Recent criticisms have emerged regarding the economic policies under President Biden, collectively referred to as 'Bidenomics'. Critics argue that these policies have led to significant increases in living costs, particularly in housing. The average mortgage cost has reportedly risen to $2,775 per month, an 11 percent increase. Additionally, new energy standards for homes introduced by the US Department of Housing and Urban Development could add up to $31,000 to the price of new homes. This has sparked concerns among small business owners and the general public about the affordability of housing and the overall impact on their expenses, with some claiming that 'Bidenomics' is killing the American Dream and increasing costs on all Americans.
The US Department of Housing and Urban Development announced costly new energy standards for new homes. According to the @NAHBhome, the standards could add up to $31,000 to the price of a new home. BIDENOMICS = A HOMEBUYER'S WORST NIGHTMARE. https://t.co/nF7pNtLDMh
#Bidenomics is failing America’s small businesses. “Small business owners reveal ‘out of this world’ impact to their bottom lines” https://t.co/sFXk01bV8m
The impact of #Bidenomics on basic costs like energy, travel, and home expenses is staggering. https://t.co/QgcAZYynQF
Small business owners struggle with costs, inflation https://t.co/owQ66PXYsD https://t.co/owQ66PXYsD
.#Bidenflation is increasing costs on ALL Americans. https://t.co/8bY931Aep3
BIDENOMICS: High mortgage rates and high housing costs under Biden are killing the American Dream https://t.co/7oDJ9KI4yU
Inflation is the greatest challenge many small businesses are facing. It is a tax on all Americans. Bidenomics is a failure. https://t.co/GYWNTv6xW9
Mortgage prices have increased a record 11 percent under Biden. The average mortgage is $2,775/month. We need to END #Bidenomics and make the American dream of home ownership attainable again!