Biden’s Presidency Summarized In One Tweet

With markets cratering thanks to a flood of terrible economic data – which is anything but ‘transitory’ – this tweet by Ross Hendricks sums things up nicely:

Gas is $5 a gallon, 10 year old Honda Civics cost $20k, suburban middle class homes cost half a mil and rent is $2,000 a month

Hope the $3k in stimmy checks was worth it pic.twitter.com/zDQqGA1ofS

— Ross Hendricks (@Ross__Hendricks) June 10, 2022

But but…

INFLATION: President Biden says, “There’s nobody suggesting there’s unchecked inflation on the way, no serious economist.” pic.twitter.com/VofmVi4s8e

— Forbes (@Forbes) July 19, 2021

This is fine!

Worst consumer confidence IN HISTORY pic.twitter.com/EW5UtBc1AY

— zerohedge (@zerohedge) June 10, 2022

As a reminder, we’re five months away from midterms.