
The truth about Bidenomics
Meri Emongo
Description
The truth about Bidenomics<br /><br />Joe Biden is trying to coin the phrase "Bidenomics" to describe what I can only imagine as a parallel universe where he believes the U.S. economy is thriving thanks to his economic policies. <br /><br />Unfortunately for all of us, the reality doesn't match his perception.<br /><br />https://rumble.com/v2zrisc-the-truth-about-bidenomics.html<br /><br />Both on Twitter and during a speech in Chicago, Biden repeatedly touted "Bidenomics" as he attempts to sell Americans on his economic record. For example, in one tweet he (or his handlers) wrote:<br /><br />"We’ve added over 13 million jobs – more jobs in two years than any president has added in a four-year term. And that’s no accident. That’s Bidenomics."<br /><br />While technically true, most of these jobs were due to post-pandemic return to office - not newly created jobs.<br /><br />The entire "Bidenomics" schtick is built on lies and misdirection. <br /><br />Here are 5 facts that expose "Bidenomics"<br /><br />📈 Rampant inflation: The U.S. has had 4% or higher inflation for 26 straight months under Joe Biden, peaking at 9.1% in June 2022. In the four years prior, it averaged roughly 2%.<br /><br />🔒 Overregulation: The regulations that Biden has put on the American economy have cost Americans roughly $10,000 per household.<br /><br />💳 Credit card debt: Americans have roughly $1 trillion in credit card debt - a $250 billion increase since Biden took office.<br /><br />⛽️ Gas prices: Joe Biden handed Americans a new record-high national average of $5.01 last summer. And while it's now down to $3.54, that's still considerably higher than the $2.37 average when Trump left office.<br /><br />📉 Declining wages: Real average hourly earnings have fallen 3.16% during Biden's presidency, according to the Bureau of Labor Statistics.<br /><br />And the American public knows "Bidenomics" is BS. A recent Fox News poll found that just 20% of Americans say Biden's economic policies are helping them.<br /><br />[Source: WSJ, Fox News,