The Wheels Came Off Biden/Harrisnomics: Record Low Savings Rate And Record High Consumer Debt

Sharing is Caring!

by confoundedinterest17

The wheels are coming off Bidenomics. Code for corporate welfare and massive government spending. Coupled with misguided and burdensome regulations, we got gut wrenching inflation.

The result? A disastrous stock market showing yesterday.

See also  Spec home inventory spikes, nearing 2008 housing bubble levels—alarming trend. US homelessness hit a record high in 2024.
See also  28% of 2024’s record crypto inflow? MicroStrategy buying BTC. Quite the market mover.

What has Biden/Harris’ economic agenda wrought? Record high personal debt and record low savings rates.


111 views