Bidenomics about climate and redistribution says ex-IMF economist | Eastern North Carolina Now

The economic policies of the Biden regime, often called "Bidenomics" are about two things, climate policies and redistribution of wealth, according to the former Chief Economist of the International Monetary Fund (IMF).  Former IMF Chief Economist Ken Rogoff is now a Professor of Economics at Harvard University.  Rogoff also said that Biden's policies did nothing to reduce inflation and that what progress had been made on that front came from actions by the Federal Reserve Bank. Amazingly, he made those comments on CNN.

https://www.breitbart.com/clips/2023/07/25/harvard-ex-imf-economist-rogoff-bidenomics-is-really-about-climate-redistribution-its-not-what-reduced-inflation/

Even Obama's former Economic Advisor Jason Furman, in an interview with Bloomberg, declared that Biden's so-called "Inflation Reduction Act" actually sabotaged efforts to fight influation and crowded out economic investment.

https://www.breitbart.com/clips/2023/07/28/fmr-obama-econ-adviser-inflation-reduction-act-is-fighting-efforts-to-combat-inflation-crowding-out-investment/

The Biden regime is also misrepresenting data to try to paper over his flailing economy.

https://www.zerohedge.com/political/bidenomics-fraud-based-deliberately-misrepresented-stats


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Comments

( July 27th, 2023 @ 9:17 pm )
 
It was Biden's weakness that caused Putin to go ahead with his invasion of Ukraine, first shown by the disastrous Afghanistan withdrawal, then by Biden making comments that made it appear he was okay with Putin invading, like saying "Putin's got to do something". Trump, on the other hand supplied Ukraine with real weapons in contrast to Obama only sending non-lethal equipment.

It is also worth mentioning that when Russia first invaded, the Biden regime offered to evacuate Zelensky from the country, and Zelensky shamed them by replying, "I don't need a ride, I need ammunition". Until Zelensky stood up to fight, Biden seemed okay with Russia taking over Ukraine.

As to how Americans see Trump and Biden, on weakness and strength, the major British news magazine, "The Economist" just did a poll on that. 54% of Americans see Trump as a strong leader while 60% of Americans see Biden as a weak leader.
www.breitbart.com
Big Bob said:
( July 27th, 2023 @ 5:06 pm )
 
You are right. We would not have a war in Ukraine because Russia would already occupy Ukraine. How long before they march into Poland? Trump is too weak and too stupid to stand up to Putin and honestly the implications are terrifying.
If Russia attacks a NATO country, it's nuke city.
( July 27th, 2023 @ 10:22 am )
 
If Trump were still president, we would not have a war in Ukraine. A series of blunders by Biden showing his weakness encouraged Putin to invade. The fake "environmental crisis" is a made up load of hooey and Biden throwing away money hand over fist on that is a huge threat to our economy.
Big Bob said:
( July 27th, 2023 @ 9:35 am )
 
By most measures, the economy is strong. Stock market up, unemployment low, inflation coming down. Considering the war in Ukraine and the environmental crisis we are facing, things could be a lot worse.
( July 27th, 2023 @ 8:39 am )
 
Gee, Little Bobbie must not have been near a gas station or a grocery store since Biden has been president, or he had his eyes closed or his brain turned off.
Big Bob said:
( July 26th, 2023 @ 9:42 pm )
 
Economy is pretty good. But at least that is a real issue to be discussed
( July 26th, 2023 @ 4:30 pm )
 
No wonder the economy is adrift and inflation is raging. And wait until their green new deal climate policies take hold and everyone sees their electric bills skyrocket.

Of course, "redistribution" is just another term for socialism, if not communism.



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