The echoes of former President Joe Biden’s tenure are still ringing loudly as new Treasury data surfaces, illustrating the catastrophic financial mess left in the wake of his administration. It hasn’t even been a month since Biden shuffled off to wherever former presidents go to rest, and yet the implications of his radical spending and borrowing practices are becoming clear—just like a bad sequel that nobody asked for but we all have to endure.
The latest figures reveal the true horror of the Biden economic legacy. The first four months of fiscal year 2025 saw a staggering $838 billion deficit, which is a whopping increase of $306 billion from the previous year’s figures. This is not just a hiccup; it’s a full-blown freight train careening off the tracks, and financial experts are sounding the alarm. The Republican party needs to get its collective act together and take these figures seriously before they run us completely off the rails.
One has to wonder how the media continues to assure the American public that the economy is thriving when the numbers tell a story of fiscal despair. Revenues have inched up a measly 1%, and spending has ballooned into the stratosphere, resembling nothing more than futile attempts to save a corpse by injecting it with fresh blood. The term “Bidenomics” has quickly become synonymous with economic train wrecks, and yet the left continues to pretend everything is just fine. Spoiler alert: it isn’t.
The projected $2.5 trillion annual deficit for 2025 certainly casts a shadow over any claims of economic growth. Sure, the economy expanded by 2.8% last year, but this was merely an illusion propped up by an avalanche of debt—much like throwing confetti at a funeral to bring a little color to the proceedings. The reality is that this growth has been financed largely by future generations who will be left to pick up the tab for the reckless spending decisions of the current administration.
Another Biden Time Bomb Just Blew Uphttps://t.co/aSASPwAoZW
— A.C. Spollen (@ACSpollen) February 11, 2025
Where exactly did all this government spending go? Surprise, surprise—it seems much of it found its way back to government coffers rather than the private sector. The supposed “job growth” we’ve been hearing about is looking increasingly fictitious, with job numbers that have mysteriously vanished, leaving behind a workforce that is increasingly reliant on government positions funded by taxpayer dollars. In a twist of irony, when families desperately look for stable employment, they instead find themselves competing for roles that are largely non-existent outside the expansive government apparatus.
As the new financial year begins under Trump’s administration, there’s no doubt the flood of funny money continues, placing even more responsibility on the GOP and the DOGE enthusiasts to clear out the financial swamp left behind. They may have their work cut out for them, but a dedicated and vocal base could provide the visible support needed to rein in this fiscal chaos. The clarity couldn’t be more pronounced—you can’t spend your way to prosperity, and the Biden legacy serves as a grim reminder of what happens when that lesson is ignored.