Biden’s cruel economy

Economist Milton Friedman defined inflation as “too much money chasing after too few goods.” He could have just as easily described President Joe Biden’s economic agenda.  

For almost four years, Biden’s policies have flooded the marketplace with federal stimulus while squeezing the supply of goods and services through higher taxes and regulations. The result has been a cost-of-living crisis and an economy in decline.

The system of free enterprise and fiscal responsibility, along with the spirit of hard work and self-reliance that built the largest, most dynamic economy in the world, has been replaced by Bidenomics’ endless bureaucracy, unbridled spending, and government dependency.

Biden’s signature legislation, the spuriously named “Inflation Reduction Act,” imposed tax hikes on job creators, expanded Obamacare subsidies for the wealthy, and handed out hundreds of billions of dollars in wasteful tax breaks to green energy corporations.