Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Politics

BIDEN ECONOMY: Average Americans’ Retirement Accounts Are Down 25% This Year Alone

by October 17, 2022
October 17, 2022
BIDEN ECONOMY: Average Americans’ Retirement Accounts Are Down 25% This Year Alone

The Biden economy is crushing Americans’ savings and retirement accounts.  

Trump economist Stephen Moore with E. J. Antoni write at the New York Post that Americans’ savings are being destroyed by the Biden economy.

Not surprisingly, since President Biden took office, monthly savings have collapsed, falling 83%. (We could never understand how Biden could say with a straight face that Americans are saving more. His “transformation” of the US economy has had just the opposite effect.) Many millions of Americans who are living paycheck to paycheck just don’t have the money after paying the inflated bills to save much.

But to add insult to injury, even what has been already saved and invested by older Americans over past years and even over several decades has been erased from these accounts.

Thanks to the thief of inflation.

When Joe Biden took over he was handed an excellent and growing economy.  But he blew it.

President Trump put in place the greatest economy in US history.

Under President Trump the DOW Reaches a New All-Time High At Least Once a Week On Average!

But Biden destroyed the Trump economy by killing the energy sector and spending like money grew on trees.

BIDEN ECONOMY: Bonds at 49-Year Low – Stocks Having Worst Year Ever!

On January 20, 2021, the DOW closed at 31,188.  Now the DOW is under 30,000.  This is a 1,500 point drop for the DOW since Biden stepped into office. 

The DOW is currently down more than 6,500 points this year alone (the DOW was at 36,338 on December 31, 2021).

The worst year prior to this was 2008 when the DOW was down 4,488 points.  This is currently the worst year in US stock market history and Americans are seeing it in their 401ks.

This is the truth behind the Biden economy.

The post BIDEN ECONOMY: Average Americans’ Retirement Accounts Are Down 25% This Year Alone appeared first on The Gateway Pundit.

0
FacebookTwitterGoogle +Pinterest
previous post
EXCLUSIVE: Leaked Documents Reveal Biden’s Scheme to Import Illegal Refugees Who Survived Botched Aug. 29 Drone Strike – Will Receive Cash Assistance, Medicaid, and Free Education
next post
True The Vote Responds to RINO AZ Attorney General Mark Brnovich’s Referral to the FBI-IRS – And a Veiled Shot at FOX News

You may also like

Top NATO military official urges businesses to be...

November 26, 2024

BIDEN ECONOMY: Average American Needs Annual Wage Increase...

September 23, 2022

Trump’s GOP opponents test out different responses to...

June 17, 2023

HORROR: Recent Temple University Graduate Gunned Down in...

September 28, 2022

Lawmakers react after Chinese spy balloon shot down:...

February 5, 2023

Harris lacked confidence, presidential demeanor in first TV...

August 30, 2024

‘Squad’ member Rep. Tlaib calls for Netanyahu’s arrest;...

May 8, 2024

Ex-CIA spy turned GOP presidential candidate Will Hurd...

June 27, 2023

Border Patrol union president says agents feel ‘completely...

December 19, 2022

Schumer says ‘oligarchs’ keep him up at night,...

March 19, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • IVF parents should have right to paid fertility leave, says GMB union

      June 9, 2025
    • Reform UK clashes with Bank of England over interest payments to lenders

      June 9, 2025
    • Trump ally stands firm against ‘big, beautiful bill’ despite pressure: ‘It’ll completely backfire’

      June 8, 2025
    • Rubio condemns assassination attempt on Colombian presidential candidate Miguel Uribe

      June 8, 2025
    • Obama WH physician says Biden doc should have performed cognitive test

      June 8, 2025
    • Trump warns of ‘serious consequences’ if Elon Musk funds Democrats

      June 7, 2025

    Categories

    • Business (8,154)
    • Investing (2,019)
    • Politics (15,571)
    • Stocks (3,136)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved