SUCCESS: Argentina’s ‘Chainsaw President’ Show Up Bidenomics As A Grossly Incompetent Failure
Not only is Joe bringing the wrong solutions, he's not even asking the right questions
President Milei ran on a Trump-eqsue platform of making Argentina ‘great again’… and his country’s economy is turning around at a shocking speed.
When KJP was asked how Joe Biden was trailing in important polls against an opponent he had thrown the entire weight of his DOJ against, she was left grasping at straws. She took a page out of the Obama playbook blaming events from the previous administration… and the pandemic.
Doocy: Why do you think Americans are so down on President Biden right now?
KJP: What do you mean? pic.twitter.com/Gbk8lYBQ1b
— Media Research Center (@theMRC) May 14, 2024
Didn’t he run on the claim that he knew far better than Trump how to get the country back on its feet after getting knocked on its back by the government-enforced lockdowns which, in hindsight, had dubious benefit?
Now, he’s claiming that the people are still reeling from lingering effects of the pandemic he was uniquely qualified to rescue America from. That sure sounds like he’s sawing away at the branch Mr ‘Return-to-normalcy’ has chosen to sit on.
After three years in office, he’s still sitting on inflation above 3% and national debt shattering records every year. Just maintaining the interest on that debt is eclipsing what we pay on national security, and Joe’s only real plan is to keep raising taxes.
Joe’s Bidenomics plan has NOT been working.
Contrast that to Argentina, whose firebrand leader was sworn in a few days before last Christmas.
He was elected because the leaders before him were running the country into the ground, and the people were ready for a radical change in direction. He ran on the promise of taking a chainsaw (he held up an actual chainsaw!) to bloated government programs, slash federal spending, and cut regulations.
Milei’s plan now has Argentina on the upswing
Milei has been in office for about six months now.
In sharp contrast to Biden’s failed economic policy ‘Bidenomics’, Milei has ALREADY begun to turn his country’s economy around.
Argentina’s Javier Milei was considered a lunatic and a threat to democracy. The people didn’t care. With inflation soaring through the roof at 300 percent and over 40 percent of the population in poverty, the Argentina electorate saw what leftist economic policy had yielded. They elected Milei, a Trump-like candidate who wielded chainsaws at political rallies, to right the ship. And he’s succeeding in that endeavor. Inflation has dropped to 11 percent, and the country posted its first modest surplus since 2008 […]
[…]
Last week, Milei announced that the country had recorded its first quarterly budget surplus since 2008, a modest 0.2pc of GDP, but still an astonishing achievement in such a short space of time, especially for a country that has run deficits for 113 of the last 123 years.
Then, earlier this week, the central bank, which Milei has not yet gotten around to abolishing as he pledged, cut interest rates for the third time in three weeks. While they are still at an eye-watering 50pc, that will start to feed through into the economy very soon. Investors have started to notice. — TownHall
Meanwhile, here in Biden’s America…
Are the people buying what Joe’s selling?
It sure doesn’t look that way.
Here’s Janet Yellen claiming Joe’s ‘top priority’ is to bring down the cost of living. (This was just last week.)
Biden Treasury Sec. Janet Yellen says it's Biden's "top priority" to "bring down the cost of living."
FACT: Under Biden, the average American family has lost ~$24K paying for the increased cost of living. pic.twitter.com/1vK0Ub2uil
— RNC Research (@RNCResearch) May 13, 2024
This is the very same Biden Administration Treasure Secretary that looked Americans in the eye back in June 2021 and told us that inflation was ‘transitory’. (Narrator: It was NOT ‘transitory’.)
The best Joe can claim is that compared to the 9% inflation we saw in the middle of this term, it has come down to 3%.
Of course, that’s still WELL above the 2% inflation rate the FED wants us to have, which in turn is more than double the 1.4% our inflation was at when Trump handed Joe the keys to the Oval Office.
Even WaPo was forced to acknowledge Biden was full of malarkey on this:
FOUR PINOCCHIOS: Biden’s false claim that inflation was 9 percent when he took office https://t.co/SIS8hSoAOQ
— Trump War Room (@TrumpWarRoom) May 15, 2024
What is the public’s opinion of Bidenomics?
Here’s an interesting piece of objective data the left won’t want you to see, courtesy of Gallup.
BIDENOMICS: pic.twitter.com/A51XLZFfkS
— RNC Research (@RNCResearch) May 14, 2024
Not only is inflation an issue, but the timeline makes it clear that inflation is VERY much a Joe Biden issue. That number jumped above 10% for the first time since the Obama years, and is more than DOUBLE what it was in the 2008 financial crash.
That seems kinda news-y, wouldn’t you say?
Gee, why isn’t this isn’t on the front page of every daily paper and the opening segment of every news show? Oh, right. We’ve got a Democrat in office. Their assignment isn’t to report the news so much as to shield the president from the ramifications of the news.
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