31 July 2023
Despite Democrats touting economic success under Biden, around 60% Americans are dissatisfied with his economic handling, and 70% report financial stress due to inflation. The claimed “manufacturing boom” is based on a surge in government-subsidized green tech factories. Critics argue this short-term boost, fueled by the “Inflation Reduction Act,” merely inflates economic figures while draining American wealth. Meanwhile, U.S. manufacturing has significantly declined, with the ISM Purchasing Managers Index hitting a low not seen since the 2008 crash, and factory output falling for four consecutive months.