President Biden seems poised to make “Bidenomics”—a raft of economic legislation passed during his term, as well as future proposals—the centerpiece of his reelection campaign, arguing that the U.S. economy is strong. But is it really? The Onion answers the most important questions about Bidenomics and its effects on…
AdvertisementA: Proponents of Bidenomics estimate the average American will save as many as .07 seconds combining the words “Biden” and “economics.”A: Basically, any positive part of the current economy is Bidenomics, and any negatives, those are not Bidenomics.Q: Why is the president making Bidenomics such a central point of his reelection campaign?Q: I’m poor.
A: Fewer banks need bailouts, all PPP loans have been forgiven, and the average American CEO is seeing more drilling profits than ever.AdvertisementA: The drugs your insurance plan doesn’t cover are cheaper now.A: It’s rarely ever smart to hitch your wagon to the state of America.A: Those people don’t count.
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Fitch Rating Downgrade Rattles White House Selling `Bidenomics’This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Today, White House reporter Jordan Fabian examines the fallout from Fitch’s surprise downgrade of the government’s credit rating. Sign up here and follow us at bpolitics. Email our editors here.
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