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President Joe Biden: Call It Bidenomics or Something Else Biden Democrats Continue to Undercount Our Job Rates and Layoffs. : ThyBlackMan.com

The age group, beginning at 55 plus years, are currently responsible for approximately 40% of consumer spending in our economy. Baby Boomers are the largest homogeneous population, within that group of consumers, and would be the more logical and, idea tax cut recipients. A 10%, $25,000 Baby Boomers’ Consumer Tax Cut, which will drop approximately $254,000,000 a day into our economy, is half of the $529 million a day Families with Children Tax Cut. The Boomers’ Consumer Tax Cut was designed to begin in 2021. Because of that start date, the Biden-Harris administration can exercise some flexibility in its introduction, depending on how deep our coming Recession will be, and the actual number of layoffs, “including that 48 percent, we talked about earlier, which Biden and Democrats dismiss.” ....

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