This article was inspired when I was talking to a MAGA friend of mine (it is possible to be friends with a MAGA) and I said “I’m a huge Biden fan. Ask me why.” He asked why and I said BIDENOMICS!
“So what actually is Bidenomics and what has it done for me?”
This article will try to answer that question.
Here’s what the architect of Bidenomics has to say about it.
Building economics from the middle out and the bottom up.
Let’s start with exciting news from today — Medicare is negotiating for common drug prices. Here is the list of the first 10 drugs to be negotiated.
Then, thanks to Bidenomics, Infrastructure week has finally arrived.
Done without raising taxes on regular folks.
Results? Republicans are taking credit for Bidenomics’ good works. That just shows how good the works are.
How about jobs?
Bidenomics is about creating good jobs and empowering America's workers (from the Department of Labor website)
President Biden has proven that an economy that invests in and prioritizes growth and opportunities for workers is not only possible, it’s essential.
President Biden’s economic agenda, coupled with game-changing investments, places its faith in America’s workers to build roads, repair bridges, strengthen our ports, expand reliable, affordable broadband, deliver clean drinking water and pave the way to a clean energy future – all while creating good paying jobs in communities across the nation.
Let’s look at ‘Bidenomics’ by the numbers:
- Over 13 million jobs created since the President took office;
- A historic low unemployment rate of 3.7%, and an unemployment rate below 4 percent for the longest period since the 1960s;
- Including record low unemployment rates for African Americans, Hispanic Americans, and people with disabilities—and a 70-year low for women.
- The highest labor market participation rate for women since the BLS series began in 1948.
- More than 35,000 projects already funded, spurring job growth in communities across the country,
How about more money in your pockets?
So if we aren’t taxing regular folks, how do we pay for all this?
See why I’m a huge Biden fan? Ask me why.