OPINION:
The Biden administration has coined the word “Bidenomics” to show what it says is the improvement in the national economy.
While it is true that inflation is not as bad as it was a year or two ago, it is not because of President Biden’s actions. To the contrary, it is despite his efforts. And prices keep rising, although more slowly than before.
The reduction of inflation in America can be directly attributed to the Republicans’ gaining control of the House of Representatives. They now have the nation’s purse strings and are working against Mr. Biden’s tax-and-spend policies, which have been financed by the printing of billions of dollars. All that printing of money was the key reason for inflation, and it’s been reduced significantly.
Additional improvement will come if the Republicans gain control of the Senate next year. Even more improvement will come after a Republican president is elected and follows former President Donald Trump’s economic policies. And it does not have to be Mr. Trump himself; Ron DeSantis, Nikki Haley, Tim Scott and others follow the Reagan-Trump economic strategy.
Most people do not realize that when it comes to solid economic growth, the statistics shown in the media come from states where there is Republican control of the legislature and a Republican governor. Florida is a great example.
CHARLES WINFIELD
Princeton, New Jersey
Please read our comment policy before commenting.