A new CBS News poll makes one thing clear: Americans aren’t buying the “Bidenomics” spin.
For most Americans, “Bidenomics” means higher inflation and tax hikes — and they are not wrong. Biden has *already* raised the tax burden on Americans making as little as $20,000/year — reneging on his pledge to do the exact opposite — while inflation remains double what it was when Biden took office.
Meanwhile, 69% of Americans say prices are going up — and outpacing their income. Since Biden took office, prices have skyrocketed by 16.6% and real wages have plummeted by three percent. As a result, Americans — whose credit card debt is at a record high — are being punished by the highest interest rates in 22 years.
That doesn’t even count the many other hidden costs of the failed “Bidenomics” agenda.
It’s no wonder Biden’s approval rating — both overall and on the economy — are near record lows.
