On January 29, White House Press Secretary Karoline Leavitt labeled the Biden administration as “drunken sailors” for its controversial spending habits. Later that day President Trump revealed that under the Democrats the U.S. allocated $50 million for purchasing condoms for the people of Gaza, which is the hometown of our fiercest enemy, Hamas, and a substantial investment in the World Health Organization, often a vocal critique of America.
The Biden-Harris era was marked by failed Bidenomics and a steep decline in financial well-being for the majority of American families. The figures speak for themselves. Inflation rates hit highs of 8% in 2022. The national debt saw an increase from $27.8 trillion in January 2021 to $33 trillion in January 2025.
The way the Democrats spend money is reckless and has a direct impact on the economy. There are five controversial initiatives of the Biden-Harris administration that resulted in dramatic failures and cost American taxpayers a fortune.
The CHIPS Act
The CHIPS Act was designed to provide the domestic semiconductor industry with $79 billion in subsidies and loans. However, the initiative failed to deliver. Once a dominant player in consumer and professional CPUs, Intel is now caught in a very unfavorable situation.
The bill was marred by woke climate and environmental requirements that hindered the development of the industry in the U.S. Moreover, necessary actions against leading semiconductor manufacturers, such as Taiwan, were not taken in a timely manner.
The idea behind the CHIPS Act is sound, and we must work on securing our leadership in computer and AI technologies. The new administration is fully aware of this and will take a different approach by imposing various tariffs.
Affordable Connectivity Program
The Broadband Connectivity Act, with its Affordable Connectivity Program, is a $42 billion initiative aimed at improving broadband internet access for households across the country. Initially, the bill had bipartisan support and held great promise for making a better living for many Americans.
Alas, the reality turned out to be completely different. Democrats pushed diversity, equity, and inclusion (DEI) requirements and failed to establish fast and convenient verification processes for applicants. This predetermined that the initiative would be inefficient. As of January 2025, many communities are reported to face hurdles due to inadequate connectivity.
Hellbound and Down 