Great economy? Not so fast – Flopping Aces

Every day we hear from Biden and democrats about how great the economy is. It’s great for hedge fund traders and illegal immigrants who are replacing American workers but it sure isn’t great for everyday Americans.

Under Biden inflation is up at least 16% and groceries are up 20%. That’s the tip of the iceberg.

Home foreclosures shoot up 10% amid soaring interest rates, job losses and higher grocery and utility bills eating into earnings – here are the states WORST affected

Home foreclosures are on the up across the US as Americans continue to battle against soaring interest rates and rising costs.

Last month, 37,679 properties had a foreclosure filing, according to fresh figures from real estate data provider ATTOM – up 10 percent from the month prior.

Commercial foreclosures increase 97% from last year to near decade-high

Commercial real estate foreclosures in the U.S. increased 97% in January 2024 compared to last year, reaching a high that has not been seen in nearly a decade, according to new data.

With 635 commercial foreclosures in January 2024, foreclosures increased 17% from December 2023 and 97% from January 2023, according to a report last week from property data analyst ATTOM.

The last time that commercial foreclosures were this high was in May 2015, per agency data.

Americans have not spent this much of their incomes on food since the Gulf War: feds

Soaring grocery bills and restaurant tabs are eating up more of Americans’ paychecks than they have in three decades, according to the federal government.

In 2022, US consumers spent 11.3% of their disposable income on food as raging inflation jacked up prices on everything from bacon, eggs and milk at local supermarkets to burgers and burritos at fast-food joints, according to data from the Agriculture Depar

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