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During what Biden's aides described as his first major economic speech of the year, Biden also noted recent good economic news about unemployment levels, wage growth, and manufacturing job levels ...
Biden struggled with an economy that was the strongest in the developed world, yet plainly unsatisfactory to his own electorate. The obvious reason was the elevated cost of food, rent, and gasoline.
The authors say Biden has an opportunity to ride good economic news to a second term "but these are big assumptions in a highly uncertain economic time and given our highly fractured and ...
Still, President Biden’s top economic advisor told Fortune that he doesn’t buy the “good news is bad news” theory for markets. The CEA chair argued that steady economic growth, consumer ...
Polls, however, indicated broad public discontent with the Biden economy, though data showed consumers continued spending, taking vacations and changing jobs as though they believed the economy was good. [275] A March 2024 CBS News poll found that 65% of Americans viewed the economy under Biden's predecessor, Donald Trump, as good, whereas only ...
President Joe Biden is set to explain how his administration’s economic policies have put the U.S. economy ahead of the entire developed world in recovering from the Covid-19 pandemic with a ...
President Biden on Tuesday made the case for the strength of his economic legacy as he prepared to leave office next month, arguing President-elect Trump would be inheriting a desirable situation ...
“It’s the economy, stupid.” That was James Carville’s immortal phrase to explain Bill Clinton’s surprising victory in 1992, ending Democrats’ 12-year exile from national office.