Biden has already taken steps to slow down an already hurting economy by waging war on oil. He's canceled the Keystone Pipeline and has put a ban on new permits to drill on federal land. He's put us back into the Paris Agreement. He is a already a job killer, not creator.
My prediction - Unemployment 5% by the end of the year
Although I think unemployment will decline, real earnings may decline. Under Trump, real earnings rose by 7.3% from January 2017 to January 2021. This economic calculation is based on what people earn and the consumer price index (considered the benchmark inflation guide). Concerning to me is inflation.
My prediction - Real earnings will decline as inflation starts to creep up.
Biden's plan for America? Become dependent on foreign oil again. His first week in office, he has already assured that this will come true. Predictions are one million less barrels per day produced in the US under Biden than under Trump.
My prediction: $2.60(+) average for the year.
Despite glowing media coverage that will inevitably happen no matter what the state of our economy, I do believe that Biden's approval rating will take a hit (maybe not this year but within the next 3 years). People will feel the impact of his policies, as they did with Obama's.
My prediction - Approval rating decline to 45%
Gallon of Whole Milk
Gas prices impact everything we do and buy, including our groceries. As the cost of transporting those groceries goes up, so does the price of the products. I chose whole milk since it is directly impacted by the cost of transportation. I am predicting it will be 10 cents higher than last year.
It's funny to me when Democrats brag about winning the 2020 election. They had big money and big business changing election laws to target Democrat voters (but I thought Democrats were for the little guys?!) and they had a candidate lie AND the media lies to misrepresent him as a "moderate".
Two weeks into his presidency, he wrote dozens of Executive Orders, more than any other President (but sure, Trump was the DicTAtor), and started his anti American people agenda.
The Federalist also has a tracker of his lies. But here are the top lies that got him voted in that he had no intentions of fulfilling..
Biden promised that given the Senate, the House, and the Presidency, $2,000 would go out to every American. WEEELLLLL instead it's $1,400. And it hasn't been passed yet (it's 2/10/21).
The media attacked Trump for saying Biden was going to ban fracking. Days after he was elected, the Biden administration says of course he will ban fracking.
Beyond that, what he has already done has waged war on oil and union, good paying jobs that were keeping us energy independent. See my blog for more on this.
Biden stated that there was no vaccine when he got into office, even though he had the vaccine himself in November 2020. Politifact, once again covering for his obvious lie, says of course he just misspoke (never ONCE was this lame excuse offered for anything Trump said) and Snopes marked it as a "mixture". Biden didn't just misspeak, he lied. He also lied about there being no vaccine plan (despite almost a million people being vaccinated a week prior to Biden taking office). He lied about being able to "defeat" coronavirus if elected (and then once elected and inaugurated, he said the pandemic will get worse).
Biden and leftists are completely and intentionally misrepresenting Georgia's voting laws. He was even given 4 Pinocchios for his lies.