Bidenomics is simple: it means you pay more for goods and services. Americans are spending over $11,400 more annually to buy basic goods under his failed policies.
Bidenomics is simple: it means you pay more for goods and services. Americans are spending over $11,400 more annually to buy basic goods under his failed policies.
🚩❗️House Speaker Johnson wants voters to forget what hit the US and world in 2020: YES,🦠#COVID19Pandemic hit and wreaked havoc on U.S. and ALL the world's nations' economies. Why does he want voters pre-election 2024 to forget that? Because Trump and MAGARepublicans downplayed COVID even spread hoaxes with its media partner FOX disinformation 'news.' ❗️Republicans have done Zero to help the economy! Name one GOP bill drafted by GOP to lower prices on anything⁉️ ☠️In 2020 on, people were dying by the thousands daily; freezer trucks of temporary morgues were set up alongside hospitals in ig cities, temporary morgues for the dead.😥 RIP Trump: "it's just a flu coming from Chyna; it will go away, slow the testing down." TRUTH: WATCH Bob Woodward Interview Tapes with Trump: youtu.be/HJkVOs0s3mw?si… 🚩A global supply chain crisis began in 2021: The crisis was caused by a combination of factors: Pandemic; The Russia-Ukraine conflict, Structural factors, Labor shortages, and Shifts in demand. 📍Republicans predicted a Recession but Morgan Stanley credits "Bidenomics" we didn't have one and are in a "soft landing." ✭☞➡Morgan Stanley also credits President Biden's economic policies with driving an unexpected surge in the U.S. economy that is so significant that the bank was forced to make a "sizable upward revision" to its estimates for U.S. gross domestic product. ✭BidenAdministration economy policy is building the economy from the middle out to the top, experts refer to as Bidenomics. His great economic advisors and legislation passed mainly by Democrats e.g. Infrastructure and Investments Act, CHIPS Act, et al. ✭📉Inflation has gone down to 3.2percent from the high of 9percent; GDP rate is at a current level of 27.94T, ⬆️from 27.61T last quarter and ⬆️from 26.41T one year ago. ✭⛽️Gas prices are expected to be continue to lower in 2024 than in 2021, averaging $3.31 per gallon compared to $3.52 last year per Buddy's annual Fuel Price Outlook. ✭U.S. stock market's strong start to the year has boosted its overall gain under Biden, with the S&P 500 benchmark now ⏫📈34% since his inauguration in 2021. That's better than the S&P 500's SPX performance under Trump at this state in his term! 🔴📍Corporations profits have skyrocketed 📈 Greedflation and shrinkflation caused more than half of last year’s inflation surge, a study finds (read source) keeping prices high. ☹️ But wages are ⬆️ 20 percent higher than they were in 2019 so companies argue prices can't remain the same. ALL Congress should work with BidenAdministration on the issue. #BidenDeliversforUS🇺🇸✊ #Joementum2024🌊 fortune.com/2024/01/20/inf…