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The Biden Economic Hangover

By Byron York
Wednesday, February 12 2025

Former President Joe Biden left a terrible legacy: the border catastrophe, chaos and disorder abroad, increased crime, oppressive wokeness. But for today's purposes, consider the damage done by Biden's economic policies. Inflation took away 20% of people's purchasing power in a short period of time. Even when the rate of inflation slowed, it is still, right now, rising faster than economists – or anybody else – are comfortable with. This week, there will be new numbers for inflation in January, and the message again will be that Biden brought inflation on but was…

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"The most likely scenario for next week's election is ... that no one will learn anything. I can say that with some degree of confidence because in the last five election cycles or so, the learning curve has been so flat that if it was a politician's posterior, President Trump wouldn't even notice it. Campaigns, individuals, parties and super PACs are going to have spent northward of $12 billion…[more]

— Chris Stirewalt, The Hill

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