Posted on 10/19/2020 8:02:14 AM PDT by JV3MRC
The Wall Street Journal Editorial Board just ripped apart the absurdity of Bidenomics.
Hint: it most definitely is not well grounded in mainstream economics as New York Times economist Paul Krugman would have people believe.
In an editorial headlined The Cost of Bidenomics, The Editorial Board wrote that Democratic presidential nominee Joe Biden has shrewdly kept the campaign focus on Covid-19 and President Trump, which has helped him avoid having to talk much about his own policies. However, thats especially true of his economic proposals, which a new study out Sunday from the Hoover Institution shows will have a damaging impact on growth, job creation and household income.
(Excerpt) Read more at newsbusters.org ...
Fixed their spelling error.
An economic plan that is not consistent with the laws of physics cannot succeed. At the core of Biden’s “plan” is a dependence and huge spending on green energy. Green energy can never power a modern industrial society. If coerced, it will result in economic contraction and less production of real wealth. History has shown that the degress of social justice in any society correlates best the amount of real wealth produced. A Bien administration will result in joblessness, poverty, social and political discord.
We had green energy until about 200 years ago. Id ask our liberal idiots which world would they want to live in.
So-WSJ JUST now figured this out?
They have known it and wrote about it all along. You need to catch up to reality.
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