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Biden Policies: Impoverish Americans & Tell Them to Stop Being Poor

June 09, 2022

President Biden and congressional Democrats aren’t facing a “messaging” problem. They are out of touch with the challenges American families face. Sen. Debbie Stabenow (D-MI) dismissed the problem as something one could avoid simply by purchasing an electric vehicle that would be unaffordable for a median-income earning family in her own state. 

While doubling down on the policies that created the highest inflation in 40 years that’s stealing from people’s paychecks, Democrats are telling Americans to “stop being poor.” 

As a result, America’s working families and Main Street businesses are suffering. Americans’ view of the U.S. economy is now worse than it’s been in a decade. 

Here’s why:

President Biden is a Pay-Cut President. After the GOP-led Tax Cuts and Jobs Act (TCJA) boosted paychecks and created more economic opportunity, under President Biden, American workers’ disposable income has now fallen for seven straight months. 

READ: Americans Receive Largest Pay Cut in 40 Years

Dems Waged War on Work. Although there are nearly two job openings for every job seeker, Main Street continues to struggle to hire workers, and have lost jobs for three out of four months. 

  • A majority of small businesses fear Biden-Flation will close down their business. 
  • A report from the St. Louis Fed found that had states across the country ended Democrats’ lavish unemployment bonuses early, employment would have increased by 1.6 million jobs. 

READ: Study: Biden’s Unemployment Bonus Held Back Economic Recovery

Americans Anticipate More Pain at the Pump. With gas prices across the country more than doubling since President Biden took office, experts predict gas prices will surpass $6 per gallon by August while others predict an increased risk of rolling blackouts.

  • Skyrocketing gas prices will now cost the average American household an extra $2,800 per year. 
  • Just this year, American families will spend $5,000 on gas, a 78 percent increase from a year ago, with nearly two thirds saying that rising gas prices have prompted them to cut household expenses.

READ: ​​Gas Prices Reach Record High During Americans’ Memorial Day Weekend Travel

Families Face Sky High Prices and Grocery Shelf Shortages. As the Biden Administration failed to fix the nationwide baby formula shortage and have worsened the supply chain crisis, American families have struggled to keep food on the table.

READ: Accelerating Inflation Hits Americans: “I’m More Concerned With Feeding My Family”

Economists Warn of Rising Recession Risks. There is growing consensus among experts that the U.S. is headed toward recession, while 85 percent of Americans believe the U.S. will be in a recession in the next year.

  • In the first quarter of 2022, the economy shrunk, after falling short of projections four out of the last five quarters.
  • President Biden’s economic policies have been so disastrous and inflationary, that since March of 2022, nearly 40 economists have raised concerns about a looming recession. 

READ: POLL: Four in Five Americans Say U.S. is Headed Toward Recession

Bottom Line: President Biden has no plan to address inflation and Democrats’ so-called “solutions” would only make matters worse:

READ: Fact Check: Americans Need Solutions to Inflation, Not Higher Taxes