President Joe Biden has made a disaster of the American economy. E.J. Antoni
writes:
If you’re having trouble making it from paycheck to paycheck, you’re hardly alone. A majority of Americans tell pollsters they feel the economy is not in good shape and getting worse.
People are now demonstrably poorer than when President Joe Biden took office. Although wages have risen, prices have risen much faster.
Worse, these are self-inflicted wounds. To find their source, look no further than the man steering the ship: Biden. On his first day in office, Biden grasped the helm and turned it hard to port—that is, a sharp left turn. In doing so, he turned the economy into the wind.
By canceling pipelines, threatening American energy companies with extinction, forestalling drilling leases, and creating a hostile environment for producers, Biden has appeased his far-left supporters—but left the rest of America holding the bag.
[E.J. Antoni, "Biden’s Economy: Steering Us Into Recession," The Daily Signal, July 15]
