bidenomics pennsylvania

Bidenomics Doesn’t Add Up for Pennsylvania or America

Originally published at RealClearPennsylvania

President Joe Biden is returning to his birth state to pitch his newly branded economic vision: Bidenomics.

Though Biden seems eager to paint a rosy economic picture, the numbers show that Bidenomics is, at best, a mixed bag. Yes, the national unemployment rate is below 4%, where it has remained for more than a year. “The last time our nation had such a long stretch of low unemployment was in the 1960s,” Biden boasted.

But the official unemployment rate tells only part of the story. It doesn’t count those who have dropped out of the labor force and aren’t seeking work.

Read more at RealClearPennsylvania