KTRH Local Houston and Texas News

KTRH Local Houston and Texas News

KTRH-AM covering local news from Houston and across Texas.

 

After Three Years of Trying, Is Bidenomics Still Isn't Working

Piggy bank with graph going up

Photo: The Image Bank RF

After three years in office, President Biden continues to try and tell us that Bidenomics is working. But most people aren't any better off than they were three years ago. Unless you're in the top 1%, chances are you're in worse shape now than you were at the beginning of 2020.

Dan O'Donnell at The Federalist told KTRH, "The stock market has been doing incredible. The Dow Jones industrial keeps setting record, after record, but that doesn't really help regular everyday Americans now does it?"

O'Donnell also pointed out that while inflation is rising slower, it's still rising, and it's also still above the Fed's goal of 2 percent. Even when inflation comes down, that still doesn't necessarily mean prices drop with it.


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