Concerns are mounting over the economic policies dubbed 'Bidenomics' as critics claim they are detrimental to the American Dream, with some declaring 'The old American dream died'. A realtor has stated that in 2024, U.S. residents need to earn at least $120,000 annually to afford a home, indicating a stark rise in housing unaffordability, and wishing them 'Good Luck'. This sentiment is echoed by various sources, including a former Biden aide, who criticized the administration's economic message. Amidst President Biden touting his economic policies in Pennsylvania and dismissing concerns with what some call 'fake data', reports highlight thousands of job cuts across multiple sectors. Additionally, data shows that the median American household would have to allocate a record high of 45.3% of their income to afford the median-priced home.
Everyone except Joe Biden seems to understand #Bidenomics is a failure. “Former Biden aide shreds 'Bidenomics' message, tells campaign to 'let it go'” https://t.co/zoTUGGUULd
US housing affordability is worse today than the peak of the last housing bubble. The median American household would need to spend 45.3% of their income to afford the median priced home, a record high. https://t.co/DP7qsXhKtJ
Prices keep going up, your income is worth less, and President Biden just wants to keep spending. He can trot out all the fake data he wants, it won’t change the reality Americans are experiencing with their wallets. Bidenomics doesn’t work. @DFR_Economics https://t.co/qEr0ulEVD4
#Bidenomics continues to fail Americans. “President touts 'Bidenomics' in Pennsylvania the same week thousands of jobs slashed across multiple sectors” https://t.co/yM2xduIye2
“End of the American Dream” Bidenomics @ Work—U.S. Residents Must Make $120,000 Annually to Afford a Home —Good Luck https://t.co/133NfIaLMn https://t.co/QFM7oH9b4B
US residents must make $120K a year to afford a home in 2024, realtor claims: ‘The old American dream died’ https://t.co/LyS4RXZNkX https://t.co/ZHhhmusX7q
#Bidenomics is killing the American Dream… https://t.co/pGYmd8usV3