• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Economy Biden to Democratic leaders: ‘I’m tired of this trickle-down economics’
Economy

Biden to Democratic leaders: ‘I’m tired of this trickle-down economics’

by January 25, 2023
by January 25, 2023 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

President Biden on Tuesday said he is tired of trickle-down economics in a meeting with Democratic congressional leaders.

‘I want the wealthy to continue to be able to do well. But, look, I’m tired of this trickle-down economics,’ he said. ‘I want to build this economy from the bottom up, the middle out, and when that happens poor folks have a shot, the middle class does well and the wealthy never get hurt.’

Biden has criticized Republican economic policies in the past. In October 2022, he blasted what he termed as ‘mega MAGA trickle down.’

‘If Republicans get their way, the deficit is going to soar. The tax burden is going to fall on the middle class,’ Biden warned Friday. ‘And Republicans are working really hard. And this was kind of — I have to admit every once in a while they surprise me. They have three — not one, not two — three plans to cut Social Security benefits. Three plans. It’s not going to stop there.’

Video

During Tuesday’s meeting, which included Vice President Kamala Harris and other senior Democratic leaders, he said Republicans were serious about cutting Social Security and Medicare. 

‘I love their 30 percent sales tax,’ Biden said. ‘We want to talk a lot about that but look, I have no intention of letting the Republicans wreck our economy, nor does anybody around this table in my view.’

Louis Casiano is a reporter for Fox News Digital. Story tips can be sent to louis.casiano@fox.com.

This post appeared first on FOX NEWS
You Might Also Like
  • Democrats face a reckoning on Biden campaign as lawmakers return to Capitol Hill
  • Delegation of Australian lawmakers will visit US to push for Julian Assange’s release: ‘Powerful message’
  • Balance of power: Vulnerable Dems look to differentiate themselves from unpopular Biden
  • Biden touts completion of US chemical weapons stockpile destruction: ‘Significant milestone’
Share
0
FacebookTwitterPinterestWhatsapp

previous post
McConnell tosses debt ceiling hot potato to Biden, McCarthy: ‘That’s where a solution lies’
next post
Connecticut state bill would allow illegal immigrants to vote in state elections: ‘Completely outrageous’

You may also like

Biden reveals what he said to Trump on phone call...

July 16, 2024

Nvidia Stock Hits Record High at $143.71

October 23, 2024

CA Sen. Feinstein arrives at Capitol in wheelchair in first...

May 11, 2023

Ramaswamy campaign hauls in $7.4M during the past three months

October 16, 2023

Minnesota Senate passes abortion bill opponents call ‘most extreme’ in...

January 29, 2023

China increasing nuclear arsenal at exponential rate, expected to double...

October 22, 2023

Who is new Trump-backed RNC Chairman Michael Whatley?

March 9, 2024

GOP, Dems team up to kill Gaetz resolution removing US...

March 9, 2023

Johnson hints at changing 1-vote threshold to begin removing House...

October 28, 2023

Tesla (TSLA) Stocks Up 18% After Strong Earnings

October 25, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

      May 8, 2025
    • Don’t Buy Robinhood Stock… Until You See This Chart Setup

      May 8, 2025
    • UnitedHealthcare sued by shareholders over reaction to CEO’s killing

      May 8, 2025
    • The Unpredictable Stock Market: How to Make Sense of It

      May 8, 2025
    • AMD CEO calls China a ‘large opportunity’ and warns against strict U.S. chip controls

      May 7, 2025

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,632 views
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,339 views
    • 3

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 2,320 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,303 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,186 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,066)
    • Investing (538)
    • Stock (2,530)

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 3

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout,...

      May 8, 2025
    • Don’t Buy Robinhood Stock… Until You See This Chart Setup

      May 8, 2025
    • UnitedHealthcare sued by shareholders over reaction to CEO’s killing

      May 8, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,066)
    • Investing (538)
    • Stock (2,530)

    Disclaimer: RoundTableThoughts.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    Amid fentanyl crisis, Biden says Mexican...

    June 17, 2023

    Florida Rep. Greg Steube released from...

    January 22, 2023

    Biden ignores Palestinian terror on West...

    February 4, 2024
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here