Friday, November 17, 2023

Bidenomics is a failure just like Biden

Here's the proof Bidenomics really isn't working for Americans

Bidenomics isn't resonating with voters

Inflation continues to loom large, despite October’s numbers beating Wall Street’s expectations; interest rates are at near record high levels, the housing market is a trainwreck, and credit card debt is at all-time highs.

Yet, for some reason, the Biden administration continues to give speeches touting the strength of the economy, touting Bidenomics. However, it isn’t resonating with voters.

A recent poll shows that just two percent of voters in "six battleground states said the economy was excellent. More than half of voters under 30, Hispanics, women, and people in every income bracket say they trust former President Trump to handle the economy more than Biden."

According to the Bureau of Labor Statistics, the Consumer Price Index (CPI), the most common measure of inflation, increased 3.2% in October 2023, versus September 2022. While the CORE CPI, which excludes more volatile variables such as fuel and food, was 4% higher.

What is lost on the majority of talking heads on financial television is that the CPI in October 2022 was 7.7%, meaning that prices today are nearly 11% higher than they were in 2021. While this is lost on the talking heads, it isn’t lost on working Americans who are trying to put food on the table and gas in their trucks.

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4 comments:

Anonymous said...

Slaves of the devil never win! Illegitimate regime.

Anonymous said...

Way to go Satan

Lynn Anderson said...

This is all on Biden, the worst President ever.

Anonymous said...

Absolutely worst resident of the white house ever biden sold his soul to Satan for millions of dollars, a sellout, traitor, and slave for the devil, all the Satan worshippers love him. Pray!