Talk about embracing the suck. This week President Biden announced he is attempting the impossible by running on his economic accomplishments. But there’s a slight problem: The American people are very unhappy about the economy and rate the President very low on his handling of the economy. And while IPI President Tom Giovanetti begrudgingly gives Biden points for audacity, IPI Resident Scholar Dr. Merrill Matthews goes through the statistics and the news ain’t good. Here’s a tip: Be alert to the lie that Biden came into office during a terrible economy. In fact, the economy was robustly recovering when Biden took office, and he poured trillions of stimulus on an already demand-constrained economy.
2023_06_29_Bidenomics