Joe Biden took to the national stage to try to sell Bidenomics to the American people.
According to Joe, everything is doing wonderful and he has created more jobs in 2 years than any other president did in four.
He makes these claims even though he is massively underwater on the economy.
His claim of creating 12 million jobs has also been debunked as merely COVID jobs coming back.
Now he facing more news that will hurt this bogus narrative he is trying to sell the American people.
Big Price Tag
Everything that Biden has done has cost the American people.
Now that some of Biden’s regulations are finally starting to take effect, there is another bill the American people will have to deal with.
If reports are accurate, the new regulations imposed by this administration are going to cost every American household about $10,000.
This is contrary to the Trump administration, which had dramatically reduced the cost of regulations to the American people.
Casey Mulligan, a professor of economics at the University of Chicago, stated, “The Trump administration’s agencies through four years reduced regulatory costs by almost $11,000 per household in present value.
“On an annual basis, President Trump was on net reducing regulatory costs (more than $300 billion per year of rulemaking) almost as fast as Presidents Obama and Biden were creating them ($600 billion per year of rulemaking).”
That is a $21,000 swing in just six years, which is a brutal check for the American people who are already struggling due to Bidenflation.
The report struck at the same time Biden was doing a national address to sell Bidenomics to the American people to try to help his re-election efforts.
Our bank accounts and wallets tell a far different story than the one that Joe Biden is trying to sell.
Source: Fox News
