Connect with us

Hi, what are you looking for?


Guess What It Grows the Economy – Here are Major Reasons for the Success of ‘Bidenomics’

Biden's 'Bidenomics' is helping the U.S economy to grow and here's why (Photo: NPR)

The Republicans are blaming Biden for inflation but numbers don’t lie on economic data; the U.S. economy is surging.

Guess what it grows the economy – major economic area: jobs (Photo: Pexels)

Guess what it grows the economy, here are the five major key economic areas that show the success of ‘Bidenomics’.


In a recently published article from MSNBC, in June, the jobless rate dropped to 3.6%. It has now been below 4% for 17 consecutive months. According to the Bureau of Labor Statistics, that hasn’t occurred in more than 50 years. Through May of this year, employers added 314,000 jobs on average every month. additionally, 200,000 extra last month. That entails about 2 million new employment added to the economy only this year, guess what it grows the economy.

2.  Manufacturing

Heavy industries are feeling the effects of such job gains. Recall that the last president ran on a platform of bringing back manufacturing; yet, it is Joe Biden who, to borrow a term, is helping America “build back better.”, guess what it grows the economy. Since George W. Bush was in office, manufacturing employment in the United States is at a record high.

3. Growth

New growth statistics that demonstrate the U.S. over the second quarter of this year, GDP rose at a 2.4% annual rate. much higher than the 2.0% that economists had anticipated, guess what it grows the economy. The American economy is expanding. Remember that we have been receiving frequent recession forecasts for the past two years. not just on Fox, but across the board in terms of politics.

READ ALSO: Hurricane Dora, High-Pressure Winds, And Raging Hawaiian Brush Fires Resulted In At Least 6 Fatalities

Guess what it grows the economy, here are two of the other key areas that you would like to consider.

1. Inflation

According to a published report from Ground News, data from the government released last month showed that inflation decreased to 3% in June. The Fed’s desired rate is 2%, and that figure represents the lowest level since March 2021. Because of Bidenomics, guess what it grows the economy. Republicans probably don’t want you to do that because they’ve been trying to blame Joe Biden alone for inflation for the past two years.

2. Workers’ Salary

Advertisement. Scroll to continue reading.

What else is now beating inflation, do you know? Pay for employees. They are rising more quickly than the cost of goods; since last year, they have increased by more than 4%, above the 3% inflation rate, guess what it grows the economy. Not only are Americans earning more money, but they are also conserving more of it. According to a poll of 9 million Americans, people now have 10% to 15% more in their bank accounts than they had in 2019.

READ ALSO: Dangerously Hot Excessive Heat Reaches 112-116 Degrees In South Florida

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like


A convicted felon in California was arrested after he tortured and hostage two women and staged it as burglary. Convicted Felon Tortured and Kidnapped...


The application for the program, Rise Up Cambridge, in Massachusetts will begin on June 1 and will end on July 31 and qualified residents...


Police authorities arrested a man in Oklahoma after he was accused of raping and killing his 18-year-old graduate who was about to graduate from...

Us News

News from Springfield, Illinois is that a bill that would require public restrooms in Illinois to be available to both genders is coming under...