“Bidenomics” is a massive flop — and everyone knows it except the Biden administration.
A simple illustration tells you everything you need to know:
Americans are paying more for just about everything. Electricity costs are up 28.6 percent, food prices are up 21 percent, and rent is up 19.4 percent — all while Americans have seen a 2.1 percent pay cut. The average American needs an extra $11,400/year just to afford the basics. Household debt is at an all-time high, credit card delinquencies are spiking, and HALF of Americans have less than $500 saved.
In fact, one in eight American retirees are expected to return to the workforce this year just to make ends meet.
Most Americans say the economy fared better under President Trump and believe prices will go up if Biden is elected to a second term.
Americans are correct on both counts.
