Biden's Presidency Summarized In One Tweet With markets cratering thanks to a flood of terrible economic data - which is anything but 'transitory' - this tweet by Ross Hendricks sums things up nicely: Gas is $5 a gallon, 10 year old Honda Civics cost $20k, suburban middle class homes cost half a mil and rent is $2,000 a month Hope the $3k in stimmy checks was worth it pic.twitter.com/zDQqGA1ofS — Ross Hendricks (@Ross__Hendricks) June 10, 2022 But but... INFLATION: President Biden says, "There's nobody suggesting there's unchecked inflation on the way, no serious economist." pic.twitter.com/VofmVi4s8e — Forbes (@Forbes) July 19, 2021 This is fine! Worst consumer confidence IN HISTORY pic.twitter.com/EW5UtBc1AY — zerohedge (@zerohedge) June 10, 2022 As a reminder, we're five months away from midterms.