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Bidenomics: Joe Biden Says Latest $700 Billion Green New Deal Spending Spree will “Reduce” Deficit

Joe Biden spoke to reporters on Thursday after the second quarter GDP numbers came in less than expected.

The US economy shrank by 0.9 percent in the second quarter.
The US economy shrank by 1.6 percent in the first quarter of 2022.

The Joe Biden economy is officially in recession.

In response to the news, Joe Biden spoke about the green new deal $700 billion spending plan announced last night.

Senator Joe Manchin surprised Washington DC elites and the mainstream chattering class when he announced his support for the Democrats’ green new deal funded by nearly $700 billion in new tax hikes.

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5 thoughts on “Bidenomics: Joe Biden Says Latest $700 Billion Green New Deal Spending Spree will “Reduce” Deficit”

  1. Concerned Retiree

    Another blatant lie from President idiot that knows nothing about ECONOMICS 101. The only way you lower your deficit is when you stop spending and pay off your deficit.

  2. I keep trying to convince my husband that I should go to Boscov’s and run my credit card up to the max and shop til I drop, and that should lower our debt load. He doesn’t buy it.

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