US Economy

Burnett asks Biden how he is going to turn the economy around. He said he already has

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

Don’t like this economy? OK, just wait for Trump and the GOP to ruin it: Authoritarians always screw up the economy — come to think of it, GOP presidents have done that for decades

As I sit here reflecting on the state of the economy and the role that authoritarian leaders like Trump and the GOP have played in shaping it, I can’t help but feel a sense of frustration and worry. It is a well-known fact that Republican presidents have a history of mismanaging the economy, leaving behind massive deficits and debt that burden future administrations. From Reagan to Bush II, and now Trump, the pattern is clear: tax cuts for the wealthy, reckless spending on wars and pet projects, and a blatant disregard for the well-being of the middle and working class.

I find it utterly perplexing that some people still believe in the false narrative that Republicans are better for the economy.… Continue reading

The US economy added 353,000 jobs in January, starting off 2024 with a bang | CNN Business

The US economy added an impressive 353,000 jobs in January, marking a strong start to 2024. As I scroll through Reddit posts, I see many people expressing frustration and uncertainty about finding employment. However, it is important to dig deeper into the sectors that are experiencing significant growth.

One key sector that is contributing to the job surge is healthcare, with approximately 33% of the added jobs in this field. As someone who works in hospice care, I can attest to the constant need for healthcare professionals. In fact, I receive job offers almost every week, highlighting the high demand in this sector.… Continue reading