Study finds Americans lost $2.5 trillion in retirement savings from the Biden-Harris inflation and rate hikes. In particular, the hikes crushed bonds. That took down banks — who got bailed out. And it took down millions of older Americans — who did not get bailed out.
Study finds Americans lost $2.5 trillion in retirement savings from the Biden-Harris inflation and rate hikes.
In particular, the hikes crushed bonds. That took down banks — who got bailed out.
And it took down millions of older Americans — who did not get bailed out. pic.twitter.com/tnDIAvk6Fz
— Peter St Onge, Ph.D. (@profstonge) October 29, 2024
- New study: The average American worker lost $12,000 in retirement savings under Biden-Harris, adding 6 years of extra work before they can retire. The inflation took some of it, while the Fed’s rate hikes wrecked bonds. Bonds are a big chunk of older retirees’ accounts, so millions are already being forced to go back to work. – Wall Street Silver
- Under President Trump I was able to purchase my first home and my wife was able to quit her job and become a stay at home mom. Since Harris took office I have had to get a second job and my wife has had to go back to work part time just to make it. We can’t survive another 4 years of this – overtime
- They’re handing out Social Security to immigrants who never paid into the system. If Kamala gets her way they’ll take your house via unrealized capital gains tax. They’re robbing you blind. – Yellow Jacket
- BREAKING: Inflation cuts $2.5 TRILLION from retirement plans. Biden–Harris policies have had a detrimental impact on seniors. A growing number of older Americans are delaying or abandoning their retirement as they continue to battle chronic inflation. – Fox Business
Biden/Harris’ failed Economic policies made Americans Poorer causing upcoming RECESSION!
Costs $11,400/yr more to live-40yr High Inflation
Highest Consumer Debt in History
Home foreclosures up 117%
Bankruptcies: Personal up 68% Businesses up 34%
Unemployment benefits highest in 3… pic.twitter.com/dSgxZ7tolg— Wayne Dunlap (@wdunlap) October 29, 2024
Stolen Liberties & Echoes of Freedom. 2nd American Revolution Begins – A short story by CK Sheldon, for Whatfinger News….
Chapter Links
Chapter 1 page 1
Chapter 1 Page 2
Chapter 2
Chapter 3
Chapter 4
