more news about how "well" things are going economically under Democrat tyranny for most American citizens...

Quote:'Pawn Stars' Legend Knows It's Bad Because of What's Coming Into His Shop

nflation in the United States has skyrocketed under President Joe Biden, and pawn shop owners are now noticing a troubling trend.

Rick Harrison, who is a pawn shop owner and longtime staple of the television show “Pawn Stars,” joined “Fox and Friends” on Monday morning to explain what he was seeing.

“Most people don’t realize, 20 percent of the adult population do not have a bank account, they don’t have normal banking,” Harrison said.

For that reason, Harrison said selling items to a pawn shop may be the best option these people have to make a little cash.

Harrison specifically detailed the plights of Americans in Las Vegas, where his Pawn Stars store is located.

“I mean, you almost have to have a car there,” Harrison said. “It’s just a very spread out town.

“Gas prices are killing people, just the price of food has gone…inflation has gone nuts, and I really believe lower-income people it affects much worse than it affects upper-income people.”

Harrison did not hesitate to name the entity he believes is responsible for these inflation problems.

“We just have a government dead set on creating more inflation and less jobs,” Harrison said. “I mean, that’s the only way I can think to say it.”

As part of the recent increase in people looking to pawn items for money, Harrison said he has seen many new people coming to sell things in his shop.

“There’s a lot of people, especially young people who work in the gig economy and things like that,” who are coming to sell their belongings.

Once again, he said this can be attributed to the poor economy in the country under President Joe Biden.

“Rents in Vegas alone are up 24 percent in one year,” Harrison said. “You know, you take the gas prices, the food prices and everything like that: it’s much harder to make a living.”

As Americans struggle to pay their bills, Harrison said he and his staff “try and do what we can do” to help out.

“I live in the poorest county in Oregon like four months a year,” he said. “I help out a lot down there. And when you’re talking rural places, it’s even worse because people have to drive so much more.”

While pawn shops can provide some temporary relief for people who are struggling due to inflation, the problem does not look like it will be going away any time soon.

Top Business School Finds Democrats' 'Inflation Reduction Act' Would Increase Inflation Through '24

Quote:he University of Pennsylvania’s Wharton School released its preliminary analysis of the Inflation Reduction Act under consideration in the Senate, and it determined that inflation would actually slightly increase for a few years should it become law.

The legislation is the result of negotiations between Senate Majority Leader Chuck Schumer and moderate Democratic Sen. Joe Manchin of West Virginia.

“The Act would very slightly increase inflation until 2024 and decrease inflation thereafter. These point estimates are statistically indistinguishable from zero, thereby indicating low confidence that the legislation will have any impact on inflation,” the Penn Wharton budget model determined.

The PWBM calculated that inflation would increase up to 0.05 percent by 2024.

“We estimate a 0.25 percentage point fall in the [personal consumption expenditures] price index by the late 2020s,” the group added.

The nonpartisan Tax Foundation reached a similar finding, stating, “On balance, the long-run impact on inflation is particularly uncertain but likely close to zero.”