Bidenomics
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"Bidenomics has been defined by 40-year-high inflation, record drops in labor productivity, anemic economic growth, growing credit card debt, rising interest rates, insipid labor force participation, onerous regulation, falling real incomes, and runaway government spending, borrowing, and printing of money," EJ Antoni, a research fellow for the Heritage Foundation’s Grover M. Hermann Center for the Federal Budget, told Fox News Digital. "Distilled down to a single word, Bidenomics means ‘failure.’"
"They spend like drunken sailors — that is what’s causing problems," Desmond Lachman, a senior fellow at the American Enterprise Institute, told Fox News Digital. "It’s easy to get unemployment down for a short period of time, but it’s difficult for a long period of time. The way they got it down so much is by overstimulating the economy, but now they have inflation."
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