Bidenomics has huge chunk of America wondering how to pay bills
Joe Biden travels aboard Marine One from the Hiroshima Heliport landing zone in Hiroshima, Japan, Friday, May 19, 2023, en route to Miyajima Island to visit the Itsukushima Shrine and attend a working dinner with G7 leaders. (Official White House photo by Adam Schultz)
Bidenomics, the sweetened-up name for the Bidenflation that has been plaguing Americans since the last presidential election, has one-third of the nation wondering how they will be paying their bills.
That's according to a report at the Federalist.
And that could be a determinative factor in the 2024 presidential race.
"Despite having committed trillions in new government spending programs, and running massive deficits in the process, government surveys reveal millions of working Americans believe they are worse off than they were in January 2021, when Biden first entered the White House," the report explained.
According to the Census Bureau's recent Household Pulse Survey, the number of those who say they are finding it "somewhat" or "very" difficult to make all their payments is up by six million since Biden took office.
At that time, the number responding in those categories totaled 80.53 million Americas. Now it's 86.92 million.
"That means in Biden’s America, more than 1 in 3 households are struggling to pay their bills," the Federalist report said.
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Most affected are those with incomes from $50,000 to $150,000, mostly considered America's "middle class."
"For example, the number of households earning $50,000 to $75,000 that are having trouble paying their usual household expenses increased from 10.01 million in January 2021 to 13.34 million in July 2023," the report said.
They're turning to credit cards, personal loans and other debt, the Federalist said.
"In July 2023, 85.46 million Americans relied on 'credit cards or loans' to 'meet spending needs in the last 7 days.' In July 2022, the number was just 74.89 million," the report said.
And the fact that Americans are suffering under Biden's agenda is supported by other numbers, too, the report said.
"A LendingClub report published earlier in 2023 suggests 61 percent of Americans say they are living paycheck to paycheck. In cities, the number is even higher, coming in at 69 percent," it said.
And alarmingly, 57% of Americans say they can't afford to cover an emergency expense of $1,000 or more.
"Democrats have spent trillions upon trillions of dollars without offsetting the increase with additional tax revenue, effectively printing huge amounts of money. Those spending increases have created inflation that has yet to be reversed, and probably never will be," the report said.
A large part of the problem is the surging inflation that has hit Americans under Biden's policies. It maxed out at more than 9% last year, and still remains high.
IMPORTANT NOTE TO WND READERS: Today's ruling elites champion policies every previous generation of Americans would have regarded as outright evil. At the top of that list would be the supremely radioactive issue – illuminated by the hit summer film "Sound of Freedom" – of the widespread trafficking and sexual slavery of children, as well as the shocking prevalence of pedophiles in the United States of America. Indeed, the U.S. is the largest market for child sexual abuse in the world.
According to Tim Ballard, who has led many missions rescuing sex-trafficked children around the world, the Biden administration actually ENABLES AND PROMOTES the trafficking and sexual slavery of children with its horrendous border policies, its push for early sexualization of children, championing children's "right to consent" on everything including mutilating transgender surgeries, and so on.
"Pedophiles are sitting back right now," says Ballard, "and going, ‘We've been pushing this agenda for decades, and now we don't have to push any more, because the left is taking care of it for us' – IN AMERICA!"
Ballard's concerns are confirmed by Tara Lee Rodas, a Health and Human Services whistleblower who recently testified before Congress that under Joe Biden, "THE U.S. GOVERNMENT HAS BECOME THE MIDDLEMAN IN A LARGE-SCALE, MULTI-BILLION-DOLLAR CHILD TRAFFICKING OPERATION."
But that's just the beginning. The whole, secret criminal mega-enterprise of child sex trafficking and the global elites' affinity for pedophilia is exposed as never before in the August issue of WND's critically acclaimed monthly Whistleblower magazine, in a groundbreaking issue titled "THE NEW AMERICAN SLAVE TRADE: How the Biden regime enables and promotes child sex trafficking in the U.S.A." WHISTLEBLOWER is available in both the popular print edition and a state-of-the-art digital version, either single issues or discounted annual subscriptions.
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