The US economy is doing well. President Biden wants to know why so many Americans are still feeling bad
The US economy is doing well. President Biden wants to know why so many Americans are still feeling bad
By many metrics, the US economy is humming along. The jobs market is robust; consumers are spending again; and inflation has eased to a three-year low.
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This is the same as when Trump says the economy is great, its just great for stockholders. Biden knows this, hell half the people he's speaking to know this but will believe him anways. It's okay though, next time a republican is elected they'll go back to remembering that 'the economy' is just code for rich peoples investments. But not a moment before then, because they're utterly terrified of critisizing Democrats.
I dunno. I don't really think they're connecting it. All of the messaging I'm seeing is around "hey. We did a great thing. Why aren't more people cheering us on?"
Biden has just started to go after food gouging, but hasn't really done anything about companies like Black Rock buying up all the housing and jacking up the rental and real estate markets.
But who knows. It's messaging from the white house, so it may or may not be misguided.