No, Bidenomics isn't working. Higher demand is leading to inflation but there's massive demand leakage due to imports. We don't make much here anymore. People don't feel the boom because domestically it's ephemeral and they know it.
https://twitter.com/TheStalwart/status/1453348976208531463
The current policy framework isn't getting us to make things in the U.S., and that's why people don't see this economy as doing well. It's factories in China getting the extra orders, not your neighbors. msn.com/en-us/money/ma…
This is what Trump and Biden have wrought, and it's because most policymakers simply do not believe making things is important, except in China, where they believe making things is essential.
https://twitter.com/douglasritz/status/1453356057171013637
There's incredible energy in America, lots of people with hustle and grit. But we've encouraged that hustle and grit to go to things like crypto and speculation instead of fundamentally productive activities. And China knows it.
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