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This week, Colorado Rep. Ken Buck shared statistics on the current economy through a retweet of a Twitter post by President Joe Biden, where Biden had boasted about the economy and 'Bidenomics.'

Buck said, "Real wages are down 3% since Biden took office. Prices are up 16.6%. Average price of gas: $3.58 per gallon. Americans are taking home less money while being saddled with an increased cost of living. That's Bidenomics."

Buck's response to Biden's initial tweet highlighted issues like declining wages and the rising prices of gas and goods, which aligns with the financial insecurity many Americans feel. According to a recent CNBC survey, over half of Americans are living paycheck-to-paycheck. The same study found over two-thirds of Americans feel financial stress, skipping out on unnecessary purchases and worrying about inflation and interest rates. An article published by The Hill outlines that wealth inequality in America has reached one of its highest points since it was first calculated by the Federal Reserve in 1989.

"Growing the economy by creating jobs," said Biden in his Tweet. "Lowering costs for hardworking families Making smart investments in America. That’s Bidenomics."

During a recent South Carolina speech, Biden discussed the achievements of his economic policy, Bidenomics, highlighting the improved state of the American economy compared to a year ago. He emphasized positive indicators like job creation and lowered inflation and attributed shortcomings to the previous administrations' implementation of trickle-down economics.

"Our plan is working," said Biden in a release from the White House. "And one of the things I’m proudest of is that it’s working everywhere, not just on the coasts and big cities, like previous recoveries. This time, investment is working, and factories are being built, and jobs are being created — happening in rural America, the heartland, all across America — in communities that have been left out and hollowed out."

However, a recent poll by the Associated Press indicates that only 34% of Americans approve of Bidenomics, with Biden's overall rating currently standing at 41%. Economist Vance Ginn added to the 'Bidenomics' conversation on Twitter, listing current economic struggles, saying, "- Highest inflation in a generation, - Falling GDO for 4 of last 5 quarters, - $2T deficit-spending for years to come, - Falling y/y real avg weekly earnings, - Historic burdensome regs, - More safety net recipients, - Corporate welfare to big biz, - Tax hikes on all."