bidenomics
According to data released by the Treasury Department, inflation slowed significantly in June while paychecks grew at a faster rate. The news has offered new hope to Americans about the future of the economy. The Consumer Price Index climbed 3% from January to June, less than the 4% increase in the year through May and a third of its 9% peak last summer. Declining gas prices are largely credited for the slow decrease. President Joe Biden recently launched his new economic message he dubbed “Bidenomics,” which focuses on building the economy from “the middle out and bottom up.” The program is a...
uPolitics.com
Bidenomics is a big departure from sound economics. But when reason sleeps, gold fortunes are born. Q1 2021 hedge fund letters, conferences and more A Fundamental Shift In Economic PolicyBiden’s triumph in the presidential election does not just mean that a new man lives in the White House. It actually implies a fundamental shift in economic policy. Some analysts even see Biden’s agenda as a decisive break with neoliberalism or “Washington consensus”. You see, in the old orthodoxy, most economists trusted in markets, argued for privatization, deregulation, and liberalization. Taxes and social ...
ValueWalk
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