Bidenomics

At the core of “Bidenomics,” a term being increasingly used to describe the economic policies of the Biden administration, is a concerning trend: a movement towards forcing American consumers to purchase expensive products that they may neither need nor desire. Most recently, this tendency has manifested itself in the government’s intent to limit short-term health insurance plans, with the ultimate aim of ushering more consumers into the ObamaCare exchanges – a heavily subsidized and regulated system. The Health and Human Services, Labor, and Treasury Departments recently proposed regulations to retract…

As the presidential elections loom on the horizon, the White House has taken a proactive stance with the launch of its new public relations campaign, “Bidenomics.” This fresh endeavor seeks to define President Joe Biden’s economic agenda that President Biden himself humorously admitted at a June 17 union rally in Philadelphia, is working even if he doesn’t quite understand it. This raises a pertinent question: What precisely is Bidenomics, and is it indeed functioning as intended? Understanding the Pillars of Bidenomics Bidenomics, as stated by a White House release, is…