‘I would say they’re too expensive because we inherited a disastrous Biden economy, and we’re making progress,’ the Vice President told Fox News
JD Vance admits the prices of groceries and housing are “too expensive” but once again has laid blame at the feet of the "disastrous Biden economy,” despite the Trump administration having taken the reins more than eight months ago.
“Housing is too expensive, groceries are too expensive. Now, I would say they’re too expensive because we inherited a disastrous Biden economy, and we’re making progress,” Vance said, speaking to Fox News’ The Ingraham Angle.
The vice president made the remarks Friday when discussing the struggling U.S. economy and its potential link to a surge in popularity for Democratic New York mayoral hopeful Zohran Mamdani.
No, it was/is supply shock. Two giant global events, pandemic and Russian invasion, disrupted global trade and screwed up supply chains. Things were normalizing until Dumbass took the reins and decided to fuck up the supply chain on purpose with shitty trade policy.
The housing market problems go back to the housing market crash in the 2000s. It allowed the rich to completely lock up existing supply while at the same time freezing new construction. So now there is no path to home ownership for the vast majority of North Americans. This is unfortunately not a US only problem, it’s a capitalism problem.