01.18.24

Americans Aren’t Falling For POTUS’ Pitch On Bidenomics

‘On average, [working families are] spending more than $11,000 more than they were when the President took office, just to maintain the same standard of living... One poll last month found that just 14% of Americans thought that Biden’s economic policies were actually helping them.’

WASHINGTON, D.C. – U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding the economy:

“This year – like last year – President Biden is still taking to the road, trying to sell the American people on the wonders of Bidenomics.

“But working families still see right through him. On average, they’re spending more than $11,000 more than they were when the President took office, just to maintain the same standard of living.

“Less take-home pay means less spending. And small businesses are feeling the pinch. In Iowa, the owner of a one-of-a-kind manufacturing operation is closing his doors after 125 years in business, and he says lower discretionary spending is to blame.

“A mother of three in Arizona recently lamented to reporters, ‘It has probably been one of the worst years. It’s been very difficult for us… It’s been difficult just buying groceries and paying bills.’

“And across the country, working families sympathize. One poll last month found that just 14% of Americans thought that Biden’s economic policies were actually helping them.

“So, the President can moonlight as a traveling salesman all he wants. But pretty soon, he’ll have to face facts: Bidenomics is a dud.”

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Related Issues: Economy