Commentary
Word out of the White House is that President Joe Biden wants to tout his economic successes. He’s even embracing the slogan “Bidenomics”—which most people think is a term of as a term of derision and policy flops.
On the one hand, the unemployment rate is low and millions of jobs have been created over the past two years. Reality check: Virtually all of these jobs are simply the recovery of jobs that already existed in the Trump years but were lost during the COVID lockdowns—mostly in blue states. In fact, there are still five states where job totals are lower today than before the pandemic hit. That’s some recovery….
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