The Left resorted to one desperate tactic to sell Bidenomics on Americans

Full-blown panic has set in for the Democrats.

Joe Biden looks like the weakest incumbent president ever, both literally and figuratively.

And the Left resorted to one desperate tactic to sell Bidenomics on Americans.

Joe Biden is getting hammered on the economy.

Polls show that Americans trust Donald Trump more on the economy by 20 points.

That hasn’t stopped Democrats and their media allies from chastising everyday citizens for not understanding the brilliance of Biden’s economy.

The experts are at it again

In the Democrats’ latest attempt to get Americans on board with Bidenomics, they promoted a letter signed by 16 Nobel Prize-winning economists stating that Trump’s economic policies would be worse for the country.

Of course, the economists were all left-wingers who, like dutiful Keynesians, believe that good economic policy is endless government spending.

The letter was tinged with “progressive” politics.

For example, the economists wrote, “While each of us has different views on the particulars of various economic policies, we all agree that Joe Biden’s economic agenda is vastly superior to Donald Trump’s. In his first four years as President, Joe Biden signed into law major investments in the U.S. economy, including in infrastructure, domestic manufacturing, and climate. Together, these investments are likely to increase productivity and economic growth while lowering long-term inflationary pressures and facilitating the clean energy transition.”

Anyone promoting “clean energy transition” as a good economic policy should be viewed with skepticism.

Automakers are currently scaling back their electric vehicle production because the market does not exist.

The obsession with “green” energy is not a sound economic policy; it is a top-down initiative without a robust market.

Other than tariffs, the economists did not mention anything specific about Trump’s plan that would harbor such hand-wringing.

Don’t trust your lyin’ eyes, trust the experts

The letter continued, “Many Americans are concerned about inflation, which has come down remarkably fast. There is rightly a worry that Donald Trump will reignite this inflation with his fiscally irresponsible budgets.”

First, the rate of inflation has come down, but prices have not.

Inflation is still above the target rate of 2%, and the price increases are already baked in.

Biden’s strategy for combating inflation has been to spend even more money, which will only contribute to more inflation down the road, and bring in a flood of illegal aliens to stunt wage increases.

It should also be noted that target rates of inflation in and of themselves are ridiculous, but this is the debt-based system that has been handed down since the creation of the Federal Reserve.

It’s also interesting that the economists dinged Trump for “fiscally irresponsible budgets,” but what they meant is anyone’s guess.

Are the budgets irresponsible because they’re too big—which has never been a problem for Keynesians — too little, or too big in areas Democrats do not like.

One notable omission from the letter was Nobel Prize-winning economist Paul Krugman, who writes a column for The New York Times.

Krugman has been wrong so many times for so long that his inclusion on the list likely would’ve exposed it for the partisan hackery that it was.

*Pants on Fire News Official Polling*

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