Why 'Bidenomics' Failed
With unemployment standing at 3.7 percent, down from 6.3 percent when President Biden took office, and labor force participation up 1.5 percent over the same period, it's hard to imagine American labor has been disserved by the President's fiscal policies. Macro-indicators show economic growth is strong and a recession unlikely. A year ago, almost every economist forecasted a recession for 2023, but real GDP stands at 4.9 percent for Q3, and Q4 will be strong as well, although likely lower. For