“Biden’s Great Depression by Christmas”: Americans Claim President Has Killed the American Dream

Amy LewisNov 9, 2023

Minute Read

The American Dream was once a symbol of hope and prosperity. However, it now appears to be facing severe challenges. With migration patterns shifting and economic concerns mounting, the situation begs a thorough examination. Here’s a rundown of what some critics call the ‘death’ of the American dream.

The Exodus Begins

Many are waving goodbye to the bustling life in New York and California. High taxes, regulations, and increasing crime rates are the usual culprits for this mass departure. As one local put it, “Paying $700+ a MONTH for basic necessities thanks to Bidenomics” reflects the financial strain driving mass immigration.

Work from Home – A Catalyst?

The recent health crisis turned homes into offices, enabling an urban flight to more affordable regions. One remote worker mentioned, “The new American dream is a full-sized refrigerator box to live in,” highlighting the irony of reduced living costs but increased overall expenses. This trend, while initially liberating, may not shield workers from the broader economic challenges.

California’s Population Dilemma

The Golden State witnessed over half a million people leaving its embrace. This outflow is not just a number. It’s a profound shift in California’s human landscape. The departure toll echoes in empty neighborhoods and silent playgrounds, signaling a change that could reshape the state for years to come.

Tax Revenue Takes a Hit

California’s treasury felt a significant jolt, losing $340 million in 2021 as taxpayers left. A New Yorker lamented, “The inflation is killer under Bidenomics! Cost of living is soaring!” This feeling is shared by many who left the Empire State, taking their contributions to the state’s coffers with them, nearing a $300 million deficit.

Migration Trends Echo Past Times

Some critics argue that the migration we’re witnessing today is reminiscent of the large-scale movements in the 1990s. Once a family uproots and settles elsewhere, they rarely look back. “It’s hopeless,” one person said. This reveals a sense of finality that accompanies such a significant life change.

City Makeovers Fall Short

Even as urban giants such as New York and LA reinvent themselves, the appeal isn’t what it once was. “Most people know their costs have exploded. They aren’t buying the bull anymore…” says a disenchanted former resident. Despite efforts, these cities haven’t regained their magnetic pre-pandemic appeal. This led to an enduring migration to states like Texas and Florida.

The Lure of Red States

Lower taxes and business-friendly policies have turned red states into beacons for relocators. A Californian moving to Texas shared, “Sadly to say East California (Colorado) is the unfortunate victim of Californians fleeing to another state.” These sentiments underscore the continuous draw of such states since 2021.

New York’s Financial Struggles

New York City faces a complex puzzle of how to repurpose its deserted buildings. The situation is causing financial problems for this city. Once upon a time, it was the heart of commerce and culture. Now, it is searching for a new identity in the wake of a population decline, with no signs of how to do this.

Stagnant Incomes, Rising Prices

Income levels for many remain unchanged. However, the price tags on goods and services continue to climb. This imbalance pushes Americans into a troubling financial position. According to critics, the current financial situation is reversing progress and raising anxiety about the future.

Economic Uncertainties on the Horizon

Student loan repayments are set to resume. This has added to the list of financial uncertainties Americans may face. “Bidens Great Depression by Christmas” predicted some citizens. This clearly indicates the dire predictions and lack of hope that some individuals hold for the near future.

Inflationary Concerns

The cost of living has risen sharply. Some of the issues include inflation and supply chain issues, which have hit the wallets of Americans hard. Everyday items cost more, which is putting a strain on families trying to make ends meet. It is causing widespread concern about the sustainability of their financial futures.

Shrinking Household Savings

Despite a strong job market, the savings of American families are on a downward spiral. As one user points out, “Biden keeps telling everyone he is helping the middle class. Well, I’m middle class, and this is the worst I’ve seen it.” Costs for travel and goods outpace the ability to save, reflecting an uneasy economic reality.

Government Measures Fall Short

Government attempts to reign in the economic challenges have had little success. “Lahaina Maui – Epic fail for the people,” said one person. They compared domestic policy failures to international aid efforts. This reflects the feeling that despite government intervention, financial security remains elusive for many.

Self-Sufficiency over Dependency

Advisors are now urging Americans to focus on personal emergency funds. As one expert suggests, “Create your own economic solutions.” It appears that, for some, there is a need for individual strategies over waiting for government action. These experts argue that people must focus on fixing these problems themselves.

Individual Economic Strategies are Key

With the current economic path in question, crafting personal strategies becomes clear. One user stated, “Both the Pres and his administration are epic failures.” This underscores the growing belief that self-reliance will be crucial in navigating potential economic turbulence ahead.

A Silver Lining for New York?

Despite the challenges, New York’s suburbs continue to attract international settlers, offering a glimmer of hope. “Everything Joe Bidumb and his DemocRAT regime of incompetent clowns have done has turned into a nightmare,” one critic said. Clearly, some still find the city’s suburbs irresistible.

Entrepreneurs Seek More Supportive Climates

The business landscape is shifting as entrepreneurs search for locations that offer more than just an address. They crave environments that support growth with lower taxes and fewer hurdles. One business owner stated, “We’re voting with our feet.” Some users want to relocate businesses to states with a more supportive economic climate for growth and prosperity.

Retirees Reconsidering Retirement Spots

Retirement plans are being redrawn on the map as cost-of-living and healthcare accessibility take center stage. With fixed incomes, retirees can’t afford to ignore the economic pressures that dictate their quality of life. “Fixed income doesn’t work with inflation like this,” a retiree commented.