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Bring Back Bidenomics
Democrats have stopped mentioning Bidenomics. Why?
“Inflation Overshadows US Economic Resilience, Hurting Biden,” Christopher Condon and Gregory Korte broke the bad news for Bloomberg readers on April 25, 2024.
Not that there was much need. The dwindling pocketbooks of the American working class are enough to remind them of the struggling, sluggish, and sometimes strange U.S. economy.
And if anemic investment returns and skyrocketing rents weren’t enough to remind struggling American consumers, conservative media outlets are more than willing to shout the bad news from the rooftops.
“Growth slowing, inflation rebounding: Fresh, bitter Bidenomics pills,” touted the New York Post editorial board on April 25, 2024.
“Inflation started taking off with the passage of his American Recovery Act — and the outlays authorized then, and in his multiple follow-up spendapaloozas (plus in his off-budget giveaways, including fresh tens of billions in “forgiven” student-loan debt), are still going out the door, further goosing Bidenflation,” accused the board.
“And all along, the president’s regulators have been busy adding to private-sector costs, depressing economic growth: Per the American Action Forum, Biden in just over three years in office has added more than $1 trillion-with-a-T in costs…