Biden’s presidency has been nothing short of disastrous. But now, things are worse than ever.
And a new study reveals the one thing Biden is trying to hide.
The festive glow of Christmas lights can’t dispel the icy truth gripping America: President Biden’s “Bidenomics” are leaving average Americans stranded on a financial tightrope, struggling to make ends meet and longing for the economic security of the Trump era.
A recent LendingClub study paints a picture as bleak as December winds – an astounding 62% of Americans, a 4% increase since March, are now squeezed into this precarious existence, a chilling testament to the ineffectiveness of the administration’s economic policies.
But the numbers speak louder than any staged photo op.
While Biden poses with a “Bidenomics” sign, voters deliver their verdict through dismal approval ratings and poll findings: a mere 14% credit his policies with helping them, while 85% see no improvement, or even feel worse off.
The study unveils the cracks in Biden’s economic facade:
Even those with exceptional credit scores (40% of paycheck-to-paycheckers) are caught in the financial squeeze, exposing the fallacy of economic security solely for the privileged few.
A staggering 57% of credit card holders are tethered to the paycheck treadmill, highlighting the rampant reliance on debt to keep afloat in an ever-churning financial ocean.
And as families scramble to cover Christmas expenses, the situation worsens:
This year’s projected total of $957.3 billion to $966.6 billion underscores the pressure to maintain festive appearances, potentially exacerbating existing debt burdens.
Despite credit card debt exceeding $1 trillion, a shocking 96% of shoppers anticipate overspending this season, illustrating the disconnect between desire and reality, and the perilous dance with financial precariousness it encourages.
Half of consumers plan to incur more debt to fuel their holiday splurge, with only 23% having a plan to repay it quickly, painting a picture of a future built on quicksand.
These statistics are not mere numbers; they represent the anxieties and struggles of millions of Americans, forced to navigate an economy offering diminishing returns.
Contrast this bleak picture with the lingering memory of the Trump era, where 49% of voters felt his policies directly benefited them – a stark reminder of the relative economic stability many are now missing.
Even prominent Democrats are voicing concerns:
David Axelrod, a former Obama advisor, expressed worry about “Bidenomics” eroding voter confidence and potentially leading to his “firing.”
The photo op, he remarked, was “unbelievable” in its disconnect from the real economic struggles on the ground.
The American dream, under Biden’s watch, seems increasingly out of reach, replaced by a constant battle to make ends meet.
The yearning for the relative economic security of the Trump era is palpable, serving as a harsh indictment of the current administration’s failed “Bidenomics.”
It’s time to stop the photo ops and start focusing on policies that can truly lift Americans out of the paycheck-to-paycheck rut and help them reclaim the promise of a brighter future.
Joe Biden and the Radical Left do not care about the lives of Americans and instead care about destroying this amazing nation.
Stay tuned to Prudent Politics.
