Saturday, July 27, 2024

Decoding Bidenomics: The Hidden Economic Horrors that Could Change America Forever!

In the dark, brooding shadows of the nation’s economic landscape, a chilling tale unfolds. The stage is set, the curtains drawn, and the protagonist, President Biden, embarks on a theatrical nationwide tour, touting the “extraordinary success” of “Bidenomics.” But wait, what’s lurking behind those curtains? What sinister plot is hidden behind the smoke and mirrors?

Bidenomics! Yes, you heard it right. The very word sends shivers down the spine of the well-informed, and rightfully so. As the 2024 campaign intensifies, a macabre dance begins. The president’s public relations blitz targets his predecessors, but is it a sincere examination of his own economic record, or a fiendish diversion from a terrifying reality?

Public approval rating of the economy stands at a dismal 36%. A haunted landscape of soaring federal debt, spiraling inflation, and stagnating real incomes—these are the nightmarish figures of the Biden era.

A blood-curdling $5 trillion will be spent over the decade by the runaway Democratic government, and annual budget deficits, once a mere specter below $1 trillion, now loom ominously, threatening to engulf $3 trillion within a decade.

And the president’s claim of reducing the deficit by $1.7 trillion? An illusion, a ghostly trick! He merely allowed $2 trillion in pandemic spending to dissolve, adding a monstrous $300 billion more. What of the $1.9 trillion American Rescue Plan? A wolf in sheep’s clothing that drove the phantom of inflation into an outright economic crisis.

The middle class, once the beating heart of America, now lies shackled and beaten by the dark forces of Bidenomics. Mortgage rates rise from 2.8% to a horrifying 6.7%. Home prices spiral by 22%, nearly doubling monthly payments on a new median-priced home.

And the stock market? A tale of tragedy and despair, plummeting nearly 10% since the bleak dawn of 2022. Even the 13 million jobs added since the president’s inception ring hollow, most being mere shadows returning after the pandemic’s dark cloud lifted.

The truly terrifying twist? The Census Bureau’s revelation that economic inequality is growing for the first time since 2011. Inequality rises like a dark phoenix from the ashes, fueled by declining real incomes and a faltering stock market.

And what of the president’s “pro-worker” and “pro-investment” crusades? Empty promises, hollow echoes! Policies designed to raise labor costs and shield chosen industries from competition have choked American competitiveness and worsened inflation.

Look no further than the CHIPS Act, a wicked spell that instead of encouraging domestic superconductor production, ensnared manufacturers with costly mandates, causing plans to be gruesomely canceled and delayed.

And let’s not forget the eerie Inflation Reduction Act’s handouts for clean energy projects, now projected to spiral a ghastly 2,686% over budget.

In the chilling climax of this drama, Bidenomics stands revealed as a sinister masquerade, a dark symphony played to the tune of subsidies and regulations that shelter the privileged few, leaving consumers and taxpayers forsaken.

Given this gothic tapestry of federal debt, relentless inflation, and falling incomes, is it any wonder that President Biden would rather duel with “trickle-down” ghosts than face the horrifying specter of his own economic legacy?

Beware, dear reader, of the darkened corridors and hidden chambers of this grim economic landscape. For behind the grandiloquent speeches and triumphant proclamations lies a story most foul—a tale of deception, intrigue, and a nation’s betrayal.

In these haunted times, only the vigilant survive.

Stay wary, stay watchful, for the shadows cast by Bidenomics are long, and the night is dark and full of terrors.

William Reed
William Reed
William Reed, a fearless news writer, uncovers hidden truths that shape our world. With unwavering dedication, he challenges established narratives, shedding light on lesser-known realities.

Latest news

MUST READ

editor picks

SUPPORT US

Your support is crucial. Every donation is deeply appreciated and will directly aid in upholding our mission. Thank you for joining the fight for independent journalism!

SUBSCRIBE

Subscribe to Newsletter for new blog posts and more. Let's stay updated!

Related news