Bidenomics: An Epic Disney Fairy Tale?

New American Prophet ^ | August 19, 2023 | Michael Bresciani

[Rev M. Bresciani]

As the 2024 Election season approaches, polls abound. Putting the concerns of most Americans in order looms large in the scheme of things. Most polls show us that we are more concerned about the economy. After that, the integrity of the election, failing schools, and a plethora of other woes seem to be on our minds.

[Libloather]

Spreadin’ the malarkey.

Reich: U.S. in Goldilocks Economy — ‘I Don’t Recall an Economy That Is This Good’

https://www.breitbart.com/clips/2023/08/17/reich-u-s-in-goldilocks-economy-i-dont-recall-an-economy-that-is-this-good/

[FlingWingFlyer]

‘I Don’t Recall an Economy That Is This Good’

Stand up when you say that, mister! Oops! Sorry, you are standing up.

[Bob434]

Bidenomics Ina nutshell= extremely high prices for everything means we are doing well as a nation

Never mind thouhg the fact that the high prices hurt low to middle class, and only the elites can afford to buy basic necessities without being hurt too badly.

[mjp]

-Bidenomics has led to a significant increase in government spending, which has contributed to inflation.
-Bidenomics has also led to a decrease in economic growth, as businesses have been reluctant to invest in the face of uncertainty about future government policies.
-Bidenomics has also increased the national debt, which will burden future generations.
-Bidenomics has also led to increased government interventionism and expansion of government influence in the economy through increased regulation and spending, potentially stifling individual economic initiative and entrepreneurial spirit.
-Bidenomics, with its proposals for higher taxes and increased regulation, could hinder market dynamics and distort natural price signals, leading to inefficiencies.
excessive taxation on businesses and high-income earners could reduce incentives to innovate, invest, and create wealth, potentially stagnating economic growth.

-getting rid of bidenomics could also lead to a decrease in inflation, as the government would be less able to finance its spending by printing money.

[Rev M. Bresciani]

You hit that nail. I don’t like giving out flatteries like candy, but I am always amazed at the balance and insight of the bloggers here on FR. I read most of them.

[TBP]

Without hte requisite happy ending. (Except for them, of course.