The Biden White House will often gaslight about how this administration has lowered the deficit while bragging about “Bidenomics” which often keeps X’s Community Notes folks busy:
13.2 million new jobs.
The strongest economic recovery in the world.
It’s no accident.It’s Bidenomics in action. pic.twitter.com/RPqhVPjofd
— President Biden (@POTUS) July 20, 2023
I’m all for fiscal responsibility.
In two years we lowered the deficit by $1.7 trillion. My budget lowers it $3 trillion more.
But instead of cutting programs folks rely on, we should cut wasteful spending on special interests and make sure the wealthy pay their fair share.
— President Biden (@POTUS) May 10, 2023
Enough of the White House’s fantasy. Now onto reality…
The New York Post’s Miranda Devine spotted yet another example of what “Bidenomics” has actually helped bring about, and it’s disastrous:
Bidenomics strikes again https://t.co/iEXdqrGYQA
— Miranda Devine (@mirandadevine) November 10, 2023
If this continues, what could possibly go wrong?
Yesterday, the US government tried to borrow $24 billion by selling a bunch of 30 year debt.
It was a huge disaster. In order to get enough people to buy, the rate had to…
Read the full article here