It’s just a few days before the end of the 2024 campaign, and we’re finally learning where Bidenomics leads. The Bureau of Labor Statistics published its October report, and its final report before the election turned out to be a tad bit off. The job numbers expected for October had to be revised down by almost 90,000 jobs. Isn’t it funny how those numbers are always revised down and never up?
The net increase in jobs was for wealth consumers, rather than wealth creators.
In his first four years as President, Joe Biden signed into law major investments in the U.S. economy, including in infrastructure, domestic manufacturing, and climate.
What utter baloney! They are all failing to acknowledge the simple fact that government spending retards rather than stimulates the economy.
These economists are either more dedicated to the propaganda than the truth, or they don't understand the difference between wealth creation and wealth redistribution.
The Problem With Bidenomics But Bidenomics is based on wealth redistribution.
All of which are left with fewer resources with which to create wealth and enrich the community.
As the October jobs report shows, Bidenomics sacrificed 28,000 wealth creators, to subsidize the employment of 12,000 wealth redistributors.
https://spectator.org/the-bidenomics-chickens-have-come-home-to-roost/
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