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EXCLUSIVE: Economists Rip Philadelphia Inquirer Columnist’s Fairy Dust Defense of ‘Bidenomics’
NewsBusters ^ | 9/19/2023 | Joseph Vazquez

Posted on 09/19/2023 4:00:14 PM PDT by JV3MRC

Philadelphia Inquirer national columnist Will Bunch gaslit the American public in an outrageous full-throated defense of “Bidenomics.”

Bunch’s Sept. 14 column headline speaks for itself: “The problem with ‘Bidenomics’? It didn’t go far enough.” The columnist doubled down on his absurd logic in the sub-headline: “New census data shows how ‘Bidenomics’ was helping America's working class and poor — until a key anti-poverty program was killed.” Economists interviewed by MRC Business showed why the argument was nonsense.

The columnist attempted to bend the recent jaw-dropping Sept. 12 U.S. Census Bureau report that showed the overall U.S. poverty rate spiked 4.6 percentage points in 2022 to 12.4 percent, with the child poverty rate also more than doubling as the nation grappled with a 40-year high inflation crisis spurred on by government spending. Bunch actually tried to spin that the “main reason” for America’s poverty turmoil was Senate Republicans who didn’t vote to extend or permanently institute the expanded Child Tax Credit under President Joe Biden’s disastrous $1.9 trillion inflation-inducing stimulus.

(Excerpt) Read more at newsbusters.org ...


TOPICS: Business/Economy; Government; Politics
KEYWORDS: biden; bidenomics; economy; philadelphiainquirer; willbunch

1 posted on 09/19/2023 4:00:14 PM PDT by JV3MRC
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To: JV3MRC

My budget was very tight. Inflation pretty much pushed me into the red . Thanks Pantload Joe!


2 posted on 09/19/2023 4:12:03 PM PDT by Nateman (If Mohammad was not the Anti Christ Mad Moe definitely comes in as a Strong second..)
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To: JV3MRC

Bunch would have you believe you can put out a fire by pouring gasoline on it.

And I, for one, would like to see him demonstrate that.


3 posted on 09/19/2023 4:17:47 PM PDT by Apparatchik (If you find yourself in a confusing situation, simply laugh knowingly and walk away - Jim Ignatowski)
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To: Nateman

I hear that! This turnip is tapped out!

Let’s Go, Brandon! *SPIT*


4 posted on 09/19/2023 4:33:14 PM PDT by Diana in Wisconsin (I don't have, 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set. )
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To: JV3MRC

The Disastrous Joe Biden Administration continues


5 posted on 09/19/2023 4:42:30 PM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: JV3MRC

I lost 95% of my business with the lockdowns. It started to come back. Now, with chomo Joe, I am back to 5% of where I was 4 years ago. I despise this dirty nasty daughter molesting chomo, everyone who supports him, and everything government related.


6 posted on 09/19/2023 4:44:49 PM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes)
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To: Nateman

Poverty up real income down deficit up interest rates up. My hunch is only crack addicts happy


7 posted on 09/19/2023 4:48:44 PM PDT by genghis (Cathinkngact only re check ason go after e puthatn 5nu0 inbbiedComlpln)
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To: genghis

The interest is up
And the stock market’s down
And you’re gonna get mugged if you go downtown
A Country Boy Can Survive


8 posted on 09/19/2023 7:29:20 PM PDT by griswold3 (Truth, Beauty and Goodness )
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