Clarksville Times

U.S. Rep. Mark Green (R-TN) took to Twitter recently to criticize the administration's economic performance, also known as "Bidenomics". He shared an article highlighting that many American families are struggling to make ends meet, living paycheck to paycheck.

"Inflation is the No. 1 killer of wages in our country. Yet inflationary spending is the modus operandi of Bidenomics," Green said on Monday, July 17.

At least two-thirds of Americans do not feel financially secure, causing them to skip out on unnecessary purchases. Wealth inequality in America has reached one of its highest points since it was first calculated by the Federal Reserve in 1989, according to The Hill.

"Real wages are down 3% since Biden took office," U.S. Rep. Ken Buck (R-CO) said in a Tweet. "Prices are up 16.6%. Average price of gas: $3.58 per gallon. Americans are taking home less money while being saddled with an increased cost of living. That's Bidenomics."

During a recent speech in South Carolina, President Biden discussed the achievements of his economic policy, Bidenomics, highlighting the improved state of the American economy compared to a year ago.

He emphasized positive indicators, such as job creation and reduced inflation, while attributing the shortcomings to the previous administrations' trickle-down economics. However, a recent poll indicates that only 34% of Americans approve of Bidenomics, with Biden's overall rating standing at 41%, according to the Associated Press.

Despite slim support for his economic policies, Biden remains optimistic.

"Our plan is working," Biden said in a press release. "And one of the things I’m proudest of is that it’s working everywhere, not just on the coasts and big cities, like previous recoveries. This time, investment is working, and factories are being built and jobs are being created — happening in rural America, the heartland, all across America — in communities that have been left out and hollowed out."