Breitbart Business Digest: The Real Reason Americans Prefer Trump’s Economy to Biden’s

, gnashing their teeth at the realization that the American people favor Donald Trump’s economy over Joe Biden’s. This strikes them as utterly irrational, and they’ve spent months concocting elaborate theories to explain why Americans just can’t see that we supposedly live in an economic utopia under Biden., Biden’s presidency is fast securing a prominent spot. Despite the administration’s self-congratulatory rhetoric on job creation and recovery, the average American remains unimpressed.

It’s almost like a children’s fairytale aimed at teaching the dangerous consequences of dissembling. Biden’s first lie about the state of the economy at the time of the election more or less required, which in turn required him to claim that inflation wasn’t a danger as it got started and then flip to claiming it would quickly fade once it was undeniable.

More importantly, Americans understand that their real incomes—that is, incomes after inflation—were far more improved under Trump than Biden. According to a devastating analysis by Bloomberg News running under the headline “Voters Prefer Trump Over Biden on Economy. This Data Shows Why,” Both presidents ran up huge deficits to finance COVID relief spending. Trump backed the $1.8 trillion CARES Act in March 2020, while Biden backed the $1.9 trillion American Relief Plan in March 2021. But the timing mattered.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Breitbart Business Digest: Fed Is Still Not Cutting in SeptemberSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
La source: BreitbartNews - 🏆 610. / 51 Lire la suite »

Breitbart Business Digest: Powell Still Won’t Admit Rate Hikes Might Be ComingSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
La source: BreitbartNews - 🏆 610. / 51 Lire la suite »

Breitbart Business Digest: Biden Is Fighting 2009’s Economy in 2024Source of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
La source: BreitbartNews - 🏆 610. / 51 Lire la suite »

Breitbart Business Digest: One Chart Shows Why So Many People Hate the Biden EconomySource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
La source: BreitbartNews - 🏆 610. / 51 Lire la suite »

Breitbart Business Digest: Inflation Tightens Its Grip on Biden’s Re-Election ProspectsSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
La source: BreitbartNews - 🏆 610. / 51 Lire la suite »

Breitbart Business Digest: There’s Still a Big Hidden Force for High Inflation in the EconomySource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
La source: BreitbartNews - 🏆 610. / 51 Lire la suite »