Perhaps by now you've heard of President Joe Biden's economic plan.
He calls it "Bidenomics."
"Bidenomics" is not working.
In fact, it's hurting quite a bit.
Just ask financial writer Stephen Moore.
Moore explained to Newsmax recently that "the average American family is $4,000 poorer under President Joe Biden's economic policies than during former President Donald Trump's administration."
"What really worries me is more on the consumer side. We're going to see a report coming out very soon that shows, for the first time in American history, that consumer debt on credit cards will be over $1 trillion," Moore said. "That's about a 30% increase in just two years."
Inflation has gone up by around 18% under Joe Biden's ridiculous policies.
Meanwhile, wages have only increased by about 14%.
That leaves a 4% gap that translates to around $4,000 per year for many American families.
"He's going to run on Bidenomics to some extent," said Forbes editor-in-chief Steve Forbes. "I mean, you have to run on the economy to some extent, because it's such a big thing. It's everybody's story."
"How does that work for him when he pretends the economy was a wreck when he took office, which I think most people realize is not true?" Forbes asked. "And you try to say, Well, things are getting better now and say it is the Republicans' fault for any pain you feel. It's not going to work. People see through it. That's why Biden's ratings, in terms of economic performance, are in the proverbial toilet."
Regular Americans aren't liking Joe Biden's economic plan any more than the experts are.
Just ask Donny, a blue-collar worker in Philadelphia who gave his opinion just before a recent Biden visit to the town:
"We’re still struggling. We could be better," Donny told Fox News. "Wages could be better."
"Everything's so high," he said. "Food is so expensive right now it's not even funny."
To read more about this story, click on the source here.
