It's funny he has to use a phrase originally coined by a president who actually did something. Biden is pretending he's accomplished something. Ok, lying that he's accomplished something.
https://issuesinsights.com/2023/06/...truth-in-bidens-bidenomics-is-working-speech/
In a 30-minute speech in Chicago this week, President Joe Biden declared that his economic policies — which can charitably be summed up as “borrow and spend, tax and regulate” — are doing wonders for the nation’s economy.
Never mind that just 38% of Americans approve of the job Biden has been doing on the economy.
No. The only risk we face, Biden argued, was a return of that bogeyman known as “trickle-down economics.”
“Folks, let me say this as clearly as I can,” Biden said. “The trickle-down approach failed the middle class. It failed America. It blew up the deficit. It increased inequity. And it weakened the in — our infrastructure. It stripped the dignity, pride, and hope out of communities one after another, particularly through the Midwest, Western Pennsylvania, and heading west.”
Scary!
Or, it would be, if there was a shred of truth to it. The middle class made huge gains during the “trickle-down” Reagan boom and was making huge gains during the Trump boom until the Biden-backed COVID lockdowns gutted it.
Truth is, the only way Biden can make the case for “Bidenomics” is by lying. Examples:
The only thing that Biden said that was truthful in his speech is that “Bidenomics is working.”
It’s working all right, assuming that Biden’s plan was to destroy America.
https://issuesinsights.com/2023/06/...truth-in-bidens-bidenomics-is-working-speech/
In a 30-minute speech in Chicago this week, President Joe Biden declared that his economic policies — which can charitably be summed up as “borrow and spend, tax and regulate” — are doing wonders for the nation’s economy.
Never mind that just 38% of Americans approve of the job Biden has been doing on the economy.
No. The only risk we face, Biden argued, was a return of that bogeyman known as “trickle-down economics.”
“Folks, let me say this as clearly as I can,” Biden said. “The trickle-down approach failed the middle class. It failed America. It blew up the deficit. It increased inequity. And it weakened the in — our infrastructure. It stripped the dignity, pride, and hope out of communities one after another, particularly through the Midwest, Western Pennsylvania, and heading west.”
Scary!
Or, it would be, if there was a shred of truth to it. The middle class made huge gains during the “trickle-down” Reagan boom and was making huge gains during the Trump boom until the Biden-backed COVID lockdowns gutted it.
Truth is, the only way Biden can make the case for “Bidenomics” is by lying. Examples:
- “U.S. has had the highest economic growth rate, leading the world economies since the pandemic.”
- “We created 13.4 million new jobs.”
- “Americans are back to work who’ve been on the sidelines, and they want to come back.”
- “Just in my first two years in office, my team and I have reduced the deficit by $1.7 trillion.“
The only thing that Biden said that was truthful in his speech is that “Bidenomics is working.”
It’s working all right, assuming that Biden’s plan was to destroy America.