Thursday, February 1, 2024

Biden's Absurd New Economic Messaging Strategy

Voters aren't believing them when they say that the economy is doing excellent and that Joe Biden deserves the credit.

Rather than make a meaningful attempt to understand the American people's economic pain and recognize why it isn't being detected by traditional economic indicators, the president's team has settled on a different solution-experimenting with different economic messaging.

As the general election fast approaches, Team Biden is rolling out a new economic argument that, in the words of POLITICO's Adam Cancryn, "Tries to frame former President Donald Trump as the candidate of corporate tax cuts and Biden as a scourge of the ultra-wealthy."

The first years of the Biden administration also contained the most brazen transfer of wealth to Big Pharma in the country's history.

The Biden administration then tried its best to force every American working at a mid-or large-sized business to take Pfizer or Moderna's vaccines.

As president, Biden has also been exceptionally friendly to weapons companies and Pentagon contractors.

Because they owe their riches to the federal government, they stand only to gain from the expansion of taxing and spending that Biden appears set on pursuing in a second term. 

https://mises.org/wire/bidens-absurd-new-economic-messaging-strategy

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