Misery Index Reveals ‘Bidenomics’ Is Failing in Swing States

Misery Index Reveals ‘Bidenomics’ Is Failing in Swing States
President Joe Biden speaks about his "Bidenomics" agenda at Dutch Creek Farms in Northfield, Minn., on Nov. 1, 2023. Andrew Caballero-Reynolds/AFP via Getty Images
Daniel Lacalle
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Commentary

One of the most dangerous things that a government can do is to present a glossy picture of the economy at a time when families and small businesses are suffering. Governments are always optimistic, but sending euphoric messages tends to backfire, especially when the situation for the middle class is complicated.

Daniel Lacalle
Daniel Lacalle
Author
Daniel Lacalle, Ph.D., is chief economist at hedge fund Tressis and author of the bestselling books “Freedom or Equality” (2020), “Escape from the Central Bank Trap” (2017), “The Energy World Is Flat”​ (2015), and “Life in the Financial Markets.”
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