The Booty Report

News and Updates for Swashbucklers Everywhere

Biden be a scurvy dog, plunderin' the coffers of us landlubbers with his triple threat o' treachery! Aargh!

2024-03-12

Arrr mateys, the Americans be walkin' the plank of Bidenomics! Inflation be higher than a crow's nest, interest rates be cuttin' like a sword, and immigration be stormin' the ship. They be strugglin' worse than a scallywag with a peg leg! Aye, twas a rough sailin' indeed.

Inflation, interest rates, and immigration have created a toxic economic mix for the bottom 50% of American wage earners during President Joe Biden's first three years in office. Biden's policies have led to a Reverse Robin Hood Effect, benefiting the rich at the expense of the needy. While the top 1%'s share of financial assets increased under Biden, the bottom half saw no growth. Average hourly earnings have declined, devaluing work and making it difficult for families to afford necessities like food and housing.Biden tried to blame the rich for economic failures and proposed higher taxes on billionaires and high earners. However, the American public understands the real impact of his policies, as polls show a majority rating the economy poorly and feeling worse off financially. Even some Democrats, like Senator Bernie Sanders, acknowledge the harm caused by Biden's policies.High interest rates and unchecked immigration have further worsened the situation for working-class Americans, leading to a desire to end the economic hardships caused by the three I's. Bidenomics, characterized by excessive spending and immigration policies, has failed to benefit ordinary Americans, highlighting the need for change.

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