Grand Canyon Times

Kari Lake, a contender for the Arizona Senate, voiced dissatisfaction with the economic policy of the Biden Administration, known as Bidenomics. Lake alleges that Bidenomics has led to a rise in grocery and other expenses, contrary to the administration's claims of lowering costs. This critique was made in light of recent increases in grocery and energy prices amid ongoing concerns about inflation.

"Joe Biden insists that he's bringing prices down. It's a total lie. President Trump built an American economy strong enough to endure a global pandemic. Joe squandered ALL OF IT. We call them "kitchen-table issues" for a reason. Bidenomics brings NOTHING to the table.", said Kari Lake.

Interestingly, there are various perspectives on this issue. Recent reports on Bidenomics that were just released before Thanksgiving Day indicate that while prices have decreased, they remain significantly higher than in previous years. Thanksgiving dinner this year was almost 15% more expensive than in 2021 and 25% pricier than in 2019, although it is 4% cheaper than last year. Bidenomics is currently facing a disapproval rating of 59%, according to Yahoo News.

Moving beyond holidays' expenditure, let's delve into broader economic indicators. Data from the U.S. Department of Labor reveals that the unemployment rate has reached its highest point since February 2022, standing at 3.8%. Meanwhile, inflation has surged by nearly 17% since President Biden assumed office. Grocery prices have seen a 20% increase, energy prices have surged by 38%, gas prices are on the rise, and the housing market is facing challenges as well, according to Fox Business.

Public sentiment towards these developments can provide valuable insights too. A Nov. poll from Fox News disclosed that 89% of Americans remain concerned about inflation. Seventy-eight percent of voters express a negative opinion of the economy, with 47% describing it being in "poor" condition. Additionally, 59% disapprove of President Biden's overall job performance. Biden's approval rating has also reached new lows across various demographics, including men, individuals under age 45, Hispanic voters, and college graduates, according to Fox News.

To gain a regional perspective on this national concern, let's focus on Arizona. Arizonans, aligning with the broader sentiment in the United States, hold a negative view of both the U.S. economy and the Biden Administration. In a recent survey by North Star Research polling 600 likely voters in Arizona, results show that 77% believe the country is headed in the wrong direction. Specifically, 62% of independent Arizona voters disapprove of the Biden administration's economic policy, while 92% of Republicans express disapproval, and 21% of Democrats share a similar sentiment. 78% believe the "American Dream" is out of reach for most Arizona citizens. The survey also revealed that the majority of Arizonans attribute the increase in gas prices and housing costs in the state to Biden, according to North Star Research poll results available on the League of American Workers' website.