Posted on 07/23/2023 2:37:37 PM PDT by Oldeconomybuyer
The ghost of Ronald Reagan seems to be haunting — or at least consulting — Joe Biden’s White House. The administration’s recent embrace of the term “Bidenomics,” which echoes “Reaganomics,” seeks to turn a less-than-complimentary jab from the Wall Street Journal and Financial Times into a positive talking point about Biden’s economic accomplishments.
Just before Biden delivered a major economic speech in Chicago last month, his press office announced that Bidenomics is “the word of the day, word of the week, word of the month, word of the year.” As a strategic move, however, this particular presidential coinage might not be as smart as they think it is.
Let’s start with the Reagan connection. “Reaganomics” was coined in the early 1980s by the legendary conservative radio broadcaster Paul Harvey, who, unlike the wordsmiths who invented “Bidenomics,” was sympathetic to the program.
Experts and partisans still debate the successes and failures of Reaganomics. Regardless, while Reagan never publicly used the words “trickle-down” or “Reaganomics,” his economic policies remain a significant part of his legacy for those who admire the man and his presidency.
The Bidenomics message seems to be all strategy, little substance and generally off the mark at a moment when the president desperately needs to convince the country that his leadership is better than the alternative. Asking politicians to set aside strategic and messaging gimmicks is probably too much, but the Biden team needs to give voters some credit for understanding all the issues that matter.
(Excerpt) Read more at news.yahoo.com ...
Something equivalent to “Trickle Down Economics” as elegantly described by Thomas Sowell.
“Bidenomics” had something to do with “Modern Monetary Theory,” didn’t it?
Print enough money and everything will work out great?
Bidenomics: they control voting. It’s production and counting
Tax and Spend
Bidenomics is the Democrats plans to destroy the Middle Class then take away yheir assault weapons, which is any semiautomatic weapon, and then establish their long sought after Socialist Paradise.
“...all strategy, little substance and generally off the mark...”
Bidenomics= trickle on…the American taxpayers
Bidenomics is media enabled socialism designed to crush America and Capitalism.
Well, they couldn’t very well use “Malaise” as it was already taken, so...bidenomics.
Indeed. Their embrace of this term a couple weeks ago is so bizarre, so lacking in substance, but perfectly consistent with their approach to governance: all attempts at affecting style, but utterly lacking in substance.
BTW, I don’t remember it being applied to Ford or Carter, but otherwise the “nomics” suffix has been applied to every President since Nixon. That these simpletons thought it was something fresh and exciting just shows what effin cretins they are.
https://en.m.wikipedia.org/wiki/Nixonomics
You can fix ignorant but you can't fix stupid!
Bidenomics is the polar opposite of Reganomics.
Fork over the American people to crush the middle class between the mill stones of taxation and inflation.
Bidenomics is Obama’s policies redone. Copied from Karl Marx.
-PJ
bidumbnomics
same as
ebonicnomics
generational welfare
They are high inflation, lying, and fudging numbers
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