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Bidenomics In 3 Charts! Share of Total Net Worth Held by the Top 1% Near All-time High, 25 Straight Months Of NEGATIVE Real Wage Growth, 3 Straight Quarters Of NEGATIVE Net Worth Growth
Confounded Interest ^ | 07/09/2023 | Anthony B. Sanders

Posted on 07/09/2023 12:23:46 PM PDT by Kaiser8408a

Bidenomics, which Bumbling Biden can’t explain, and his Press Secretary Karine Jean Pierre only utters “top down was a failure, we are trying the opposite!” Sorry Karine, Bidenomics personifies top down economic (mis)management where DC picks winners and losers as opposed to the free market. Under Biden’s corrupt administation, it is more like an economic FLEA market. Where the fleas get crumbs and the 1% get all the steaks and champagne.

Bidenomics is a confluence of insane levels of Federal spending and horrid Fed monetary policy, particularly in reaction to Covid.

Then we have 3 consecutive quarters of declining household net worth. Meanwhile, the Obamas and Biden (and {Pelosi) get wealthier by the day.

Finally, we have 25 straight months of NEGATIVE REAL weekly wage growth.

When Biden incoherently explains Bidenomics, he is really saying that he hates tax cuts to generate economic growth. After all, Biden and the DC bureaucracy think your money belongs to them.

(Excerpt) Read more at confoundedinterest.net ...


TOPICS: Business/Economy; Food; Government; Politics
KEYWORDS: biden; bidenomics; economy; fjb; inequality; recession
Tomorrow belongs to Democrat Party brownshirts unless Trumps wins in 2024.
1 posted on 07/09/2023 12:23:46 PM PDT by Kaiser8408a
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To: Kaiser8408a

This can’t be right. We all know that Republicans are for the rich, and Democrats are for “the little people”.


2 posted on 07/09/2023 12:26:16 PM PDT by Signalman
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To: Kaiser8408a

Biden’s Approval raiting amoung ballots is 80 percent.


3 posted on 07/09/2023 12:31:54 PM PDT by cowboyusa (YESHUA IS KING OF AMERICA! AMERICA FIRST! DEATH TO MARXISM AND GLOBALISM! )
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To: Kaiser8408a

It’s (((robbery))) but don’t say anything…


4 posted on 07/09/2023 12:48:19 PM PDT by wastoute (Anyone who believes PsyOps are not involved has never met a PsyOps Officer.)
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To: Kaiser8408a

The Democrat Biden administration is a huge disaster. /Captain Obvious


5 posted on 07/09/2023 1:04:37 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: Kaiser8408a

Voters are happy with income raises, they do not factor in inflation.


6 posted on 07/09/2023 1:37:04 PM PDT by Kenny500c ( )
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To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; BraveMan; cardinal4; ...

7 posted on 07/11/2023 10:38:43 AM PDT by SunkenCiv (Putin should skip ahead to where he kills himself in the bunker.)
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