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    You are at:Home»Political»Wall Street Journal Offers Money-Saving Tips for Coping with Biden’s Economy — Skip Breakfast, Poor Man
    Political

    Wall Street Journal Offers Money-Saving Tips for Coping with Biden’s Economy — Skip Breakfast, Poor Man

    carson_cao1By carson_cao1February 16, 2023No Comments5 Mins Read
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    President Biden’s economy is so bad that the Wall Street Journal is offering money-saving tips for those struggling to make ends meet, advising them to skip breakfast.

    Remember when your mom used to send you to school when you were little? But not before eating breakfast. Why? Because it was the ‘most important meal of the day’.

    Not anymore, thanks to Bidenomics.

    The Journal published Tuesday’s headline: “To Save Money, Maybe You Should Skip Breakfast.”

    The column describes how several breakfast staples have seen sharp price increases and is quick to point the finger of blame at bad weather — because it’s never happened before — bird flu, and of course, Russia’s invasion of Ukraine.

    Putin’s price hike© Stealing Your Cheerios!

    Skip meals for living?

    How badly Biden’s economy is beating average Americans.https://t.co/WJegLYW5UN

    — John Kennedy (@SenJohnKennedy) February 15, 2023

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    RELATED: Bloomberg Lectures Americans on Inflation: Eat Lentils, Take the Bus and Let Your Pets Die

    Inflation is hotter than expected

    A Wall Street Journal breakfast column was published on the same day that the latest inflation report indicated more pain for the American people.

    The rate came in ‘hotter’ than expected with the annual measure of 6.4% in January as month-on-month inflation jumped 0.5%.

    Fear not farmers. Dramatic price hikes are off the charts for only a few items…such as necessities of life.

    Food increased by 10.1%, shelter by 7.9% and energy by 8.7%. But who needs these little things?

    “Wow:” CNN reports on sky-high costs of groceries, rent and energy.

    “You’re experiencing inflation every day.” pic.twitter.com/BstV0JVet6

    — RNC Research (@RNCResearch) February 14, 2023

    President Biden looks at those numbers and thinks — good stuff, Jack.

    “We still have more to do, but here at home, inflation is coming down,” he said in his State of the Union address, a week before inflation rebounded.

    “Here at home, gas prices are down $1.50 a gallon from their peak. Food inflation is coming down. Inflation has fallen every month for the past six months but take-home pay has increased,” Biden added.

    Some points:

    • Gas prices have risen significantly since Biden took office. The ‘peak’ he refers to was under his watch and is an arbitrary measuring point.
    • As mentioned above, food inflation has not come down.
    • Take-home pay is being eroded en masse by inflation – year-over-year real wages have now been negative for 22 straight months.

    Why stop at breakfast? You basically become a billionaire if you never eat.

    Follow me and @WSJ For more life hacks. pic.twitter.com/bJIvUxSn2n

    — The Wolf of All Streets (@scottmelker) February 15, 2023

    RELATED: Families May Have to Buy Pizza Instead of Turkey This Thanksgiving Thanks to Inflation

    The Wall Street Journal – Who Wants Breakfast?

    The Wall Street Journal’s advice to skip breakfast is a natural extension of President Biden’s own advice. You know, go out and start buying generic raisin bran – no kidding!

    “You’re going to see people not buying Kellogg’s Raisin Bran. You’re going to see them buy other raisin bran that’s going to be a dollar cheaper,” Biden predicted several months ago.

    Did it take no time at all to go from ‘just cheap raisin husk’ to ‘raisin husk’? Who needs raisin bran?’

    Joe Biden suggests record increases in food prices aren’t a big deal because “you’re going to see [people] Buying other raisin husks.” pic.twitter.com/t2yIywINvD

    — RNC Research (@RNCResearch) October 28, 2022

    In case you’re wondering, The Wall Street Journal and President Biden advising you to have a junk breakfast or not eat breakfast at all is not a new concept. The media and Democrats have been advising people struggling with money to make concessions throughout this entire presidential term.

    This past Thanksgiving, Bloomberg News reported that families may want to consider replacing their traditional turkey with lighter options like soup, salad or pizza.

    Thanksgiving feasts will be more expensive this year as turkey, bread and cookies costs rise in the US, adding to historic inflation https://t.co/0zVQJNgXud

    — Bloomberg (@Business) November 10, 2022

    Former Democrat Rep. Sean Patrick Maloney (NY) advised struggling families to tighten their finances and eat Chef Boyardee.

    According to this @spmaloney, Hudson Valley residents struggling to put gas in their tank and food on the table should eat Chef Boyardi! I have a great idea — let’s fire Sean Maloney and lower inflation so New Yorkers can live here and eat what they want. pic.twitter.com/NYzXsVyVTM

    — Mike Lawler (@lawler4ny) November 5, 2022

    Bloomberg, again last year, came to Biden’s defense, telling Americans to suck it up and switch their diets from meat to vegetables. Let them eat lentils!

    Inflation stings more if you make less than $300K. Here’s how to deal:

    Take the bus
    ➡️ Do not buy in bulk
    ➡️ Try lentils instead of meat
    ➡️ Nobody said it would be fun https://t.co/HGJEoXL5ZZ

    — Bloomberg Opinion (@opinion) March 19, 2022

    Oh, and who does it affect the most? Seniors.

    Each The New York TimesMillions of seniors can’t get enough food because they fail to keep up with Social Security Inflation And grocery prices will rise by 11.3%.

    It’s not hard to understand why Americans are still frustrated with the economy when you look at the latest inflation report:

    Grocery +11.3% YoY
    Eating out +8.2%
    Natural Gas +26.7%
    Power +11.9%
    Rent +8.6%
    Airfare +25.6%
    Auto Insurance +14.7%
    Pet Services +8.4%

    — Heather Long (@byHeatherLong) February 14, 2023

    It’s pretty easy to see from those numbers why seniors are struggling. Along with the rest of America.

    How long will it be before lunch and dinner are all on the chopping block in this economy?

    Now is the time to support and share sources you trust.
    Political Insider was ranked #3 on FeedSpot’s “100 Best Political Blogs and Websites”.



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