Bidenomics Archives - The Virginia Star

Commentary: Democrats’ Economic Elitism

October 16, 2024 Virginia Star Staff

Democrats’ display their elitism by using macroeconomic numbers to ignore America’s microeconomic concerns. By promoting the macro-economy, Democrats produced the numbers they now campaign on. However, their macro numbers have come with high inflation that has wreaked havoc on the micro-economies in which most Americans live.

Democrats’ embrace of the macro economy is unmistakable. Paul Krugman’s recent column (10/8) trumpeted that the “macro” numbers “vindicate Bidenomics.” During CBS’s Sunday (10/6) 60 Minutes interview, Kamala Harris immediately ducked into the macro economy when asked about inflation’s impact on Americans.

Former RNC Political Director Creates Tool for Voters to See Cost of Living Changes Over the Years

October 6, 2024October 6, 2024 Just the News

Former political director of the National Republican Convention Gentry Collins discussed the creation of a new tool for undecided voters to use when determining who to vote for in the upcoming 2024 election.

New American Greatness Poll: Battlegrounds Are a Dead Heat

August 7, 2024 Virginia Star Staff

Kamala Harris and Donald Trump in front of The White House (composite image)

Brand new polling across the battleground states shows that Biden’s exit has tightened the presidential race, with Kamala Harris at a narrow 47-46 percent advantage in a head-to-head matchup, with 7 percent undecided. Harris is also +1 percent in a multi-candidate ballot test across the battlegrounds.

The American Greatness poll was conducted by North Star Opinion Research and interviewed 1400 likely voters, 200 per state in Arizona, Nevada, Wisconsin, Michigan, Pennsylvania, Georgia, and North Carolina.

New American Greatness Poll Shows Trump Winning Pennsylvania

July 26, 2024 Virginia Star Staff

Brand new battleground polling reveals Trump leading a tight race in the battleground state of Pennsylvania over Kamala Harris. In the survey of 600 likely voters, using a sample that reported as +2 percent for Biden in 2020, Trump is now +2 percent for a 47-45 percent lead.

The survey was conducted both before and after the Biden withdrawal announcement, with one-quarter of the weighted respondent interviews occurring before Biden dropped out.

Commentary: Corporate Media Desperately Wants People to Ignore This Alarming Factoid in Newest Jobs Report

June 8, 2024 Virginia Star Staff

Ignore the May jobs report‘s topline establishment survey number and the media’s celebratory reporting. It’s not to be trusted.

A new analysis by the Daily Caller News Foundation shows that payrolls were overstated by 1.3 million last year after accounting for the constant downward revisions. A new Bloomberg Economics report finds monthly job gains were overstated by 730,000 last year. Bloomberg says a surge of business closures is to blame.

Commentary: Trump Is Setting Up for a Southern Sweep

May 12, 2024 Admin

New battleground state polling shows Georgia firmly back in the camp of former President Donald Trump with a commanding double-digit lead (49 percent to 39 percent) in a head-to-head race vs. Joe Biden.

Ukrainian Aid Costs Each American Household Almost $1,500, Economists Say

April 24, 2024 Virginia Star Staff

Ukraine President Volodymyr Zelenskyy with United States President Joe Biden

Even as Americans grow increasingly pessimistic and agitated about their personal finances, Congress is about to ask struggling families to cover the cost of more funding for Ukraine.

The $95 billion foreign aid package adopted Saturday by the House and facing near-certain passage in the Senate includes an additional $61 billion for Ukraine. Once added to the money already appropriated for Ukraine since 2022, the United States will have spent approximately $173 billion.

Commentary: Under The Hood, the Jobs Report Is Not Strong

April 6, 2024 Virginia Star Staff

Looking under the hood of today’s jobs report shows it isn’t the home run that Democrats and the media claim.

Approximately half of the 303,000 jobs created last month came in the unproductive government or quasi-government healthcare sectors. These are not the types of jobs that drive growth and improve Americans’ living standards.

Commentary: President Joe Biden Has Put America in a Mess

March 1, 2024 Virginia Star Staff

The State of the Union speech is on March 7, and with it comes a chance for Republicans to start setting the 2024 presidential campaign agenda. What should the Republican who replies to Biden’s speech say?

Probably the central point to keep in mind is that Biden may not be the candidate by the time the election rolls around, which means criticism of the last four years should be aimed at the Democrat Party itself at least as much as at Biden.

Commentary: Biden Gaslights America on the Economy

February 16, 2024 Virginia Star Staff

Joe Biden is gaslighting America on the economy. His administration is trying to oversell what has underperformed for several reasons: First, the economy is the one issue that affects most Americans most significantly. Second, Biden is doing worse on virtually every other issue. Finally, time is short: the economy is about to get worse, and the election is close. The administration’s strategy is to get Americans to believe what they hear and doubt what they see.

Commentary: Bidenomics Is The Grinch Who Stole Christmas

December 9, 2023 Virginia Star Staff

The labor market continues to soften, with 199,000 jobs created last month, well below the recent average. Real job creation is far lower than this topline number suggests. Nearly 50,000 jobs were unproductive government jobs, continuing the trend of disproportionately high government job growth. The return of striking auto workers accounted for about 30,000 jobs. And 77,000 jobs were created in healthcare, which is a quasi-government industry. That leaves only about 40,000 jobs created in the real economy.

Real wages continue to stagnate, growing at the same rate as core inflation following significant declines in the first two years of Biden’s presidency. As usual, job creation in previous months was revised down in today’s report. Nearly one million more Americans are unemployed since April.

Faith in the American Dream Plummets Under Biden: Poll

November 26, 2023November 25, 2023 Virginia Star Staff

A majority of U.S. voters feel that the “American dream” cannot be achieved, according to a poll conducted by the Wall Street Journal and NORC.

Approximately 36% of voters said that the American Dream – as defined by the notion that if an individual works hard, they will get ahead – was attainable, down from 68% who said the same last year, according to the WSJ/NORC poll released on Friday. Roughly two-thirds of voters feel the economy is in poor condition as inflation continues to outpace wages and prices continue to rise.

Commentary: Five More Stupid Things the Left Demands You Believe

November 24, 2023 Virginia Star Staff

It wasn’t the last column in this space — that one took a detour because somebody had to address the manifest awfulness of Nikki Haley — but the one before that introduced you, dear reader, to what might become an ongoing series.

Because the Left in America is now built on the failed proposition that magical thinking, the imagination of a human race that acts nothing like the current one does, can reflect reality if only enough time, money, and effort (and blood, because it always comes down to blood) are poured into the mix.

Commentary: As Biden Turns 82, Reality Sets in as 2024 Approaches Rapidly with Trump Still Leading Polls

November 21, 2023 Virginia Star Staff

Another week, and amid more calls for President Joe Biden, who just turned 82, to step aside, former President Donald Trump is extending his lead in national polls over Biden for the 2024 election, with 46.6 percent for Trump to 45 percent for Biden in the latest average of polls taken by RealClearPolitics.com.

Commentary: Bidenomics Takes Its Toll on Biden 2024

October 25, 2023 Virginia Star Staff

Drops in inflation-adjusted compensation and wages preceded the losses of Harry Truman in 1952, who opted not to run, Gerald Ford in 1976, Jimmy Carter in 1980, George H.W. Bush in 1992 and Donald Trump in 2020, according to Bureau of Labor Statistics and Bureau of Economic Analysis data.

They also preceded the historic wipeouts of Republicans in 2008 by Barack Obama and Senate Democrats in the 1958 midterms, and the Republican House wins of the 2010 and 2022 midterms.

Another Poll Shows Trump Beating Biden in Key Battleground States

October 20, 2023October 19, 2023 M.D. Kittle

It’s the economy, stupid.

Bill Clinton political strategist James Carville’s famous quip in the 1992 presidential election is truer than ever for 2024.

Commentary: If the Elections Were Held Today, Trump Would Defeat Biden – and Democrats Can’t Stand It

October 17, 2023October 16, 2023 Virginia Star Staff

Few outside some bitter Republican circles are still arguing that Donald Trump can’t win the 2024 election. What was conventional wisdom a few months ago has fallen to pieces. Trump has already won the primary, not that Republicans have any reason to regret it: he is outperforming Joe Biden in the polls, despite being indicted four times, a remarkable feat that only Trump could pull off. Notably, Trump ran far behind Biden in 2020, when Trump barely “lost,” something that enraged many liberals at the time.

Commentary: Our Establishment’s Alternate Realities

October 6, 2023 Virginia Star Staff

One common denominator that explains why previously successful societies implode is their descent into fantasies. A collective denial prevents even discussion of existential threats and their solutions.

Something like that is happening in the United States. Eight million illegal immigrants have entered the United States by the deliberate erasure of the southern border.

Commentary: Bidenomics Is Hurting Families

September 17, 2023 Virginia Star Staff

It is no mystery that the core demographics for the Democratic Party include single women, blacks and Hispanics. In 2020, Biden won unmarried women 63 percent to 36 percent over former President Donald Trump, blacks 87 percent to 12 percent and Latinos 65 percent to 32 percent, according to the CNN exit poll.

Alarm Grows as Jobs, GDP Data Revised Downward

September 5, 2023September 4, 2023 Just the News

President Job Biden’s story about the success of Bidenomics just keeps shrinking.

The Labor Department has consistently overestimated payroll growth predictions under the 46th president and has been forced to revise the data downward to reflect slower economic growth throughout 2023.

Commentary: New Jobs Report Proves That Bidenomics Is Failing American Workers

September 2, 2023September 1, 2023 Virginia Star Staff

There’s no question about it now: The labor market is weakening. Friday’s jobs report showed 187,000 new jobs were created in August, well below the 12-month average, and the unemployment rate jumped. August marks the third consecutive month with fewer than 200,000 jobs created. June and July job creation was massively revised down by 110,000 in what’s becoming a common trend. And real wages grew slower than core inflation, continuing the nation’s decline in living standards.

Commentary: Bidenomics Is Pouring Cold Water on the Labor Market

August 5, 2023 Virginia Star Staff

Friday’s jobs numbers show the labor market is softening due to Bidenomics and Bidenflation. Only 187,000 jobs were created last month. That’s below expectations, 40% less than the 12-month average, and the lowest level since the pandemic. Previous months’ employment growth was also revised down significantly, taking the sheen off recent jobs reports.

Average wages grew slower than core inflation, meaning Americans’ real wages and living standards remain stagnant. Friday’s numbers come on the heels of this week’s JOLTS report showing the fewest number of job openings and the fewest number of Americans quitting their jobs since the pandemic.

Commentary: Bidenomics Is Behind Jerome Powell’s Woke Turn

July 22, 2023 Virginia Star Staff

In February 2021, Federal Reserve Chairman Jerome Powell told Congress, “We are not climate policymakers here who can decide the way climate change will be addressed by the United States. We’re a regulatory agency that regulates a part of the economy.” When Powell said that, less than a month into the Biden administration, inflation was 1.6%.

Just eight months later, in remarks on November 22, 2021, President Biden said Powell – then up for renomination and facing stiff opposition from congressional progressives – “made clear to me: A top priority will be to accelerate the Fed’s effort to address and mitigate the risks – the risk that climate change poses to our financial system and our economy.” At that time inflation was 6.8%, on its way up to a 40-year high of 9.1%.

Commentary: ‘Bidenomics’ Are Leaving Americans Behind

June 29, 2023 Virginia Star Staff

“When you think about wages going up, when you think about inflation at its lowest by more than 50 percent than it was a year ago, that’s because of the work that this President has done. And he’s going to continue to focus on what we can do to lower cost for the American people. And so, that is incredibly important.”

That was White House Press Secretary Karine Jean-Pierre on June 26, outlining President Joe Biden’s views on the current state of the U.S. economy, which have seen a diminution of the purchasing power of American households as high inflation set in following the more than $6 trillion that was printed, borrowed and spent into existence for Covid coupled with the economic lockdowns and production halts—literally too much money chasing too few goods.