Watch: Biden's Economy Stinks So Bad That Bernie Sanders Bashed It ...LOL
Bernie Sanders is the free money guy so you would think that the socialist would approve of Biden's spending bill, but even Bernie knows it stinks. When asked if he thought that the new spending would save Democrats in the midterms, Sanders simple said "no".
"The truth is that the middle class in this country is falling further and further behind," Sanders said on Late Night with Seth Meyers. "Wages are not keeping up with inflation. You got over 70 million people who have no health insurance or they're underinsured. You've got 600,000 people who are homeless. You got people who can't afford prescription drugs. Kids can't afford to go to college."
The senator's cloudy assessment of the economy comes as inflation stands at 8.3 percent and the stock market is at its lowest point in two years. Polling shows the economy is the top issue for American voters heading into the 2022 midterm elections.
Sanders also took aim at Biden's Inflation Reduction Act, saying the bill came up "a lot short" and is not a sufficient accomplishment for Democrats to run on.
"What we have got to be honest about with the American people," Sanders said, is "‘Look, we're in rough shape right now. This is the reality.'"
The reality here is that 'free-everything' Bernie Sanders knows that the money is not going to be enough to fix Biden's broken economy. He also knows that the administration has allocated funds correctly and used the bill to shift money to 'special interests' using issues like climate control.
The bottom line, economists have all barked that Biden's 'Inflation Reduction Act' will only add to American's overburdened shoulders and Sanders knows that's going to ruin Democrats at the polls.
An increasing number of Americans are unhappy with how Biden is handling the economy compared to when the president first took office, according to a new poll.
The ABC News/Washington Post poll released on Sunday shows 74% of Americans say the economy is in bad shape, up from 58% in the spring of 2021.
As the U.S. Federal Reserve increases interest rates to combat record-high inflation, 84% of respondents called the economy a top issue, while 74% said the same for inflation going into the midterm elections in November.