“Bidenomics” has been President Joe Biden’s big selling point for his reelection campaign. But Bidenomics isn’t just making things more unaffordable for everyday people; it may just be killing the planet.
Automakers are slowing their production of electric vehicles, citing a lack of demand. Tesla is hesitating about pushing ahead with an EV factory in Mexico because, as CEO Elon Musk said, “People hesitate to buy a new car if there's uncertainty in the economy. I don't want to be going into top speed into uncertainty.”
JIM JORDAN CANNOT WIN THE SPEAKERSHIP. HE SHOULD GIVE WAY
Tesla joins General Motors, which cited a decreasing demand for EVs for delaying electric pickup truck production at a plant in Michigan, and Ford, which cut one of the shifts at the plant that builds its electric F-150 pickup truck. EV startups Lucid and Rivian recently lost more than 3% in shares as well.
In the meantime, Biden has also turned to Venezuela for more energy production while crippling the U.S. in that same area. As Sen. Joe Manchin (D-WV) said, Venezuela is “one of the world’s dirtiest energy producers,” and Biden and his administration are relying on it to “help make up the production that they refuse to allow in America.” So Biden’s energy policies, in addition to his failing economic vision, are making the climate worse.
But hey, at least we can get some Chinese solar panels probably manufactured by slaves while you also pay exponentially more for groceries and gas than you did just a few short years ago. How is that for a bargain?
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Biden is clearly incompetent, both as an executive and as a politician. His economic vision hasn’t just been a disaster for everyday people, it is also now actively sabotaging a key part of his climate policy with electric vehicles, leaving the reliance on human rights abusers such as Venezuela and China as the only main tenet unaffected. Not only that, but he has made that unpopular economic vision the focus of his reelection campaign.
It is a parade of errors that would be comedic if it weren’t so damaging to the country. Biden’s economic vision is consistently undermined by reality. He somehow expects voters to reward him when they are the ones burdened with the costs of an incompetent plan from an incompetent administration.