Despite all the claims made by the Biden regime, the economy is in absolute shambles and it’s only getting worse!
The cost of living continues to rise as astronomically high inflation lingers and wages are CERTAINLY not keeping up. As a result, the average American is finding it FAR more difficult to make ends meet – so they’re getting desperate.
A massive amount of the middle-class have been forced to tap into their 401ks early just to survive this horrific economy. Bank of America data reveals that 401k accounts across the country are being DRAINED by people experiencing “financial distress.”
Their numbers show that the situation for the average American is getting much worse, RAPIDLY!
In the first quarter of 2022 the number of hardship withdrawals was unusually high, but by the second quarter that number had shot up 36%!
And at the same time, auto loan delinquencies – a good indicator of the economy’s true weakness – have been SKYROCKETTING!
Meanwhile, Joe Biden and his band of idiots are repeatedly peddling the falsehood that the economy is “strong as hell,” tricking the American people (that believe this lie) into a false sense of security which will only make it even HARDER for people to stay afloat in this Biden economy.
Watch the video here to see why this 401k stat is such a bad sign for the country both now AND in the long run.