President Biden's recent campaign trail focus on "Bidenomics" has sparked debate and concern among voters. During a speech in Chicago, Biden criticized "trickle-down economics" and touted his administration's approach, which he argues benefits all Americans. However, a panel of voters interviewed on "Fox & Friends First" voiced skepticism and anxiety about the current economic climate.
Lydia Dominguez, an Air Force veteran, expressed strong disapproval of Biden's economic policies, stating that they create hardship and desperation. She shared that many in her community are struggling and resorting to multiple jobs to make ends meet.
Perry Zhao, a University of Chicago student, highlighted the impact of rising prices on his daily life. He mentioned that basic necessities like gas and food are consuming a significant portion of his budget, making it challenging to manage living expenses.
Carmelia Bello, a bodega owner in Brooklyn, New York, expressed skepticism about the support offered to small businesses under the current administration. She shared her personal struggles, including a temporary closure due to inability to afford bills, and questioned the effectiveness of government assistance.
Economists have also weighed in, attributing the current economic challenges to factors such as high inflation, declining labor productivity, and excessive government spending. EJ Antoni, a research fellow at the Heritage Foundation, characterized "Bidenomics" as a failure, citing various negative economic indicators.
Polling data reflects widespread concern about the economy, with a majority of respondents expressing a negative view of the current economic conditions. Biden's approval rating on economic matters remains low, adding to the challenges he faces in the upcoming election.
