Vice President JD Vance recently addressed economic concerns, acknowledging that housing and grocery prices are too high. Despite the timing, Vance attributed the issue to the “disastrous Biden economy,” even though the Trump administration has been in power for over eight months. This statement was made amidst concerns about the struggling U.S. economy and a surge in popularity for Democratic New York mayoral hopeful Zohran Mamdani. Recent data revealed inflation rose 0.4 percent in August and 2.9 percent in the past 12 months.
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Burnett asks Biden how he is going to turn the economy around. He said he already has. This question, while seemingly straightforward, holds a lot of weight and complexity. Reflecting on the current economic situation, it’s undeniable that Biden inherited a mess – a clusterf$&@ of challenges, from the aftermath of the pandemic to the repercussions of previous administration policies. The bar was set low, to say the least. And yet, looking at the progress made, it’s clear that Biden has done remarkably well with what he was given to work with.
Digging deeper, it’s important to acknowledge the steps taken by the Biden administration in steering the economy in the right direction.… Continue reading
John Q. Hosedrinker