All Aboard The Crazy Train! Biden’s Post COVID Economic “Miracle” Was Just Borrow And Spend (Large Corporations And Few Individuals Benefitted From COVID Spending)

All aboard the Biden/Pelos/Schumer crazy spending train!

Wage and salary income as a percentage of GDP has fallen from over 50% back in 1970 to 43.1% in 2022. And look at the post Covid decline! And the increase in M2 Money.

Meanwhile the US budget balance as a % of GDP has been plunging downwards in recent years.

Despite the slowing economy, pre-tax profits post Covid have SOARED!

Primarily due to reckless/wasteful Federal spending and FEDERAL DEBT that soared.

There you have it! The Biden/Harris economic “miracle” was simply Federal government malspending that benefitted large corporations and few people.

Joe Biden and his woefully corrupt son Hunter of laptop fame.