All articles tagged with #biden economy
The White House criticized the revised US jobs data, claiming it proves Biden's economy is a disaster and the BLS is unreliable, while also criticizing Fed Chair Powell for being too late to act, amid ongoing political tensions and data manipulation accusations.
"The View" co-host Alyssa Farah Griffin clashed with her fellow moderators, including Whoopi Goldberg, over the challenges of homeownership in the Biden economy, with Goldberg asserting that young people need to work and save to afford a house. The heated debate highlighted differing perspectives on economic struggles among young Americans and sparked social media backlash.
Former Trump official and Fox Business host Larry Kudlow has admitted that his prediction of a recession under President Joe Biden was wrong, after previously slamming Biden and making the prediction.
Voters are expressing negative sentiment about the economy under President Biden, despite positive economic indicators such as job growth and declining unemployment rates. Experts are puzzled by this disconnect, with some attributing it to the disruptive and confusing nature of the pandemic. While economists argue that the economy is strong, polls consistently show that Americans are concerned about inflation, higher prices, and the overall state of the economy. Major media outlets have defended Biden's economic policies and questioned voter anxieties, but the majority of voters remain unconvinced.
Fox News host Laura Ingraham criticizes President Biden's handling of the economy, highlighting rising costs of groceries, used cars, and rent. She cites reports from Bloomberg and The Atlantic, which discuss the unaffordability of housing and the decline in belief in the American dream. Ingraham argues that even the media, typically friendly towards Biden, can no longer avoid reporting the truth about the struggling economy.