Posted on 01/15/2024 1:50:00 PM PST by ChicagoConservative27
The tale President Joe Biden tells is that his “Bidenomics” had a positive impact on the economy by reducing the budget deficit and getting inflation under control.
The problem is that it’s just not true.
On the one hand, we have the claims made by the White House and the Treasury, but on the other hand, we have the cold hard facts.
Unfortunately for the White House, the final budget data for fiscal year 2023 tells the story of out-of-control spending, even outpacing rising revenues, and the devastating effects that can have on an economy through inflation.
(Excerpt) Read more at thehill.com ...
The National Debt increased $2 trillion in the 28 weeks between 15 June and 29 Dec of 2023.
This is Democrat-speak. The deficit has been reduced because OBiden did not get as much o spend from Congress as he wanted.
Innumeracy. Folks caint do maff
Government maffs in every day life::::
Last month I put $10,000 on my credit card. This month I only put $9000 on my credit card. I made $1000. Time to go spend it on that purse for my mistress.
I was surprised The Shill wrote this article, which I haven’t read yet. No longer surprised. It won’t convince any voter that Biden ain’t responsible for Bidenomics.
Government maffs in every day life::::
Last month I put $10,000 on my credit card. This month I only put $9000 on my credit card. I made $1000. Time to go spend it on that purse for my mistress.
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