Joe Biden’s economic plan would spell ruin for American jobs and significantly cut household incomes.
LANSING, Mich., October 28, 2020 – After overseeing the slowest economic recovery since the Great Depression, Joe Biden once again wants to saddle America with failed economic policies that would cripple our nation’s recovery.
Joe Biden’s economic plan would spell ruin for American jobs and significantly cut household incomes. According to The Wall Street Journal, Joe Biden’s economic plan “will have a damaging impact on growth, job creation, and household income” and that, if fully implemented, “there would be 4.9 million fewer working Americans, $2.6 trillion less in GDP, and $6,500 less in median household income.”.
“Joe Biden’s record on the economy over his 47 years in government has been abysmal. From leading the slowest economic recovery since the Great Depression to his support of the disastrous NAFTA trade deal, the verdict is out, Bidenomics is bad for America.” said Michigan Republican Party Chairman Laura Cox. Cox continued, “President Trump has led one of the greatest economic expansions in our nation’s history. With record-low unemployment and increased household incomes, it would be a mistake to go back to the failed policies of Joe Biden.”