Milwaukee City Wire

Dan O'Donnell, radio host of The Dan O'Donnell show, took to the X platform to discuss how "Bidenomics" is failing American families. In his post, O'Donnell shared a clip of his radio show in which he discusses the administration's policy, with the title "People Think Bidenomics has Failed Because Bidenomics has Failed."

"The average American family is paying $709 more per month than they were when Biden took office and the media is wondering why more people don't think Biden has been great for the economy," O'Donnell said.

President Biden continues to promote his economic policy, known as Bidenomics, during his appearances in various U.S. cities, but recent polls reveal ongoing disappointment among Americans. According to the latest data from a Wall Street Journal poll conducted Aug. 24-30, his approval ratings remain low, with 63% of voters expressing disapproval of his handling of inflation, and 59% disapproving of his overall economic management, according to Fox News.

The latest 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.

"People aren’t feeling good about the economy, not because they're partisan Republicans, but because they are paying far more than they were for the same basic items," said O'Donnell on the episode. "It’s something of a version of privilege to not have to be concerned about how much things cost. In fact, it’s an incredible privilege, one of the greatest privileges you could have, to not even notice if the cost of, you know, a dozen eggs has gone up by two or three dollars. But for millions and millions and millions of Americans, these necessities represent a much bigger slice of their income."

"Moreover, a whole lot of those jobs that were "created" are people actually taking on second jobs, taking on gigs in the gig economy or retirees realizing 'uh oh my fixed-income is no longer going to cover my annual expenses, I better go back to work so I can have money for the things that I need to live,'" O'Donnell said.