You may have been hearing the term “Bidenomics” quite a bit lately. But do you know what it really means?
It’s, of course, a clever combination of “Biden” and “economics.”
Most Republicans use it as a slur simply because Biden’s versions of economics are anything but good for the country. To be fair, the Republicans didn’t even come up with it. And Biden is well aware of the fact that the word exists.
He made a comment last year about coming into the office to change the economic direction of the country. He claimed that the move away from trickle-down economics was “what everyone in The Wall Street Journal and Financial Times began to call ‘Bidenomics.'”
There was no reason to change the economic direction of the country. Gas prices were low, America was responsible for its own fuel, and people were working. The economy was in good shape.
Biden chose to break a system that was working just fine — which is why he’s getting blamed for everything. His anti-oil policies are causing inflation and don’t even get us started on the interest rates that are making home ownership more expensive than ever before.
The result is that many Americans are pessimistic about the state of the economy. Only 34% of Americans in a new AP poll approve of Biden’s leadership.
So, when it comes to the current economic state, it’s Bidenomics — and it’s not a good thing. Still, it doesn’t stop the mainstream media from dressing it up and pretending that it’s the prettiest thing they’ve ever seen.