'Bidenomics' blasted as 'worst branding fail since New Coke'
"Bidenomics," the economic policies of Joe Biden that have brought America inflation as high as 9.1% year-to-year and unemployment that is back on the rise even though many of those many millions of jobs suspended during COVID have returned, is being skewered by Alfredo Ortiz, president and CEO of Job Creators Network and co-host of…
The post 'Bidenomics' blasted as 'worst branding fail since New Coke' appeared first on WND.
(Photo by Joe Kovacs)
"Bidenomics," the economic policies of Joe Biden that have brought America inflation as high as 9.1% year-to-year and unemployment that is back on the rise even though many of those many millions of jobs suspended during COVID have returned, is being skewered by Alfredo Ortiz, president and CEO of Job Creators Network and co-host of the Main Street Matters podcast.
In a column at the Daily Caller News Foundation, he charges it is "the worst branding fail since the New Coke debacle of 1985."
Citing this week's September jobs report, which found unemployment remained unchanged at 3.8%, he said that documents "over Biden’s term, real wages have significantly fallen, worsening living standards and making us poorer."
Biden has overseen inflation of 17.4% since he took office, he noted.
"Mortgage rates are nearing 8%, and small businesses are paying double-digit interest on new loans — if they can get credit at all. These costs, which will only increase in the months ahead as the Federal Reserve is forced to continue hiking rates, erode small business profit margins and household budgets."
The result of Biden's actions mean, he said, "Americans face a cost-of-living crisis and a credit crunch. According to JCN’s most recent national SBIQ poll, half of small business owners say inflation is a top concern, and two-thirds are concerned about accessing credit due to rising rates."
And he cited the Denver Post's recent conclusion that, "Finding a way to pay the monthly bills is forcing small-business owners to consider all options: from cutting back staff and hours of operation, to changing a business’ focus and raising prices, to moving into a smaller space, and even to making the difficult decision of closing up shop."
So it's obvious, he said, why "only 28% of Americans are satisfied with the economy."
"Yet Biden and his wealthy allies continue to tell Americans to believe their Bidenomics spin and not their own eyes," Ortiz wrote.
In fact, Biden recently said, "For the first time in a long time, we’ve climbed out of our great economic crisis. It’s beginning to work for working people."
But even some Democrats are beginning turning against Bidenomics, Ortiz pointed out, quoting Politico's report that, "Several top Biden allies have privately raised concerns about the phrase to the White House."
Ortiz wrote, "Coca-Cola almost destroyed its brand by changing its formula and branding to New Coke to try to capture the Gen X market. Customers hated it. Coke quickly reversed course and reverted to Coca-Cola Classic in only 77 days. If only the public sector reacted that quickly to failure. Americans will have to wait at least another year to vote Bidenomics out on Election Day, setting the stage to return to the shared economic prosperity of 2017 to 2019."
IMPORTANT NOTE TO WND READERS: Believe it or not, today's high priests of climate-change apocalypse are correct in predicting that in just a few short years, the earth will become miserable, wretched and almost uninhabitable by human beings. But the grim future they envision won't come about because of "catastrophic climate change," but rather, because of the implementation of their completely insane and truly catastrophic agenda.
As Greenpeace co-founder Dr. Patrick Moore recently admitted, "If they actually achieve Net Zero, at least 50% of the population would die of hunger and disease." Likewise, writes energy expert and author Alex Epstein: "Today's proposed policies to rapidly eliminate fossil fuel use would, if fully implemented, have truly apocalyptic consequences – making the world an impoverished, dangerous, and miserable place for most people."
Question: When the scientific case for global warming apocalypse consists primarily of a 1-degree Celsius rise in temperature over more than 130 years, what explains the obsession with an imminent, climate-caused end of the world?
Although many groups have been drawn into the Climate Change Cult – from the news media (which has warned of climate catastrophe, either global warming or a "new ice age," for over a century!), to innocent school kids indoctrinated by hysterical leftist teachers, to liberal Democrats who claim "climate change" will destroy the earth in a few years – the REAL villains are the national and global elites who KNOW the apocalyptic global warming religion is just a cruel hoax, but promote and exploit it as a means of accomplishing their ultimate goal: Transforming and ruling the world.
The heart and soul of today's bizarre, pagan climate-change religion, and the global elites' strategies for using it to rule all of mankind, is powerfully exposed and illuminated in the September issue of WND's critically acclaimed monthly Whistleblower magazine, an issue titled "CULT OF THE CLIMATE APOCALYPSE: The elites' breathtaking strategy for ruling the world." WHISTLEBLOWER is available in both the popular print edition and a state-of-the-art digital version, either single issues or discounted annual subscriptions.
For 25 years, WND has boldly brought you the news that really matters. If you appreciate our Christian journalists and their uniquely truthful reporting and analysis, please help us by becoming a WND Insider!
Content created by the WND News Center is available for re-publication without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact licensing@wndnewscenter.org.
SUPPORT TRUTHFUL JOURNALISM. MAKE A DONATION TO THE NONPROFIT WND NEWS CENTER. THANK YOU!
The post 'Bidenomics' blasted as 'worst branding fail since New Coke' appeared first on WND.