Part 3/7:
The speaker reflects on "Reaganomics," recalling Ronald Reagan's policies of tax cuts and deregulation aimed at stimulating economic growth. In contrast, "Bidenomics" is depicted as a government-driven scheme where aid supplies primarily serve the interests of "friends" and favored industries. The satire describes government subsidies as "graft" and "peculation," comedic terms for corruption, suggesting public funds are funneled into projects like massive windmills that supposedly kill birds and generate energy in a fantastical, almost cartoonish manner.