Good day all. When the worst president* in American history, Joe Hairsniffer Biden pushed through his laughable Inflation Reduction Act, it was quickly termed “Bidenomics.” It refers to the economy going right down the tubes since Dementia Joe was installed into the Oval Office and he killed 10,000+ jobs being generated by the KeystoneXL pipeline.
Now Bidenomics is considered to be deeply insulting to liberals, progressives, Democrats and Joe Biden. Biden’s handlers then tried to do a “Republican” and take ownership of the word. (Felonia von Pantsuit referring to Trump supporters as “Deplorables” for instance) It hasn’t worked, so now the maladministration and Biden’s handlers have decided to try and make “Maganomics” an insulting term.
As expect the Democrat Propaganda Corps has picked up their marching orders and started using the term “Maganomics” as an insult to the economic policies of the Greatest President of the 21st Century, Donald Trump. As expected, it’s going about as well as Biden’s “Soul of the Nation” speech last year.
People have been comparing how things were when President Trump left office to how things are today. They’re not good. There are hundreds of memes out there on gas prices almost doubling thanks to Biden’s “War on Oil” and how inflation is at levels not seen in over 40 years, This hasn’t stopped Biden from trying to denigrate Maganomics and call Bidenomics as a success. Here are a few details from the Washington Examiner:
President Joe Biden is trying to underscore the difference between his economic policies, self-described as Bidenomics, and the “MAGAnomics” of his Republican foes. But with July and last month’s consumer price index reports finding rising inflation, exacerbated by the increasing cost of gasoline, Republicans are welcoming Biden’s comparisons.
Heritage Foundation federal budget research fellow EJ Antoni confessed he is confused why Biden is determined to “hang” his “hat” on the economy, contending it seems to be “a losing formula.”
“We have a whole slew of economic data that says that things are going in the wrong direction,” Antoni told the Washington Examiner. “While it’s true that we have so far this year avoided a recession, it still seems like one is right around the corner. And we shouldn’t forget that we had a recession last year, although a lot of people in the media wanted to redefine what a recession was for the first time ever.”
You will never lose money betting on Joe Biden to do absolutely the wrong thing. Also, right on schedule, President Trump and his people saw this and ran with it.
Former President Donald Trump‘s campaign has seized on the opportunity to promote the 2024 Republican primary front-runner’s economic positions, with aides mocking Biden for seeking “political credit and public gratitude” for Bidenomics, which they assert is undermined by “inflation, taxation, submission, and failure.” In addition to Biden’s spending, Trump’s campaign also cited his approach to taxes, energy, immigration, and regulation.
“With polls confirming that Americans overwhelmingly reject Biden’s effort to whitewash his abysmal economic record, he will now attempt to reverse his message 180 degrees, ludicrously trying to blame President Trump for the destruction and misery that Joe Biden himself has wrought,” the Trump campaign said.
A White House official previewing Biden’s speech reframed MAGAnomics around the federal government funding fight this fall amid House Republican disagreement over their defense appropriations bill this week before Congress‘s Sept. 30 deadline to avoid a shutdown.
“Congressional Republicans’s MAGAnomics budget would slash taxes for the wealthy and big corporations; cut Social Security, Medicare, and Medicaid; and raise costs for hardworking families,” the administration official said. “The American people overwhelmingly reject MAGAnomics — from trickle-down tax cuts to cutting Social Security, Medicare, and Medicaid — and strongly support Bidenomics, which invests in America and lowers costs.”
Bidenomics has been a disaster for this country. When President Trump was in office, companies were pulling manufacturing back into the United States, taxes for “The rich” actually went up under President Trump’s plan and the average American’s taxes went down. Add to this oil and gas exploration exploded and the United States became self sufficient and a net energy exporter for the first time in decades. Comes January 20th 2020 and all of that came to a screeching halt.
More broadly, the Democratic National Committee has amplified Biden’s MAGAnomics talking points as well, emphasizing Trump’s tax cuts, which are due to expire at the end of 2025, and this cycle’s Republican presidential candidates.
“2024 GOP candidates love Trump’s unpopular tax breaks for the wealthy so much that they’ve pledged to bring back and extend his MAGA tax scam at the expense of America’s middle-class families,” the DNC said Thursday. “Republican presidential hopefuls have long, shameful records of railing against policies that support America’s hardworking middle-class families.”
The DNC and the Democrats in general have, to be blunt, wrecked the economy. They love to claim the Trump tax cuts were unpopular. Well they were, to the Ultra Rich donors to the Democrat party and to the Blue states that have jacked up taxes to the point of confiscation. One of the things the Trump tax cuts did was to cap the state deductions on mortgage interest and the deductions for state taxes. It also cut taxes for the average person. If the tax cuts are allowed to expire, it’s going to hurt people already suffering under Bidenomics and Bidenflation.
Biden and the Democrats may want to try and hang the term MAGAnomics on the Republicans, but it doesn’t take into account that the Republicans, the Base and Trump supporting Republicans in any case, don’t see MAGAnomics as a bad thing. On the other hand, the abject failure of Bidenomics is obvious and is hurting people. Go ahead Democrats, let’s compare the two and see which one was better for America and Americans.
Thatisall
(4 votes, average: 5.00 out of 5)
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~The Angry Webmaster~
