Dems Try to Sell Bidenomics

This week, Treasury Secretary Janet Yellen said “the 63% of Americans who disapprove of how President Biden is running the economy are wrong. They personally might not be doing very well, but that is mostly their own fault because those who are working with the President are doing very well. The Bidens have raised themselves out of the working class to become millionaires. Dr. Anthony Fauci has increased his net worth by over $300 million over the past few years.”

Former Clinton administration Labor Secretary Robert Reich seconded Yellen's take, saying “it’s a Goldilocks economy. Hourly pay is up by 12% since Biden took office. I’ll tell, you I’ve been watching and participating in economic policy for at least 30 years, and I don’t recall an economy that was this good.”

Unfortunately, inflation is also up by 16% since Biden became president. This leaves workers with a net decrease of 4% in real purchasing power. The prices of energy, food, transportation, mortgages and rents have all skyrocketed. Malls are floundering. Retail chains are shrinking. Vacancy signs are proliferating on main street and at strip malls. Americans are paying $700 more each month on living expenses than they did two years ago.

SEMI-NEWS/SEMI-SATIRE by John Semmens