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2062024 The Reality of Bidenomics: How Good Was Biden for the Economy?, By Radhika Desai and Michael Hudson. Originally published at Geopolitical Economy Report

So Michael and I thought it would be a good time to do a 360-degree check on the US economy, and we want to do it by going through a number of major topics.

We’ll talk about 

• employment, we’ll talk about the 
• investment situation, the 
• trade situation, the real story about 
• inflation in the US, because it’s not so clear that the dragon of inflation has been slain, the problem of 
• financial stability, and finally, of course, the issue of 
• the budget. So these are the topics we are going to go through.

But before that, before we go through these topics, we must begin with a contrast. On the one hand, the stock market is soaring.

Crime is up. Shoplifting, robbery, phone and