Bidenomics! Biden Blames USA Downgrade On Trump (But Economy Added 12.53 Million Jobs After Covid Shutdowns Ended Under Trump While It Took 2 1/2 Years For Bidenomics To Add 12.56 Million Jobs)

Confounded Interest ^ | 08/02/2023 | Anthony B. Sanders

[Kaiser8408a]

Bidenomics is where the Attorney General Garland gives Hunter Biden blanket amnesty and arrests Biden’s Presidential opponent. Welcome to the United Venezuelan States of America!e

The new regime talking points are out – namely that Fitch downgraded the US credit rating from AAA to AA+ on Tuesday because of MAGA Republicans and all things Trump.

But while Fitch cited “the expected fiscal deterioration over the next three years, a high and growing general government debt burden, and the erosion of governance relative to ‘AA’ and ‘AAA’ rated peers” as reasons for the downgrade, the Biden administration is of course blaming Donald Trump and his supporters due to one portion of Fitch’s explanation: “a steady deterioration in standards of governance over the last 20 years,” and that “repeated debt-limit political standoffs and last-minute resolutions have eroded confidence in fiscal management.”

Then on Wednesday, Fitch’s Richard Francis told Reuters that the downgrade was ‘due to fiscal concerns and a deterioration in U.S governance as well as polarization which was reflected in part by the Jan. 6 insurrection.’

And so of course, the Biden administration is blaming Trump.

But the claims that the US was downgraded because Trump’s economy lost miilions of jobs is ridiculous.

Actually, the US economy added 12.53 million jobs after April 2020 (Trump) while Bidenomics created took 2 1/2 years to add 12.56 million jobs. So, Biden took over twice as long to create jobs after Covid than it did under Trump. Simply opening the economy and schools produced that magical claim by Biden. And the National Teacher’s Union and Randi Weingarten worked with Fauci to orchestrate shutting down schools. Blaming Trump for local governments shutting down the economy is pure bunk.

Bidenomics and massive Federal spending is the cause for the downgrade. Not Trump.

[Kaiser8408a]

Biden, Pelosi and Schumer (with RINO assistance) are destroying US economy.

[ProtectOurFreedom]

Were any new jobs actually ADDED after the scamdemic? Or were they just restored?

[Vaduz]

Biden has proved all he knows about economics is bribes everything else is void.

[Pearfect]

Biden and the democrats think the American people are,STUPID.

VOTE DEMOCRATS OUT AND SHOW WE ARE NOT.

[CatOwner]

Biden and the democrats think the American people are,STUPID.

They would be correct.

[FlingWingFlyer]

If the people living in this country were so ignorant and gullible, FJB, Schumer and Pelosi would never get away with this crap.

[cowboyusa]

65 percent aren’t buying it.

[Vermont Lt]

This doesn’t surprise me. But, let’s not kid each other. As both parties play the blame game, we should be looking at all of them and telling the entire political class to knock it off.

A pox on all their houses.

If these people want to see a #$&*-show, wait for the day after the dollar stops being the reserve currency. I hope I don’t live that long.

[MrRelevant]

I am sure building the debt to 33,000,000,000,000, still having “sticky inflation”, high interest rates and fighting a proxy war has nothing to do with it.

[Republican Wildcat]

Oh...it is Trump’s fault.

Why not live dangerous, Joe? Blame it on Bush, too. Oh heck - go for Reagan and Nixon as well. Why not?

[SunkenCiv]

• Biden administration official blames Trump, Jan. 6 for Fitch AAA US downgrade [08/02/2023]
• Poll: Most Say Paycheck Failing to Keep Up with Inflation in 'Struggling' Economy [08/02/2023]
• The Government & Media are Lying: If Inflation is Gone, I Have a Bridge to Sell You Over the Pacific... in Las Vegas! [08/02/2023]
• Lawmakers express outrage over surprise Fitch decision [08/02/2023]
• Americans got used to spending big during the pandemic. Now they're running out of money and racking up record credit card debt. [08/02/2023]
• US workers estimate they need $1.8M to retire: survey [08/02/2023]
• They See it Coming -- Fitch Joins S&P to Downgrade USA Credit Rating [08/02/2023]
• Biden Team Throws a Fit Trying to Spin Fitch Downgrading US Credit Rating Due to "Erosion of Fiscal Management" [08/01/2023]

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