Bidenomics

I'm sort of reminded of “Bidenomics.” That's the new word used to describe the statements of the Vice President of the United States on economics. He told a group yesterday, the AARP, that we have to spend more money. The Federal Government has to spend more money, the Vice President said, or else we're going to go bankrupt.

Bidenomics takes on two of the biggest long-term threats facing America: the rise of an increasingly autocratic China, and the looming dangers of climate change.

President Biden […] quickly took credit for the latest data showing a June slowdown in price increases. “Good jobs and lower costs: That’s Bidenomics in action,” Mr. Biden said in a statement on Wednesday.