Expert Breaks Down Bidenomics ‘Incompetence’ or ‘Fraud’
“…As financial and investment expert Edward Dowd said recently on the USAWatchdog podcast, as he compared the Biden-Harris numbers to those under Obama-Biden in the 2008 financial crisis, “The [new] crisis was to get the Biden Administration (and Kamala) re-elected. So, they went on binge spending. They borrowed from the future to try to ensure they won.” The administration did this primarily by hiring “massive amounts of government personnel to float the economy, and they also did illegal immigration,” Dowd added.
It is significant that, just between November 2023 and November 2024, over one million fewer native-born American workers were employed, even as the flood of illegals entering America under Joe Biden and Kamala Harris (including tens of thousands of criminals) exceeded the population of many states. Dowd said, “We are thinking it was 10 million to 15 million illegal immigrants that came in the last four years. The majority of the illegal immigrants came in the last two years. That stimulated the economy and raised the velocity of money, as those people were given money.”…”