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Great post!
and G R E AT data!
Thank you, Joe!!! My President!
... how people assign assign credit for a good economy. The last two Republican Presidents left the country in terrible condition. It took Clinton and Biden to get everything back on track... still, Republicans forget their disastrous policies. They don't work!
Perhaps thats the quote Biden should use.
Bidenomics is about raising opportunity and wealth for everyone... not just the super rich. I have no problem with raising wealth for the rich when everyone has an equal chance to succeed. The ever widening wealth gap shows how the average American isn't receiving benefits of tax cuts for the super rich
Trickle-down economics is a proven failure. Companies that had their taxes slashed by Trump didn't pass the profits on to the workers. They spent it on stock buybacks and record dividends to their mostly wealthy shareholders. They didn't move jobs back to America or hire more workers at a livable wage.
Trickle-down may be one of the biggest frauds ever perpetuated on the American people. This chart is like dozens of others I found online from reputable sources. It shows before Reagan, when taxes were higher, the rich still got richer. But so did everyone else at the same rate. Reagan, Bush and Trump tax cuts were disasters. Blew up the national debt and benefited 5% of the population.
The "middle" has a secondary meaning. Bidenomics currently is putting special focus on "growing" prosperity of communities in the middle of the country that've been geographically disadvantaged compared to coastal states.
'My dad used to say, “Remember, a job is about a lot more than a paycheck, Joey. It’s about your dignity. It’s about pride. It’s about being able to look your kid in the eye and say, ‘Honey, it’s going to be okay.’”
Think about it. I mean literal sense, think about that. It’s about your dignity, how you’re treated, and being able to make a living and you can tell your kids it’s going to be okay.
The second big part of Bidenomics is empowering American workers. ..."'
https://www.whitehouse.gov/briefing-room/speeches-remarks/2023/06/28/remarks-by-president-biden-on-bidenomics-chicago-il/
Empowering workers. I like that A LOT. Empowered workers are equal regardless of race, gender, etc. They're protected by the legal system, able to deal with the labor market from a position of power, and paid what their work is worth.
Btw, so far the BIL we wrote and passed has, alone, created over 35,000 infrastructure-related projects all over the nation. They're designed to multitask by bringing money, jobs, training to their communities, fighting climate change, promoting equality and opportunity.
These reports and analyses are a first step. But like Republicans, we all need to start repeating the 'Good News' on the economic front, incessantly. Biden managed to yank the economy from a financial cliff after the GOP's disastrous tenure.
If you listen to Trump he will tell you he was a financial genius: Best Economy, Ever! In the history the US, there's been no other President like me. I did more for the American people than anyone else and the economy was Booming, I tell you. BOOMING!!
All nonsensical claptrap!
He enriched his rich pals and fellow grifters. But he keeps repeating the onslaught of lies so they worm and burrow into American heads. It's the way propaganda works and it's insidious.
We need to counterattack, use the strategy against the right-wing by flooding the zone with (gasp) . . . The Truth: more jobs, better salaries, inflation down, yada, yada.
We're approaching the final showdown. Prepare your lightsabers!