By Bernadette Abbott
The economy in the U.S. right now is dominated by three main things: slow growth, high inflation, and low unemployment—an unusual mix that confuses a lot of economists. (Typically, a period of slow growth comes with high unemployment.) Because of this, the best ways to tackle the economic problems are hotly debated.
The Biden administration has responded to this crisis with an approach they call “Bidenomics.” In June 2023, the White house released a memo where they’d tried to explain why it “works.” Let’s summarize their approach.
Briefly speaking, Biden’s administration is promoting typical heavy tax and spending policies with a twist—it looks like “tax, spend, and borrow.” They raise people’s taxes, spend large amounts of government money, and borrow large amounts of money to pay for everything; this approach is to blame for a number of the economic problems with which we’re dealing.
While the internet today brings us all closer together and more knowledge that ever imagined 10 years ago, we seem to be loosing the advantage it should be giving us. We can see that the EU and other countries that are “requiring vaccination lists, gun lists, and other excuses to compile information on its citizens. This surely will not end well for the Free World’s Citizens. WE need to wake up, watch and learn before it is we that are teaching another historic moment where People that “give Up Their Freedoms, are worse off in the end. Wake Up Folks!! The World IS Watching!!