What's the deal with Bidenomics?

You may have heard about Bidenomics, but what does it really mean? ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ Friend, You may have heard about Bidenomics, but what does it really mean? More importantly, what does it mean for the taxpayers and for our country? Bidenomics hasn’t increased jobs or decreased unemployment. It's because people were going back to work after a once-in-a-generation pandemic. Bidenomics didn't decrease deficit spending by doing anything, either. The deficit is still a huge problem, and many of Biden's policies have made it worse. What Bidenomics has brought us is – - Rapid inflation due to the printing of money and more federal spending. - Americans taking on a record amount of credit card debt. - Families falling behind on their car and house payments, along with rising interest rates. This administration has not done a good job of looking out for middle-class Americans, and neither has Congress. I am Al Canata, Vice President of Strategic Partnerships at the National Taxpayers Union (NTU). We are the “Voice of America’s Taxpayers.” Our mission is to achieve favorable, pro-taxpayer policy outcomes using the most effective team on Capitol Hill and in the states. My goal is to raise $20,000 before the end of the week to convince Congress to stop pushing Bidenomics on our country as lawmakers come back to Washington from their recess. [Your generous support helps NTU expose the issues with Bidenomics. Please click below to donate $10, $35, $50, or even $100 today.]( [Donate >>]( Bidenomics is just another way to make people poor, and making people poor is not the best way to fight inflation. They are trying to combat inflation by destroying demand. The philosophy there is if people don't have money, they can't go out and buy stuff, which will reduce demand, and prices will fall. If we keep seeing aggressive action from the Fed in the form of raising interest rates, things will only get worse. The Federal Reserve could cause a consumer debt spiral that leads to mass bankruptcies that could lead to a full-scale recession! Even though there is no easy solution, we need better responses out of Washington, D.C. You can help the National Taxpayers Union fight for policies that benefit taxpayers. Please click below to donate any amount today. [Donate $10 >>]( [Donate $35 >>]( [Donate $50 >>]( [Donate $100 >>]( [Donate $250 >>]( [Donate $500 >>]( [Donate $1,000 >>]( [Donate Any Amount >>]( If Bidenomics is going to lower prices, it needs to increase supply. That means – - Cranking out more energy supply, something Biden has been hostile towards. - Rewarding rather than punishing our manufacturing sector and making sure the government doesn’t stand in the way of building and expanding factories. - Producing more agricultural products.Improving our trade policy and opening up foreign markets to make sure our manufacturers can sell things abroad. - Getting federal spending back under control by making sure Congress follows through on the spending restraint in the recently passed Fiscal Responsibility Act. - Fixing our tax policy by reinstating NTU’s Tax Cut and Jobs Act, which had a lot of good provisions that really got our economy cooking like never before. It is critical that our businesses across the board continue to create jobs, raise wages, and succeed in a globally competitive environment. That will lower prices and make us all better off in the process. [Will you support NTU‘s efforts to keep the Biden administration’s hand out of your pockets and boot from your back? Please click below to donate $10, $35, $50, or even $100 today.]( [Donate >>]( Thank you, Al Canata Vice President of Strategic Partnerships National Taxpayers Union NTU is a 501(c)(4) nonprofit, nonpartisan citizen group whose members work every day for lower taxes and smaller government at all levels. ICYMI News 625 First Street #183, Alexandria, VA 22314 [unsubscribe]( | [manage data preferences](