NOTE: The following article is satire, not a statement of fact. Treat it as such.
President Joe Biden recently decided to speak about his “Bidenomics” policy at a meeting in St. Louis, in which he decided to tell a gathered crowd of mainly out of work, homeless people that his economic strategy of shutting down businesses with excessive regulation was “working” at “improving equality” in America by leading to ESG-focused firms making “smart investments” in drug-addict owned businesses. He said, in part:
Today, the U.S. has had the highest economic growth among the world’s leading economies since the pandemic. We’ve added over 13 million jobs, more jobs in two years than any President has added in a four-year term. And folks, that’s no accident. That’s Bidenomics in action.Bidenomics is about building the economy from the middle out and bottom up – not the top down by making three fundamental changes. First, making smart investments in America. Second, educating and empowering American workers to grow the middle class. And third, promoting competition to lower costs and help small businesses.
He then had his office hand out a pamphlet in which a made up person cheered his supposed advancements in dealing with “inequality,” by which he presumably meant making everyone far, far poorer. His office said:
President Biden and Vice President Harris came into office determined to rebuild our economy from the middle out and the bottom up, not the top down—and that strategy is working. Even as they faced an immediate economic and public health crisis—with a raging pandemic, elevated unemployment, snarled supply chains, and hundreds of thousands of small businesses at risk of shuttering—the President and Vice President understood that it wouldn’t be enough to simply go back to the economy we had before the pandemic. That economy was saddled with longstanding challenges that held America back—including rising inequality and disinvestment from communities across the country. President Biden recognized that some of those challenges were rooted in a failed trickle-down theory that supported slashing taxes for the wealthy and big corporations, shrinking public investment in critical priorities like infrastructure and education, and failing to safeguard market competition.
Making the spectacle all the more painful to watch was that he, during the speech, was mainly speaking to a crowd of homeless people that had been put out of work and then out of their homes by his policies. Particularly, their businesses had to shut down thanks to lawsuits and increased regulation costs thanks to his diversity mandates and climate policies.
Then, after they were laid off as the economy declined, they were unable to pay their mortgage debt and kicked out of their homes by banks that wanted to make more reselling the house at a higher interest rate. When they started yelling and pressed Biden on that point, he told them that “responsible” people pay their bills or have friends in China to do it for them.