Joe Biden, actually his handlers, wrote an op-ed for the Washington Post touting his fabulous Bidenomics record.

Sixty years ago, the Rev. Martin Luther King Jr. and hundreds of thousands of fellow Americans marched on Washington for jobs and freedom. In describing his dream for us all, Dr. King spoke of redeeming the “promissory note to which every American was to fall heir” derived from the very idea of America — we are all created equal and deserve to be treated equally throughout our lives. While we’ve never fully lived up to that promise as a nation, we have never fully walked away from it, either. Each day of the Biden-Harris administration, we continue the march forward.

That includes a fundamental break with trickle-down economics that promised prosperity but failed America, especially Black Americans, over the past several decades. Trickle-down economics holds that taxes should be cut for the wealthiest Americans and biggest corporations, that public investments in priorities such as education, infrastructure and health care should be shrunk, and good jobs shipped overseas. It has exacerbated inequality and systemic barriers that make it harder for Black Americans to start a business, own a home, send their children to school and retire with dignity.

Further on in the op-ed he didn’t write, Biden touts spending our tax dollars to save people from having to pay off their student loans, claims Black unemployment is the lowest its ever been, has gone to war against housing discrimination, and will continue to help the economy by promoting equity and diversity over qualifications. 

So successful! Much progress! Please applaud this fabulous failure everyone! 

When you look, REALLY look at the economy, the signs of success point in the opposite direction. 

If Bidenomics is working as well as Joe is claiming, then how come his approval ratings aren’t reflecting that? 

The public appears to remain skeptical about “Bidenonomics,” with a recent poll from The Associated Press-NORC Center for Public Affairs Research finding that just 36 percent approve of Biden’s handling of the economy—and just 42 percent approve of his performance as president. The same August poll found that only 34 percent of those surveyed would describe the economy as somewhat or very good.

Do you know WHY we are skeptical? Look at gas prices. Look at what our buying power is when it comes to clothes or school supplies. Heck, look at grocery prices! Want to know one of the reasons why grocery prices have gone up so much? Food stamps. Yes, you read that correctly. Food stamps. 

In 2022, the Department of Agriculture’s Supplemental Nutrition Assistance Program (SNAP) spending hit a record high of $119 billion, a sixfold increase over the last two decades. In 2019, taxpayers were on the hook for $4.5 billion per month on food stamp benefits. By December 2022, monthly food stamp spending soared to $11 billion.

According to findings from the government watchdog Foundation for Government Accountability (FGA), previewed by Fox News, the administration’s massive expansion of food stamp benefits could be responsible for a 15% spike in grocery store prices.

FGA called Biden’s rush to increase SNAP benefits an “unlawful expansion—which bypassed Congress—will cost taxpayers $250 billion over the next decade and has heavily contributed to soaring grocery prices.”

You know, that massive increase in the use of food stamps is really kind of a major indicator that our economy is in the toilet. Never mind Joe’s gaslighting on this. When Dollar Tree has to raise their prices …

The discount retailer found themselves in a money pit following the second quarter this year, when the chain’s gross profit margin plummeted to 29.8% from 32.7% during the same time period last year. And according to Dollar Tree CEO Richard Dreiling and CFO Jeffrey Davis, the tank in sales is largely due to “shrink” – a corporate term for shoplifting.

~Snip

But while company execs have pegged theft as a major source of their financial problems, they also say the rising cost of energy – thanks in large part to President Joe Biden’s war on American energy independence – has driven up the cost of everything from shipping goods to heating and cooling their stores. On top of that, inflation has forced Americans to rethink where they spend their thinly-stretched dollars, leading consumers to buy only the essentials and leave discretionary purchases on the shelves – all of which cuts into retailers’ sales.

And the Federal Reserve is talking about raising the rates again to get a handle on inflation, no matter the spin, our economy has taken some hits. 

Joe’s right.

I came to office determined to change the economic direction of this country and to move from trickle-down economics to my middle out, bottom up vision:

Bidenomics. pic.twitter.com/kvOz81iGSO

— President Biden (@POTUS) August 25, 2023

His Bidenomics plan IS working.

https://t.co/qUt1HcWTio

— Magills (@magills_) August 25, 2023

Ignore what Joe is saying and look around you. His Bidenomics is one of the best examples of a successful failure we’ve seen in decades. 

Feature Photo Credit: Original artwork by Victory Girls Darleen Click