Opinion

‘Bidenomics’ shouldn’t get any credit for good economic news


All opinions expressed in this article are solely the opinions of the contributors.

Core inflation is cooling. Job growth is up, business investment is rising. There’s good economic news out there but the question is: Who gets the credit? President Biden is pointing to “Bidenomics” — his strategy of growing the economy “from the middle out and bottom up,” a departure from President Reagan’s “trickle-down” economics.

Republicans like Straight Arrow News contributor Star Parker think that Biden is taking credit for positive economic news when the actions of House Republicans and former President Trump really set things in motion.

Biden spent and spent and spent, like a drunken sailor, during the first two years of his presidency. He wanted to even spend more, and like his predecessors before him — Clinton and Obama — Biden will champion the success of “Bidenomics.” He keeps calling it “Bidenomics.”

And yet it’s not “Bidenomics. It’s with Republicans in charge of the House, things have begun to slow down and get in order, according to the Constitution — just like how it was the actions of President Trump and the Republican Congress that set things forth to lower the deficit is on the shoulder of Republicans to do everything they can to lower inflation and to bolster the economy. 

The red states are working, and that’s what’s making Biden look good right now. House Republicans are now fighting to reduce federal spending and extract a commitment from Biden to reduce spending by more than $2 trillion. But he’s out there lying and so the people get confused and think that no, Republicans are just trying to throw people over the cliff and Republicans are the bad guys. No, actually they’re watching out for your pocket.

Biden will surely take the credit or try to take the credit, nonetheless, but we can’t afford to let him have his way. We literally cannot afford what Biden has in store for our economy or for our lives.

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