Harris admits Bidenomics isn't working

T

Tinkerpeach

Member
Even this person, the VP admits it isn't working and in how rough of shape Americans are actually in.

Harris slammed for saying most can’t afford a $400 surprise expense: ‘Yeah, that’s called Bidenomics’

"If she is a single parent, she's going to have to be able to pay for that childcare," Harris said. "She's going to lose time for work. Maybe she has paid family leave. Maybe she doesn't. Maybe she has paid sick leave. Maybe she doesn't. She will have to be able to pay for a plane, train, bus, gas. Most Americans are a $400 unexpected expense away from bankruptcy."
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https://www.foxnews.com/politics/harris-slammed-cant-afford-surprise-expense-bidenomics
 
I was reading the car repos are way up, just one more sign that people are not in a good place economically now as real wages continue to decline. Also the Revolution is actively hammering the middle class as revolutions of this type always do.
 
Here's a 2019 article about a 2018 study.


Millions of Americans are only $400 away from financial hardship. Here’s why

https://www.cnbc.com/2019/05/23/millions-of-americans-are-only-400-away-from-financial-hardship.html


Some people just don't make enough. Many have no idea how to save. I've seen people react to this saying we need to raise the minimum wage but for many people, more money = more spending. It's all about YOLO (You Only Live Once). Saving and being frugal doesn't let you enjoy YOLO.

There's nothing fun or sexy about delaying consumption and saving (again, some people legitimately don't have a choice as they barely make enough to put food on the table - not talking about them). But spending everything you make and living beyond your means is why so many people find themselves in this position.
 
Tinkerpeach said:
If most Americans can't afford a 400 expense then tell us how Bidenomics are working.
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Did Bidenomics promise to solve all economic problems?

After the worst jobs President in modern history, Biden has added almost 13 million jobs. Inflation is going down, wages are up, the unemployment # is way down. It's working.
 
BartenderElite said:
Did Bidenomics promise to solve all economic problems?

After the worst jobs President in modern history, Biden has added almost 13 million jobs. Inflation is going down, wages are up, the unemployment # is way down. It's working.
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So you are saying that the people don't matter as long as some numbers go up?

Shouldn't the economy be judged by what people can afford to buy?
 
Tinkerpeach said:
If most Americans can't afford a 400 expense then tell us how Bidenomics are working.
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You are conflating issues. Again because you are lazy and stupid. Did you think Biden was going to solve the wage/wealth gap? If so, then you must be in favor of almost every single Democratic initiative. That the state of the economy is solid DESPITE the fact that we are handicapped by the wage/wealth gap speaks to how effective Biden has been. But you want the wage/wealth gap to not only persist, but get wider. Those are the policies of Trump. Like he said after he got his tax cut passed 'my friends are very happy with me'. He wasn't talking about Joe Six Pack.
 
Concart said:
You are conflating issues. Again because you are lazy and stupid. Did you think Biden was going to solve the wage/wealth gap? If so, then you must be in favor of almost every single Democratic initiative. That the state of the economy is solid DESPITE the fact that we are handicapped by the wage/wealth gap speaks to how effective Biden has been. But you want the wage/wealth gap to not only persist, but get wider. Those are the policies of Trump. Like he said after he got his tax cut passed 'my friends are very happy with me'. He wasn't talking about Joe Six Pack.
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People could afford a 400 dollar expense under Trump though.
 
BartenderElite said:
I knew when I clicked that it wouldn't be Harris admitting that Bidenomics isn't working.

But, I clicked anyway. That's on me.
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She didn't say it, and on that I agree. What she did admit, indirectly, is that Biden inflation, rise in the CPI, and the rest of it are making it harder for many Americans to make ends meet.
 
Tinkerpeach said:
If most Americans can't afford a 400 expense then tell us how Bidenomics are working.
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In fact, bankers who thought a recession was coming have concluded it is not and Bideneconomics has worked very well. They see no recession coming now and inflation is under control again. You are such a bad and dishonest poster.
 
BartenderElite said:
Did Bidenomics promise to solve all economic problems?

After the worst jobs President in modern history, Biden has added almost 13 million jobs. Inflation is going down, wages are up, the unemployment # is way down. It's working.
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And that's with the bulk of his agenda being blocked by Manchin/Sinema

Any mention of Biden wanting negotiated prescription prices?
 
Nordberg said:
In fact, bankers who thought a recession was coming have concluded it is not and Bideneconomics has worked very well. They see no recession coming now and inflation is under control again. You are such a bad and dishonest poster.
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It's because she's a troll. A stupid troll.
 
Nordberg said:
In fact, bankers who thought a recession was coming have concluded it is not and Bideneconomics has worked very well. They see no recession coming now and inflation is under control again. You are such a bad and dishonest poster.
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Funny how the economy started improving only after republicans took the house.
 
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