Florida Gov. Ron DeSantis | Ron DeSantis/Facebook
Florida Gov. Ron DeSantis | Ron DeSantis/Facebook
Florida Gov. and presidential candidate Ron DeSantis used Twitter on July 10 to express his worries about the present state of the economy under President Biden, also called "Bidenomics". He then made a commitment to address and rectify the economic challenges once elected.
"Bidenomics means you pay more at the grocery store," DeSantis wrote. " As president, I will rip up Joe Biden’s failed liberal economic agenda. We cannot settle for a declining standard of living."
DeSantis made a commitment to address and rectify the economic challenges once elected. However, President Biden maintains that 'Bidenomics' is delivering positive outcomes for the American people, the Associated Press reported.
"Bidenomics started with the Dem response to COVID and it continues to this day," said Twitter user Troy. "It's socialism, with a heavy dose of inflation and interest rates. Worse than Carter. We were much better with Trump."
During a recent speech in South Carolina, President Biden discussed the achievements of his economic policy, Bidenomics, highlighting the improved state of the American economy compared to a year ago. He emphasized positive indicators such as job creation and lowered inflation while attributing the shortcomings to the previous administrations' implementation of trickle-down economics. However, a recent poll indicates that only 34% of Americans approve of Bidenomics, with President Biden's overall rating currently standing at 41%, the Associated Press reported.
"Our plan is working," Biden said in a recent speech in South Carolina, according to a news release. "And one of the things I’m proudest of is that it’s working everywhere, not just on the coasts and big cities, like previous recoveries. This time, investment is working, and factories are being built, and jobs are being created — happening in rural America, the heartland, all across America — in communities that have been left out and hollowed out."
The president continued, "when you build from the middle out and bottom up, everybody does well, and the wealthy still do very well. With that trickle-down economy, not a whole lot dropped on my dad’s kitchen table growing up."