The Demise of ‘Bidenomics’ as the Democrats Retreat and the Republicans Mock
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RIP ‘Bidenomics’
The Demise of ‘Bidenomics’ as the Democrats Retreat and the Republicans Mock
In a telling retreat, Joe Biden and his Democratic cohorts are shying away from the once-vaunted term “Bidenomics” as Republicans seize upon it as a weapon to highlight the failures of the administration’s economic agenda.
Analyzing the Decline: An examination by Axios reveals a stark decline in Biden’s usage of the term “Bidenomics” in public discourse. From a staggering 100 mentions between June and December 2023, the term has plummeted to a mere 3 references in 2024, notably absent from Biden’s recent State of the Union address.
Trickle-Down Bidenomics: The abandonment of “Bidenomics” extends beyond the Oval Office, with Democratic allies also distancing themselves from the term. Congressional Democrats, who once championed the term with fervor, have drastically reduced its usage, from 483 mentions in July 2023 to a paltry 10 in March of the following year.
Weaponizing the Term: Emboldened by its diminishing appeal among Democrats, Republicans have seized upon “Bidenomics” as a potent rhetorical weapon, employing it with increasing frequency to deride the administration’s economic policies.
The Democratic retreat from “Bidenomics” belies a deeper reality: the American people have resoundingly rejected the administration’s economic stewardship. Biden’s dismal approval ratings on the economy, with 61% of Americans expressing disapproval compared to a mere 38% approval, underscore the profound disillusionment gripping the nation in the face of rampant Bidenflation, which has surged by approximately 20% since Biden assumed office.
As the economic woes plaguing everyday Americans continue to mount, the demise of “Bidenomics” stands as a testament to the stark contrast between Democratic rhetoric and the harsh realities of Main Street, USA.
[Source: CNBC, Fox News Poll, Axios]
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