@London'sBurning this is an amazing article when you have time to read. Talks about how so many rural small towns were abandoned for decades are now finally seeing investments worth billions. @Nook dems ARE focusing on important things it's just they suck at messaging Your theory will be tested London
Part of the problem is that Biden feels if he argues his own agenda too much it will make it harder for him to actually pass things. He feels that him taking more of a low profile makes it more possible for members of Congress to work with him, including Republicans. I suspect as they get closer to the election he might change that strategy.
@London'sBurning what do you do about this?! Georgia is seeing a EV manufacturing BOOM because of biden 100% and these morons are clowning on biden while celebrating a new manufacturing plant only made possible by biden!!! They have no shame. These folks just lie with no regard. They have their trolls to spew bs @Os Trigonum. This is the issue with helping Republicans. They just lie.
I think it has started. I don't agree with the notion that this is putting 'all his chips' on the table, but it's a substantial chip. His polling on the economy has been rather unfavorable, which means there is more upside than downside. Whatever the case, the story indicates Biden is initiating a new messaging campaign to highlight his accomplishments in the economy. Biden puts all his chips on the table with a push on ‘Bidenomics’ https://www.politico.com/news/2023/...-the-table-with-a-push-on-bidenomics-00103861 President Joe Biden is tying his political fate to the U.S. economy — recessionary risks be damned. The White House this week is going all in on a campaign to claim credit for the nation’s post-pandemic resurgence, touting an economic vision that aides see as so central to Biden’s presidential legacy they’ve gone as far as giving it a name: “Bidenomics.” It’s a fresh messaging push that marks the most aggressive attempt yet by Biden world to convince the public that the economy is, in fact, good. It’s also a major bet that the bottom won’t fall out, at least through November 2024. “They’re going to wrap their arms fully around the economic strategy and economic results,” said Seth Harris, the former deputy director of Biden’s National Economic Council. “And I think their expectation is that there will not be a recession.” The question of how strongly to tout the economy has vexed virtually every president running during a time of recovery. Boast too hard and voters may perceive you as out of touch. Stay too quiet and risk the perception of taking hold that times are bleak and getting bleaker. Biden has pledged to avoid the missteps of his former boss, Barack Obama. He was reluctant in real time to play up good economic news after voters recoiled at his first attempt to do so though an infamous 2010 tour dubbed “Recovery Summer.” The current effort is an implicit recognition that Biden has more work to do. Key to the sales pitch, which will include a speech Wednesday by the president formally outlining his economic case, is defining what exactly Bidenomics is. Ahead of the address, White House aides described the term as a broad collection of policies aimed at using government muscle to revive and reshape the economy to help the middle class. They pointed to a range of efforts, including bolstering manufacturing investments, expanding high speed internet access and cracking down on industries that charge so-called junk fees. If the definition is a bit all-encompassing, the implication is clear. Biden’s political fortunes, his top aides believe, will hinge on how effectively they can hammer home the idea that voters are better off than just a few years ago — and have the Biden administration to thank for it. “There’s going to be billions of dollars spent laying out what Joe Biden has done,” said one Democratic national political consultant familiar with the campaign strategy. “All these things are incredibly popular. But people don’t really know about them.” ....
Today one of the largest expansions of worker rights went into effect today in decades. Pregnant women now have statutory workplace protections for many issues which weren't possible before. What % of pregnant women know about this law? 1%
Last year's predictions of a recession have fallen flat so far. The problems are still endemic as Powell's drive to reduce inflation runs counter to increased spending by the government to boost confidence and cover people falling behind. Last year, Powell hinted at Jackson Hole that inflation could be curbed with layoffs. Companies have not done that because of a tight labor supply, and the stock indexes recovering a lot since. Meanwhile mid size banks are growing even more sensitive to rate hikes and companies relying on revolving credit will have to renew with a stiffer rate. Americans might not know this but they are seeing higher mortgage rates and a pressure to sell extra homes. More Americans are tapping into credit card debt and even if relative inflation has abated people are still paying upwards of 15 dollars on a sandwich while experts claim success that it isn't twenty. Not sure how Biden can "fix" that but it's growing as speculative frenzy from the top (save us Powell from your previous mistakes!!) still remains while Main Street struggles with inflationary and credit pressures and the media telling them that they're "overpaid" and ripe for a layoff to boost stock prices.
he said that he would use all the monetary tools in the tool box, available to the Fed, to counter the inflationary pressure towards a targeted inflaton rate of ~~2%. major corp have announced layoffs; BuzzFeed, Lyft, Whole Foods and Deloitte all recently announced layoffs affecting thousands of US workers. They join a growing list of companies cutting back on their workforce this year amid concerns about economic uncertainty, as well as the need to rightsize after going on a hiring spree during the pandemic. dig a little deeper, what you have is complacent/incompetent bank management unwilling/unable to hedge their assets, poor risk management it's been a two-prong approach. on the fiscal side, Biden effected several legislations to provide economic stimulus chips act, infrastructure act inflation reduction act schooled McCarthy into the debt ceiling agreement, good until post-2024 election cycle on the monetary side, Powell's Fed has been closely monitoring the nationa's money supply to contained inflationary pressure after consecutive rate hikes, has paused this last Fed meeting, signaling that inflation may have peaked rather than merly cut n paste from your news source, i suggest that you use you own words to explain your position/opinion have you not noticed, all the US stock indices are up > 11% so far this year. NVDA / META have doubled their stock prices so far this year. too, have you not noticed all the layoffs by major corp, particularly the tech co
acturally, the economic facts / data point to the contrary Historically, the Federal Reserve has been a slow-moving Government agency, slow in its reaction to emerging market forces. in the June 2023 meeting, after consecutive months of rate hike, the slow-moving Fed announced a pause, signaling that inflation may have peaked. the emerging economic data---pointing to a decline in inflation---culminating in the Fed pause in June also, US Treasury 10-yr yield from a high of ~~4.5% in Jun 2022, it had declined to ~3.3% in april 2023. it has found support ~3.7%
If you can persuade me when lunch at a sit down will cost less than 17-20 bucks for a decent meal, then maybe I'll be inclined to believe that Americans should give more credit to Biden with their economic outlook. It'll be a start considering the amount of credit debt and high housing prices for first time buyers those same people have to deal with.
never mind me, just look at the economic data/trends fwiw, at Costco, a package of 4-dozen eggs cost as much as $16 early this year. it is now selling at less than $10
Has to be but if it isn't, the war in Iraq is about a fathers love. He loves his son soo much he is not thinking straight. Joe doesn't deserve his son treating him like this, using him for drugs and prostitutes....
Huh? You don't think Biden supercharged the economy that allowed us to teach full employment so soon?
Trump claiming he can end the war in 24 hours and being serious about it is worst than Biden slipping up and correcting himself. You people act like trump is some sane human being. Run a 50 year old rational guy against Biden then you can whine about biden gaffes. Trump is just as fkin bad as Biden
