Posted on 08/17/2023 7:32:40 AM PDT by ChicagoConservative27
President Joe Biden and those in his administration, particularly Vice President Kamala Harris, have been touting “Bidenomics” as their new slogan as they gear up for the 2024 campaign season.
For instance, on August 4, Harris declared, “Bidenomics is working… America’s economy is strong and experiencing stable and steady growth… And unlike economic recoveries in the past, this growth is not only being felt on Wall Street. But, more importantly, it is being felt on Main Street, especially by people who start and own small businesses.”
A month prior, while in South Carolina, Biden had stated, “Bidenomics is just another way of saying ‘restoring the American Dream.’ Forty years of trickle-down limited that dream to those at the top. But I believe that every American willing to work hard should be able to get a good job no matter where they live — in the heartland, in the small towns, in every part of this country — to raise their kids on a good paycheck.”
(Excerpt) Read more at thehill.com ...
mortgage rates today at 22 year high. #fail
If Bidenomics means recession and inflation and high interest rates and energy prices, it worked.
How about some more “build back better” Americans
Yes the biden crime family delivered …..
My grocery bill for two people tells me everything I need to know: Bidenomics is an utter failure.
Ditto for the price of gasoline.
Bidenomics does not trickle down or up. It unleashes a full-force stream right in our faces.
“Wad chew gonna DO bout it, sucka?”
A few little subterfuges and sabotages are in order here. Barter, hoarding, and black market are still not being actively pursued as criminal activity. BIG niche market for a lot of vintage items that still work about as well as they ever did when new. And energy is not being rationed - yet.
But all the new restrictions may still be coming. Lead and brass may become precious metals.
I find it odd that they are trying to create their own branding for the economy like Reaganomics.
I was in my teens during the Reagan years. Was Reaganomics, as a term, created and pushed by Reagan’s team? Or was it organic?
Bidenomics feels like a jealous attempt to astroturf his way into economic folklore. From day one it felt off to me.
Also, do they really believe this sh-t or are they purposely trying to attack a weakness by touting it as a strength?
“Reaganomics” was leftist derision and snark… except that it worked and we grabbed the banner and ran with it. As I recall I don’t think the Right even waited to see it work to start waving that banner for ourselves. That isn’t the only time one of their attempts to define the political language was blown back at them.
These idiots expose their massive economic ignorance when they toss out trickle down, middle out, top down, bottom up, inside out, etc. It’s all meaningless gibberish and gobbledygook.
The economy grows when government interference in markets is low and getting smaller, when interest rates are low, when energy is plentiful and abundant, when inflation is low (and very importantly) and stable, when the GD government doesn’t decide winners and losers, and when government is hobbled and limited by a straitjacket. Today, we have none of those. Actually, every one is blinking red.
There’s a linear relation between the number of pages in the Federal Register and U.S. economic performance.
Bidonomics is more like trickle down your leg
LMAO
Haven't enjoyed a sirloin or a strip steak in two years.
At $16.00 a pound all I can do is look at it. Gas here(southern NJ) is $3.65 a gallon. What kills me about that is Newark Bay and the Linden Oil Refinery are about an hour and a half north of me and I'm paying through the nose for food and gas.
btt
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.