Biden Pitching “Bidenomics”?

Is this guy serious?
Wages are down, credit card debt is way up, earners living paycheck to paycheck is over 50%, existing and new home sales are down.
Every time I hear “investment” in this or that how come there’s never any mention of the taxpayers footing the bill?
Call me skeptical.

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Are wages down? Is inflation?

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Do these tell us anything about Bidenomics?


image

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Their metrics are wrong. Academics looking from the outside in.

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Lol.

That’s what the conz say when a Democrat is president.

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Here’s Bidenomics:
Bidenomics = Unaffordable food, gas, rent, electricity; inflation out the wazoo; jacked-up interest rates; retirement funds shrinking to inadequacy; scarcity of commodities of daily living; higher taxes.

Wrong for what purpose? Was one specified?

Is wage growth up or down? Seems like that needs to be resolved.

Anyone here familiar with the concept of “area under the curve”?

Worse yet… since it’s year on year comparison, price inflation could go down to zero and we would be paying what we paid a year ago… under the highest inflation level.

Cheesh!

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Lol.
A con isn’t President, so that is irrelevant.
Lol

Has the world moved on in the past 2 years? You should read the article.

I imagine that depends. And why.

Remember back in the day (3 years go) when the economy was still doing well and everything was still affordable?

If so; congratulations, you’re not a complete idiot. :wink:

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I’m surprised a lib would consider that chart to be an asset in defending “bidenomics”. The USA line starts at the top of all listed nations. It ends with us at the bottom.

Let’s go Brandon!!

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Okay. Relative to when? Last month? Last year? 2013?

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Please look again at what the chart is measuring.

I learn so much here.

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What do you think that line means?

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When someone has to coin his own name into catchphrase, it’s bad optics to me.

And yes, if someone wants to “whatabout” a counter-example of some GOP guy doing the same, I’ll hold the same opinion of it.

It’s a different story if other entities coin the phrase. But Biden pitching it was the first I ever heard of the term.

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Year-on-year percent inflation.

The numbers would have to go negative to undo the damage Biden has caused.

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https://www.cnn.com/2023/06/28/politics/joe-biden-economic-speech-chicago/index.html

“We decided to replace this theory (trickle-down economics) with what the press has now called ‘Bidenomics,’” he said during a political rally with union members in Philadelphia. “I don’t know what the hell that is. But it’s working.”

“I didn’t come up with a name,” he said, crediting the news media for inventing the term Bidenomics. “I really didn’t. I now claim it.”

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Would you say the same about the leaders of UK, Germany, France, Canada and Japan as well- that all their leaders have caused the damage of inflation in their countries and are fairing even worse than Biden in getting it back down?