Bidenomics in the news

[Legion]

Rental prices for single-family homes have skyrocketed to record levels across the U.S., increasing to an average of 7.8 percent in 2021. Apartment rents are up too.



Nationwide rent prices have increased significantly year-over-year. One- and two-bedroom rents were up 24.4 percent and 21.8 percent, respectively.




https://www.rent.com/research/average-rent-price-report/

 

[Legion]

The era of unlimited options at the grocery store is likely a thing of the past;

Have you been to the grocery store recently and noticed that one of your regular buys was missing?

You're not going crazy.

Bidenomics has caused workforce issues that mean it’s more expensive to produce the same amount of goods, and a key strategy to deal with that is to reduce the varieties of products manufactured.

Economist Andrew Novaković breaks down what’s happening behind the scenes of our grocery stores.


https://twitter.com/i/events/1511821553083817987

 

[Legion]

Prepare for 'mass-overdose' events from fentanyl, DEA warns police nationwide


The leading U.S. drug enforcement agency issued an unprecedented warning to law enforcement nationwide to brace for a spike in “fentanyl-related mass-overdose” deaths as Mexican cartels push the drug into the United States.

The Drug Enforcement Administration sent a letter to federal, state, and local law enforcement departments nationwide Wednesday, alerting officials they should prepare not only for deaths caused by fentanyl to rise but also for mass-casualty events in which a group of people dies as a result of knowingly or unknowingly overdosing.



https://www.washingtonexaminer.com/policy/prepare-for-mass-overdose-events-from-fentanyl-dea-warns-police-nationwide

 

[Legion]

Rising Mortgage Rates Boost Home Sellers’ Anxiety

https://www.wsj.com/articles/as-mortgage-rates-rise-home-sellers-fear-time-is-running-out-to-cash-in-11649275058?mod=hp_lead_pos1

 

[Legion]

Major Bank Is First To Forecast A Recession

Deutsche Bank became the first major bank on Wall Street to forecast a recession next year, thanks to the combination of surging Bidenflation and rising interest rates.

The firm’s economists predict the U.S. economy will take a “major hit from the extra Federal Reserve tightening by late next year and early 2024,” while also predicting “two negative quarters of growth and a more than 1.5% rise in the U.S. unemployment rate.”



https://www.forbes.com/sites/sergeiklebnikov/2022/04/05/major-bank-is-first-to-forecast-a-recession-more-could-follow/amp/