Bidenomics Equals Stagflation and a Bleak American Future
READ THE TRANSCRIPT AT WWW.PETERNAVARRO.SUBSTACK.COM
Bidenomics equals stagflation. That’s America’s sober economic reality after more than two and half years of a Joe Biden presidency pockmarked by profligate government spending, soaring interest and mortgage rates, a precipitous loss of strategic energy dominance, a southern border invasion, a new and expensive endless war, and a rapidly expanding trade deficit.
As the 2024 presidential election approaches, Bidenomics is conjuring up the ghost of a 1970s stagflation past that ended in a landslide victory by the Republican Ronald Reagan over Democrat Jimmy Carter. In the final 1980 presidential debate, with polls surprisingly close given the grim economy, Candidate Reagan asked the American people “are you better off today than you were four years ago?” That question – and its obvious “no” answer -- triggered a decisive break in undecided voters to the Reagan camp.
Will this Reagan-Carter past be prologue to a resounding Biden defeat? The answer to this question must begin with this observation: Biden’s Democrat Party is supposed to be the party of America’s working classes and wage earners. Yet, American labor is now bearing the heaviest burden of Bidenomics.
WATCH NOW FOR THE REST OF THE STORY
-
LIVE
Laura Loomer
1 hour agoEP 80: LIVE COVERAGE: President Trump Returns to Butler, PA
2,191 watching -
DVR
Jewels Jones Live ®
22 hours ago“NO MONEY FOR AMERICANS” | A Political Rendezvous - Ep. 94
16.5K6 -
LIVE
Drew Hernandez
16 hours agoTRUMP'S RETURN TO BUTLER PA RALLY
2,505 watching -
1:20:55
-
1:00
steveinman
1 day agoDog sweeps the leg of a tortoise
11.4K14 -
36:51
Michael Franzese
1 day agoMy time in prison with Menendez Brothers | Monsters Netflix Series Review
71.8K19 -
1:51:03
Game On!
15 hours agoCollege Football Saturday! Week 6 Preview and Predictions!
58.9K11 -
1:09:56
I_Came_With_Fire_Podcast
1 day ago"The Truth About Presidential Power, Weak Checks & Balances, & Civic Responsibility"
38.8K21 -
17:28
Winston Marshall
3 days agoThe VP Debate REVEALED More Than You Know...
133K160 -
1:20:16
Bright Insight
23 hours agoFriday Night LIVESTREAM
75.3K53