Democrats Turn On The President As 'Bidenomics' Becomes Toxic

The Democratic Party is fed up with President Biden's messaging push around his economic policies as his so-called 'Bidenomics' has fallen on deaf ears with the American public and has failed to catch the attention of voters who will be critical to the elderly Democrat's victory in the 2024 presidential race against an increasingly robust Donald Trump.

According to a new report from Axios, the Democratic Congressional Campaign Committee or DCCC, as well as the Democrat-aligned House Majority PAC, have both stopped using the 'Bidenomics' messaging in fundraising material that is critical to funding Democrat congressional campaigns across the country. Democrat strategists are reportedly staying away from the word because it is seen as tone-deaf to the financial struggles of many Americans and it is too complex to explain easily and quickly to voters.

President Biden has also been using the term less in speeches in a likely attempt to distance himself from the failing strategy that has become more of a burden than an asset given its use by Biden's political opponents to malign 'Bidenomics' as corresponding with inflation and other negative economic indicators. In response to the growing disillusionment with the phrase, however, Biden campaign communications director Michael Tyler told Axios, "This week GDP growth was revised upward to 5.2% in the last quarter, and this story's economic focus is on how many times the House Dems have uttered a single particular word."

While the Biden White House is attempting to spin economic numbers to their favor, the American people are feeling the heat as rising prices combined with growing unaffordability of housing and vehicles have hit home. As previously reported by the DC Enquirer, families across the country are forced to spend thousands more each year, an average of $11,434 annually, to afford the basic necessities.

Since January 2021, inflation has led to a 17 percent increase in prices, while hourly pay has only increased 13.6 percent. The majority of the spending increases for the American family have come from food, transportation, housing, and energy as low and middle-class Americans continue to live paycheck to paycheck, which is most starkly demonstrated by the fact that credit card debt is at its highest rate ever at over $930 billion.

According to an analysis from the U.S. Senate Joint Economic Committee, the highest additional expenditures on necessities to maintain the same standard of living as 2021 are in Colorado, where a family must spend $14,995 annually to keep up. Arkansas has the lowest extra expenditures, where families only pay $8,528 to maintain the same standard of living as when President Biden took office. Other major states vary within that range, including Texas ($11,170), California ($13,282), New York ($11,103), and Florida ($12,939).

As Bidenomics continues to hamper the American economy, the Democrats' decision to abandon the term seems wise for their political hopes. But their abandonment of the catchphrase doesn't erase the long-term economic damage imposed on American families by Biden's failing policies.

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