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Joe Biden’s Horrible Economic Numbers

August 14, 2023 By Richard C. Young

President Joe Biden delivers remarks on his economic agenda, Wednesday, April 19, 2023, at Operating Engineers Local 77, a union training facility in Accokeek, Maryland. (Official White House Photo by Adam Schultz)

At The Economic Collapse blog, Michael Snyder explains why Americans are sick of Bidenomics. He writes:

Thanks Joe Biden!  Ever since you entered the White House, economic conditions have taken a major turn for the worse.  We have been experiencing the most painful inflation crisis since the Jimmy Carter era, more than 60 percent of Americans are living paycheck to paycheck, the U.S. actually lost 585,000 full-time jobs last month, consumers now owe more than a trillion dollars on their credit cards, the housing bubble has started to burst, and the most dramatic commercial real estate crisis in U.S. history has begun.  Needless to say, the American people are fed up.  According to a brand new Reuters/Ipsos survey that was just released, a whopping 73 percent of all Americans believe that the economy is in worse condition than it was five years ago…

Americans have soured on Bidenomics, concluding that the U.S. economy is worse now than it was five years ago under former President Donald Trump’s leadership, a recent Reuters/Ipsos survey found.

The overall survey found that Americans view economic issues as some of the most “pressing problems” of the day. Overall, nearly half, 49 percent, of Americans view inflation as the most important issue facing the country. Further, nearly three-quarters of Americans, 73 percent, say the economy is worse off now than it was five years ago, under Trump’s leadership. A majority, 64 percent, also believe the economy is worse off than it was in 2020, when the coronavirus took a grip, forcing businesses to close.

Those are horrible numbers Joe.

So do you actually have a plan to turn things around if you win a second term, or should we just expect more of the same?

Read more here.

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Richard C. Young
Richard C. Young
Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.
Richard C. Young
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