"Voters' Economic Sentiment Clashes with America's Thriving Economy"

1 min read
Source: AIER - Daily Economy News
"Voters' Economic Sentiment Clashes with America's Thriving Economy"
Photo: AIER - Daily Economy News
TL;DR Summary

The recent headlines about a robust economy are contradicted by challenges such as increasing part-time employment, declining household employment, mounting public debt burdens, and declining real wages. Bidenomics, based on costly Keynesian boom-and-bust policies, is under scrutiny. The surge in part-time employment and declining real wages underscore the fragility of the labor market. Record debts accrued by households and the federal government are not signs of a robust economy, and excessive deficit spending weighs heavily on future generations. The article suggests implementing fiscal and monetary rules to rein in government spending and reduce the impact of Bidenomics on the economy.

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