Bidenomics

What is Bidenomics? In a word, failure. Talking points aside, here's nothing but the facts on how the American people have been impacted.

Inflation went from 1.4% under Biden to 40-year highs, and remains "sticky" i.e., not going away; it has risen faster than wages for the last 26 months - a record; so your paycheck is bigger but buys less.

As hours are cut, the drop in purchasing power of weekly paychecks has dropped even more, down 5.1% under Biden:

That inflation was caused by spending, borrowing, and printing trillions of dollars the gov't didn't have - Biden claims he reduced the deficit but he ADDED to it; if he just did nothing, COVID spending would've expired and we'd have a surplus today:

And the deficit is exploding - in the current fiscal year, the first 6 months of cumulative deficits exceeded the first 11 months from the previous fiscal year:

And the inflation from Bidenomics is now pushing up interest rates, increasing borrowing costs on everything from mortgages to auto loans, and credit cards to student loans - that's costing the average American family another $1,600 annually; total loss is $7,200:

Large portion of #Bidenomics speech talked about strawman of "trickle-down" economics - who espouses such a theory? And who has implemented it? Tax cuts under Trump went disproportionately to lower-income strata, with real median household income jumping $6,200 from '16 to '19:

And then there's anemic economic growth, averaging 1% over last 5 quarters, substantially worse than many other major nations, including Canada, our northern neighbor - we're actually back in #recession by Janet Yellen's preferred metric, GDO:

One last note, since #Bidenomics is apparently about "bottom up and middle out" [sic] and we previously had "trickle-down" [sic] - Biden claims bottom half of earners have seen real wage gains, but his own government's statistics say the opposite: