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Guest Column: ‘Bidenomics’ Is A Nightmare For Consumer Costs
“The check gets picked up by the customer at the pump, on the farm and in our stores, and it must stop…”
11 comments
Like most Republicans these days, lies and half-truths designed to trick gullible voters.
First, a recent analysis from Washington Monthly using numbers from the Bureau of Labor Statistics found the following:
Adjusted for inflation, per capita incomes increased 3.1 percent in 2021 but fell as inflation overwhelmed increases in people’s wages and salaries in 2022—and then, as inflation receded and employment soared in 2023, real incomes jumped 4.2 percent. Since January 1, 2024 wages have increased at an annual rate of 5%, well above inflation.
Unemployment under Biden is lower than at any point under Trump,
Average annual GDP under Trump 1.45%. Average Annual GDP under Biden 3.43%
Crude Oil and LNG production is higher under Biden than Under Trump.
Under Trump’s presidency, the USA lost 2,700,000 jobs—the highest number since the Great Depression.
Under Trump the USA saw the highest annual deficits in history.
Under Trump the USA lost 157,000 manufacturing jobs
Under Biden the USA has added 15 million jobs including 790,000 manufacturing jobs and job growth continues at a strong pace.
Under Biden record high stock market and record high 401k and IRAbBalances.
If you want to see a real failed agenda and a disastrous economy, you need to look no further than Donald Trump’s presidency. He fulfilled none of his promises and left the country with an economy on the verge of collapse. Give him another shot and he will finish the job of killing the economy and cutting Social Security and Medicare to give more tax cuts to the billionaires who are funding him, while destroying everything that America has ever stood for.
Organizations like Americans for Prosperity aim to transfer as much wealth as possible into the hands of the richest Americans and at the expense of the average American. They support the reverse Robin Hood theory known as trickle-down economics, which left American wages stagnated for decades and sent our manufacturing jobs to China So lets make this clear. They don’t care if Americans cannot support their families, so long as Corporations make more profits and the rich Republican donors get richer.
Did you know that during Trump’s presidency, we were going through a pandemic in which many people lost their jobs, including manufacturing? Those jobs have or are coming back under Biden, so you can’t really give Biden credit for adding jobs. Plus, nobody can afford to stay home because of the highest inflation in 40 years under Biden.
I got a pay raise but it’s because I changed jobs. With a $13k pay increase, one would think that I can put extra money into savings or invest in a 401k, but after $100/month in gas, $500/month food bill, I can’t. I am no better under Biden so why do I want an old, senile man unable to get himself off a stage as the leader of this country. Biden’s energy policies are going to destroy the country…at least under Trump I can keep my gas powered SUV.
“…at least under Trump I can keep my gas powered SUV.”
Ecological collapse due to carbon emissions? Having to adopt a newer, better technology? For God’s sake, I just want to drive my gas guzzler!
Insert the name of any state in America and the story is the same. Puppet O’Biden’s handlers are destroying America. This administration spends like it has $1,000 burning a hole in their tax-payer funded pocket at a thrift store, while in actuality it has $10 in a designer handbag shop.
Dude, my 401K tanked during Trump’s presidency. I’m now ahead of my future retirement goals instead of far behind. Not to mention he’s a little too fond of playing footsie with Putin and any other despot dictator he can find to chummy up to.
Wages are currently outpacing inflation. The US is also the largest oil producer in the world.
Wait until Trump imposes his tariffs, Candy…after he gives the top 1% another 2 trillion dollar tax cut. Let me know how that works out for you.
Statistically, maybe. But my wallet says otherwise.
The middle class votes for the guy who helped the money in our pockets grow to the point that helped us buy enough groceries and gas to get us through the “pandemic”. After years of “Bidenomics”, we dread the days of getting to the store only to see prices have increased – again. When we have followed our grocery lists , we ,then, have to decide which are not absolutely essential so they have to go back on the shelves. and don’t even START to think that we can fill up our vehicles like we could under President Trump!
Also, ask Mr Biden how he plans to support all the illegals crossing our borders with impunity- best not think about raising our taxes- we are tired of him using taxpayer monies to support people who are here ILLEGALLY, when WE are struggling with exorbitant food , gas, insurance, and healthcare costs.
Now, Biden supporters, how do you explain THESE problems, with your stories of this “great economy “?
I wasn’t aware that Joe Biden was personally responsible for retail hikes–the truth is that Corporate America has price-gouged Americans using “Covid” as a pretext, long after that reason no longer applied. Why? They’re as dishonest and as money hungry as the former resident of 1600 PA Ave.
I paid more for gas under Bush. The value of the dollar has decreased dramatically since then and the price of gas is lower.
Then again asking Republicans to understand economics enough to know what causes gas prices to fluctuate is like asking a goldfish to pass calculus.
Guest column? This is a freakin’ bought-and-paid-for infomercial