Biden slams Trump on economic record, unemployment in Pennsylvania speech
1 year, 3 months ago

Biden slams Trump on economic record, unemployment in Pennsylvania speech

India Today  

US President Joe Biden on Monday took shots at his likely 2024 rival, Donald Trump, in a Labour Day speech aimed at shoring up support in Pennsylvania, a state he needs to win next year to retain the White House. A self-described champion of labour unions, Biden addressed union workers in Philadelphia as he sought to explain his economic policies to a public worried about the economy, despite easing inflation and low unemployment levels. Trump spokesperson Steven Cheung said in a statement that Biden was “the destroyer of American jobs and continues to fuel runaway inflation with reckless, big government spending” and that Trump had produced a “booming economic recovery” while in office. Although the decline was a "welcome development," Fed Chair Jerome Powell said late last month, inflation "remains too high" and interest rates may need to move higher.

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History of this topic

Biden’s unfinished business
1 day, 19 hours ago

Biden’s unfinished business

Politico  

Biden has acknowledged that his economic agenda is at an inflection point. In a recent op-ed in The American Prospect, the president wrote that “the next four years will determine whether the incoming administration builds on this strength.” Trump’s transition team did not respond to a request for comment, but other Republicans have been unsparing in their assessments of Biden’s …

Trump's economic plan will be disaster: Biden
1 week, 6 days ago

Trump's economic plan will be disaster: Biden

Deccan Chronicle  

Washington: Outgoing US President Joe Biden on Tuesday branded his successor Donald Trump's economic plans a "disaster," in a speech hailing his own legacy. Biden said Trump's threats to slap huge tariffs on imports were a "major mistake" and challenged Trump to build on what he said were the successes of his own administration. At a separate event Tuesday, Treasury …

Democratic President Rebuilds Economy, Just In Time To Hand It Off To Trump — Again
1 week, 6 days ago

Democratic President Rebuilds Economy, Just In Time To Hand It Off To Trump — Again

Huff Post  

LOADING ERROR LOADING WASHINGTON — President Joe Biden on Tuesday took credit for building a strong economy out of the ruins of the COVID-19 pandemic — just in time for him to turn it over to President-elect Donald Trump, who is already threatening tariffs that would likely weaken it and bring back inflation. “I’m not saying it was perfect, but …

Biden Says Trump Economic Plan will be Disaster
Trending News
1 week, 6 days ago

Biden Says Trump Economic Plan will be Disaster

Deccan Chronicle  

Washington: Outgoing US President Joe Biden on Tuesday branded his successor Donald Trump's economic plans a "disaster" in a speech hailing his own legacy in office. Biden said Trump's threats to impose huge tariffs on imports were a "major mistake" and urged the Republican to abandon proposed tax cuts. I think it'd be an economic disaster for us and the …

Biden: Trump’s tax and tariffs plans are a ‘major mistake’
2 weeks ago

Biden: Trump’s tax and tariffs plans are a ‘major mistake’

Politico  

The remarks represented the president’s sharpest and most extensive criticism of Trump since the November election, with his attacks growing more direct as he got deeper into the nearly 40-minute speech. He mocked Trump for his failed first-term infrastructure push and for spurning pledges to “buy American.” And he cautioned that Trump’s plan to renew a set of expiring tax …

Biden funded new factories and infrastructure projects, but Trump might get to cut the ribbons
1 month, 1 week ago

Biden funded new factories and infrastructure projects, but Trump might get to cut the ribbons

Associated Press  

WASHINGTON — All that’s left is for President-elect Donald Trump to put his name on it — if he wants. He will deliver.” Natalie Quillian, a deputy chief of staff for Biden’s White House, said that the administration’s programs are already starting to make a positive difference for the economy. “Over the coming months, we will continue to run through …

Biden laid groundwork for new factories and infrastructure, but Trump might get to cut the ribbons
1 month, 1 week ago

Biden laid groundwork for new factories and infrastructure, but Trump might get to cut the ribbons

LA Times  

All that’s left is for President-elect Donald Trump to put his name on it — if he wants. The unemployment rate is low, inflation is easing and President Biden’s administration has teed up a ready-made list of infrastructure projects that could go from theoretical to reality over the next several years. Trump said in September that he would “rescind all …

Biden funded new factories and infrastructure projects, but Trump might get to cut the ribbons
1 month, 1 week ago

Biden funded new factories and infrastructure projects, but Trump might get to cut the ribbons

New Indian Express  

WASHINGTON: All that's left is for President-elect Donald Trump to put his name on it — if he wants. The unemployment rate is low, inflation is easing and President Joe Biden's administration has teed-up a ready-made list of infrastructure projects that could go from theoretical to reality over the next several years. But Biden aides privately told The Associated Press …

Whoever can finally coin an effective economic message could win the White House
4 months, 1 week ago

Whoever can finally coin an effective economic message could win the White House

CNN  

CNN — Voters keep telling pollsters that their economic insecurities are the biggest issue in the 2024 election. “Hard-working Americans are suffering because of the Harris-Biden Administration’s dangerously liberal policies,” Trump’s campaign said in a statement announcing his appearance in Asheville, North Carolina, for a major speech on the economy on Wednesday afternoon. The next day, Harris will deliver a …

Biden economy: The labor market has more than compensated for inflation.
5 months ago

Biden economy: The labor market has more than compensated for inflation.

Slate  

Joe Biden restored full employment as the bedrock economic commitment of the Democratic Party. Until Biden’s presidency, American full employment—the economic situation when everyone who wants a job actually has a job—was essentially a historical phenomenon confined to the 30 years between the opening of World War II and the close of the 1960s, with fleeting spells of caveated grace …

‘Voters Are Queasy or Sour About the Economy’: Wall Street Week
5 months, 3 weeks ago

‘Voters Are Queasy or Sour About the Economy’: Wall Street Week

Bloomberg  

Welcome to the Wall Street Week newsletter, where the best minds on Global Wall Street give you some investing food for thought from our conversations on Bloomberg Television. I’m David Westin, and this week we talked with Roger Altman of Evercore about the economic choice in November’s US election, with Ray McGuire of Lazard about the need on the horizon …

Growth, inflation, jobs: Biden and Trump’s economic records compared
5 months, 3 weeks ago

Growth, inflation, jobs: Biden and Trump’s economic records compared

Al Jazeera  

US voters view the economy as their number one priority ahead of November’s presidential election. United States President Joe Biden and former US President Donald Trump’s first debate of the 2024 campaign has refocused attention on their respective economic records in office. Inflation Biden’s tenure has been marked by far higher inflation compared with Trump’s – although many of the …

Biden vs Trump US Presidential Debate: Economy, climate change and NATO | Who said what?
5 months, 3 weeks ago

Biden vs Trump US Presidential Debate: Economy, climate change and NATO | Who said what?

India TV News  

Atlanta: The United States bore witness to a fiery debate between Democrat Joe Biden and his Republican rival Donald Trump that most agreed ended badly for the 81-year-old US President. Trump lambasted Biden for doing a poor job with the economy and "inflation is absolutely killing us". Trump countered by saying illegal "terrorists" are killing US citizens, calling it a …

Opinion: Trump's claims about the economy in the debate will be lies
5 months, 3 weeks ago

Opinion: Trump's claims about the economy in the debate will be lies

LA Times  

Expect the economy to be debated by President Biden and former President Trump on Thursday. Spoiler alert: “Bottom line, in their totality, Biden’s policies are better for the economy than Trump’s,” Moody’s chief economist Mark M. Zandi told me. Moody’s projects that after Trump’s recession, the economy would return to growth late in his second term, for average annual growth …

Biden’s team asks CEOs how to further boost the economy while Trump says business is on his side
6 months, 2 weeks ago

Biden’s team asks CEOs how to further boost the economy while Trump says business is on his side

Associated Press  

WASHINGTON — On the campaign trail, President Joe Biden likes to take a hard thwack at corporate America. The Democrat tells voters that companies should pay more in taxes and he blames many businesses for fueling higher prices by stoking “greedflation” and “shrinkflation.” But for the past several months, top Biden administration officials have also stepped up their outreach to …

Biden polls: Inflation is not the president’s problem.
6 months, 2 weeks ago

Biden polls: Inflation is not the president’s problem.

Slate  

In January of 1980, Jimmy Carter had been in office for three years, and the economy was terrible. Biden isn’t just clearing the low bar set by the Carter administration, he’s besting every other leader in the developed world, with the United States enjoying stronger wages, lower inflation, and better job growth than any nation in the G7, and its …

Poll: Biden touts his 4 major infrastructure and clean energy laws. Voters doubt they’re working.
7 months, 2 weeks ago

Poll: Biden touts his 4 major infrastructure and clean energy laws. Voters doubt they’re working.

Politico  

Voters even give former President Donald Trump almost as much credit as Biden for advancing infrastructure spending — even though Trump’s succession of accomplishment-free “Infrastructure Weeks” became a running joke during his administration. Voters don’t know much about the laws Majorities of poll respondents said they haven’t seen, read or heard anything or much about three of Biden’s four major …

Fox host vexed by Biden’s good job numbers finds a solution – give the credit to Trump
8 months, 2 weeks ago

Fox host vexed by Biden’s good job numbers finds a solution – give the credit to Trump

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Fox Business host Maria Bartiromo risked ridicule on her own …

Biden touts economic 'comeback' in election-year pitch to skeptical voters
9 months, 2 weeks ago

Biden touts economic 'comeback' in election-year pitch to skeptical voters

NPR  

Biden touts economic 'comeback' in election-year pitch to skeptical voters Enlarge this image toggle caption Shawn Thew/Pool/AFP via Getty Images Shawn Thew/Pool/AFP via Getty Images President Biden used his State of the Union address Thursday to highlight economic progress, eight months ahead of an election which will test voters' confidence in his economic stewardship. Polls show many voters disapprove of …

Granderson: You can't compare Bidenomics to Trump's economic record
10 months ago

Granderson: You can't compare Bidenomics to Trump's economic record

LA Times  

Donald Trump was booed Saturday when he took to the stage at a convention in Philadelphia to sell shoes. Last fall a House subcommittee held a hearing to discuss the impact of one of President Biden’s key pieces of legislation: the Inflation Reduction Act. “Some of these green cars, electric cars can cost $100,000 a year, and so almost by …

Column: Voters are finally noticing that Bidenomics is working
10 months, 2 weeks ago

Column: Voters are finally noticing that Bidenomics is working

LA Times  

The turning point in Americans’ perception of the economy — that despite months of doom-colored predictions of a looming recession — may have occurred on Jan. 25. That was the day that Fox Business economic commentator Larry Kudlow, a former official in the Trump White House and consistent dispenser of grim economic predictions during President Biden’s term, went on Fox’s …

Jobs are hot, the economy is doing well. So why are people still sour on Joe Biden?
10 months, 3 weeks ago

Jobs are hot, the economy is doing well. So why are people still sour on Joe Biden?

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} President …

Opinion: Economists see a 'spectacular' economy. Most voters don't. Can Biden turn that around?
10 months, 3 weeks ago

Opinion: Economists see a 'spectacular' economy. Most voters don't. Can Biden turn that around?

LA Times  

If President Biden’s reelection hinged on the state of the economy, he’d be a good bet, or at least a better one. We journalists have to do better: Stop letting South Carolina Sen. Tim Scott, for instance, get away unchecked with saying Biden “has destroyed our economy,” as happened on a recent Sunday talk show. Responding to Biden’s celebratory statement …

Biden lauds solid 2023 growth as reelection bid gains pace
10 months, 4 weeks ago

Biden lauds solid 2023 growth as reelection bid gains pace

Hindustan Times  

US President Joe Biden and his Treasury chief touted the country's robust 2023 economic performance Thursday, with stronger than expected growth offering a boost as the Democratic incumbent revs up his reelection campaign. The latest GDP data strengthens optimism that America is achieving a "soft landing," where inflation comes down on higher interest rates, without triggering a recession. The fourth …

Biden sells economic strength, but voters aren't buying yet
11 months, 1 week ago

Biden sells economic strength, but voters aren't buying yet

The Hindu  

U.S. President Joe Biden has good news to sell on the economy as he seeks reelection in November but voters don't seem to be buying it. With the political wisdom saying that US elections are won on "the economy, stupid" -- as the 1992 Bill Clinton campaign famously said -- Mr. Biden could have been forgiven for thinking the economy …

Trump says he hopes the US economy crashes this year for his own benefit
11 months, 2 weeks ago

Trump says he hopes the US economy crashes this year for his own benefit

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. “What we’re seeing now I think we can describe as a soft landing, and …

Biden’s biggest weakness and biggest strength going into 2024
11 months, 3 weeks ago

Biden’s biggest weakness and biggest strength going into 2024

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. To boot, the survey showed Mr Biden losing Hispanic voters and young people against …

Biden goes into 2024 with the economy getting stronger, but voters feel horrible about it
1 year ago

Biden goes into 2024 with the economy getting stronger, but voters feel horrible about it

Associated Press  

WASHINGTON — President Joe Biden goes into next year’s election with a vexing challenge: Just as the U.S. economy is getting stronger, people are still feeling horrible about it. “Things are getting better and people think things are going to get worse — and that’s the most dangerous piece of this,” said Democratic pollster Celinda Lake, who has worked with …

Letters to the Editor: Trump is more unelectable than he was in 2020. Biden will beat him
1 year, 1 month ago

Letters to the Editor: Trump is more unelectable than he was in 2020. Biden will beat him

LA Times  

President Biden speaks from the Oval Office about the wars in Gaza and Ukraine on Oct. 19. To the editor: According to a recent poll, President Biden trails former President Trump in nearly all key battleground states. To the editor: There is an easy answer to columnist Michael Hiltzik’s question as to why Biden gets no credit for the economic …

Biden’s team says progress on big public works projects may hinge on the outcome of the 2024 vote
1 year, 1 month ago

Biden’s team says progress on big public works projects may hinge on the outcome of the 2024 vote

Associated Press  

WASHINGTON — The Biden administration has started 40,000 construction projects since the passage of major infrastructure legislation two years ago and is seeking to make the case that continued progress could depend on keeping Joe Biden in the White House after 2024. “This whole thing could get thrown out of the window if somebody else was sitting over there and …

Biden is talking about green energy and jobs in Pennsylvania again. Will his message break through?
1 year, 2 months ago

Biden is talking about green energy and jobs in Pennsylvania again. Will his message break through?

Associated Press  

PHILADELPHIA — President Joe Biden returned to Pennsylvania Friday to use the critical battleground state again as a backdrop for some of his favorite political themes, championing steep increases in public works spending and detailing how bolstering green energy can spur U.S. manufacturing. “I think it’s about the local impact.” Indeed, allies contend Biden should stay on political message as …

Biden hits out at Trump in Labor Day speech focused on US jobs, economy
1 year, 3 months ago

Biden hits out at Trump in Labor Day speech focused on US jobs, economy

Al Jazeera  

US president takes repeated shots at his predecessor’s economic record as 2024 election campaign begins to heat up. US President Joe Biden has hit out at the economic policies of his predecessor and likely 2024 election challenger Donald Trump, noting that the United States lost jobs under the former Republican president’s tenure. In a speech in Philadelphia to mark the …

Biden’s approval rating on the economy stagnates despite slowing inflation, AP-NORC poll shows
1 year, 4 months ago

Biden’s approval rating on the economy stagnates despite slowing inflation, AP-NORC poll shows

Associated Press  

WASHINGTON — President Joe Biden has devoted the past several weeks to promoting the positive impacts of his policies — but his efforts have yet to meaningfully register with the public. “It’s a death to our society and economy,” said Rahn, who added that he believes Biden “has no clue what’s going on.” The poll also found that 55% of …

Biden Celebrates Inflation Reduction Act’s Anniversary; Voters Seem Not To Notice
1 year, 4 months ago

Biden Celebrates Inflation Reduction Act’s Anniversary; Voters Seem Not To Notice

Huff Post  

President Joe Biden speaks during an event to mark the anniversary of the Inflation Reduction Act in the East Room of the White House on Aug. 16. Tom Williams via Getty Images WASHINGTON ― President Joe Biden on Wednesday celebrated the first anniversary of one of his major legislative achievements to date, the Inflation Reduction Act, taking credit for lower …

How ‘Bidenomics’ looks now isn’t what matters. It’s how voters view it in a year that counts
1 year, 5 months ago

How ‘Bidenomics’ looks now isn’t what matters. It’s how voters view it in a year that counts

LA Times  

President Biden delivers remarks on the economy June 28 in Chicago. The economy is growing by about 2% a year, job creation remains strong and — most important from a political standpoint — inflation has eased to 4% from last year’s peak of 9%. Biden’s bet is that if the economy continues to improve, public opinion will evolve as well …

President touts ‘Bidenomics’ though new poll shows just 34% approve his handling of the economy
1 year, 5 months ago

President touts ‘Bidenomics’ though new poll shows just 34% approve his handling of the economy

Associated Press  

CHICAGO — President Joe Biden made his pitch Wednesday to a skeptical public that the U.S. economy is thriving under what he now touts as “Bidenomics” -- even as a new poll showed that could be a hard sell as the foundation for his 2024 reelection campaign. In a major economic speech in Chicago, Biden said his administration’s efforts were …

With eye towards 2024, Biden touts ‘Bidenomics’ economic strategy
1 year, 5 months ago

With eye towards 2024, Biden touts ‘Bidenomics’ economic strategy

Al Jazeera  

The economic platform is set to be a centrepiece of Biden’s reelection bid, with its focus on middle-class gains. Some observers have noted the rollout of “Bidenomics” appears to be part of a wider attempt to unify Biden’s legislative victories into a more coherent ideology, emphasising middle-class gains. Some foreign policy analysts have also noted Biden’s policies have at times …

Biden is eager to run on the economy — ‘Bidenomics’ — but voters have their doubts
1 year, 5 months ago

Biden is eager to run on the economy — ‘Bidenomics’ — but voters have their doubts

Associated Press  

WASHINGTON — President Joe Biden is eager to take full political ownership of the U.S. economy — a reflection of the White House belief that inflation is fading, job growth is solid and voters need to know about it. For him, there’s a happy confluence of the coming 2024 reelection campaign and a favorable turn in recent economic data, leading …

Biden pushes econ policy as Trump indictment gets attention
1 year, 8 months ago

Biden pushes econ policy as Trump indictment gets attention

Associated Press  

FRIDLEY, Minn. — President Joe Biden ventured to suburban Minneapolis on Monday to talk about factory jobs and contrast his agenda with “the last guy who had this job.” The “last guy,” as Biden calls Donald Trump, was simultaneously touching down in New York to become the first former president to be arrested. The Biden White House, which has shied …

Biden’s State of the Union to tout policy wins on economy
1 year, 10 months ago

Biden’s State of the Union to tout policy wins on economy

Associated Press  

WASHINGTON — President Joe Biden will use his second State of the Union address on Tuesday to remind Americans of how their lives have been improved over his first two years in office, as he tries to confront pessimism in the country and navigate the tricky politics of a newly divided Washington. “Next week, I’ll be reporting on the state …

Biden sees economy avoiding recession, but risks remain
2 years ago

Biden sees economy avoiding recession, but risks remain

Associated Press  

WASHINGTON — President Joe Biden assured Americans on Friday that the U.S. economy is chugging along in the holiday season, but the very strength of a new jobs report showed that high inflation remains a recession threat. “I’ve supported paid sick leave for a long time,” said the president, a staunch labor union supporter. “I’m going to continue that fight …

Will Bidenomics win the battle for the American working class?
2 years, 1 month ago

Will Bidenomics win the battle for the American working class?

Live Mint  

That high inflation can be a voting decisions influencer is understood in India. The polls ahead of the upcoming US midterms and the Senate candidates picking up the mood report that rising prices are on the minds of American voters, and — combined with the low approval ratings for President Joe Biden — could even make Democrats lose control of …

Biden claims economic growth is up and inflation is down
2 years, 1 month ago

Biden claims economic growth is up and inflation is down

Daily Mail  

Itinerary suggests Democrats are trying to shore up seats that should be safe As President Joe Biden launched a final four-state campaign sprint on Thursday to boost struggling Democrats ahead of the midterms, he fired back at a key GOP criticism that the economy has lagged under his watch. As Biden launched a final campaign sprint on Thursday to boost …

Biden touts infrastructure investments as US midterm vote looms
2 years, 2 months ago

Biden touts infrastructure investments as US midterm vote looms

Al Jazeera  

Amid Republican criticism of US spending, president promotes economic programmes in battleground state of Pennsylvania. US President Joe Biden has underscored his administration’s efforts to strengthen the country’s ageing infrastructure as he pushes to boost Democrats’ prospects ahead of crucial midterm elections next month. Standing by a partially rebuilt bridge that collapsed in January in Pittsburgh, Pennsylvania, Biden said on …

Biden preaches patience to voters spooked by economic tumult
2 years, 2 months ago

Biden preaches patience to voters spooked by economic tumult

Associated Press  

WASHINGTON — When it comes to reassuring Americans about an economy that’s an election-year challenge for his party, President Joe Biden is telling the country to hold on. With GOP ads citing inflation and high gas prices, there is growing pressure for the White House to address the public’s concerns about the economy before Election Day. Jason Furman, who led …

Biden shrugs off recession talk, talks up fighting inflation
2 years, 4 months ago

Biden shrugs off recession talk, talks up fighting inflation

Associated Press  

WASHINGTON — President Joe Biden and his administration went all out Thursday to play down a troubling new economic report that added to the evidence of a recession, trying to pull focus instead to major legislative progress on measures to tame inflation, reduce debt and preserve America’s competitive edge. Republicans said the report showing the economy shrank for the second …

Biden says recession ‘not inevitable’ as Fed looks to raise interest rates to curb inflation
2 years, 6 months ago

Biden says recession ‘not inevitable’ as Fed looks to raise interest rates to curb inflation

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Joe Biden told the Associated Press that a recession is …

More bad news for Biden: More Americans are blaming him for the state of the economy
2 years, 7 months ago

More bad news for Biden: More Americans are blaming him for the state of the economy

CNN  

CNN — Sometimes understanding political opinion is complicated. You’d have to go back a little over 10 years to find as many Americans saying the economy was in as bad shape. But what’s different today is that a clear majority of Americans, according to our latest poll, believe Biden’s economic policies have worsened the shape of the economy. But when …

Analysis: The US economy shrank and that’s disastrous for Democrats’ 2022 chances
2 years, 7 months ago

Analysis: The US economy shrank and that’s disastrous for Democrats’ 2022 chances

CNN  

CNN — The news that the US economy unexpectedly shrank over the first quarter of the year is an absolute body blow to Democrats already reeling amid growing economic concerns ahead of the 2022 midterm election. Video Ad Feedback 'We really shouldn't panic': CNN reporter breaks down US economy shrinkage 01:32 - Source: CNN And Gallup’s Economic Confidence Index, which …

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