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Bidenomics Fails Yet Again
1 year ago
275
The U.S. Census Bureau announced Tuesday that poverty rates have spiked, more than doubling among children. Rather than recognizing rising inflation's impact on families who couldn't afford basic grocery items like eggs last year, the Biden administration is blaming congressional Republicans. The White House argued that Republicans' refusal to support expanding the Child Tax Credit has inevitably led to the rise in poverty.
That narrative fails to mention that many COVID-relief programs were masking underlying issues with the economy, including rampant inflation caused by Biden's failed economic policies. Unfortunately, masking the problems with "Bidenonmics" doesn't fix them.
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