Bidenomics Is Making Poverty Great Again

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by valuewalk
Monday, Aug 14, 2023 - 20:16

The country is not embracing Bidenomics, in fact, most Americans are disgusted by the socialist economic policies of this administration.

A new CNN poll indicates that just 37% of Americans give President Joe Biden a positive approval rating for his handling of the economy. For inflation, his approval rating slips to only 30%.

Democrats and media cheerleaders are perplexed about why Americans are unhappy about the economy. They claim the economy has stabilized and the inflation rate has been significantly lowered since the record was established in 2022. 

Incredibly, some Democrats believe that Americans are not aware of the true successes of the Biden administration, while others claim that Biden does not boast enough of his accomplishments. What baloney! There are no significant economic accomplishments of this administration and Americans are very aware of the damage that Biden and his policies have caused. 

In 2023, grocery prices increased 5.8%, which is why 71% of Americans are changing their spending habits according to the CNN poll. Although the national average price for a gallon of gasoline has fallen from the all-time high of $5.02 in June of 2022, there is still pain at the pump for Americans. 

When President Donald Trump left office in January of 2021, the nation average price for a gallon of gasoline was only $2.38per gallon. Today, the national average price for a gallon of gasoline is $3.83, an increase of 61% since the last day of the Trump administration. No wonder 48% of the CNN poll respondents indicated that they drive significantly less today and 50%have either cancelled or changed their vacation plans.

Read the full article here by Jeff Crouere, Townhall

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