The US economy is growing rapidly with favorable conditions for workers, but despite this, many Americans feel pessimistic about the economy due to inflation and high prices, which are driven by complex global forces and not solely under the control of President Biden or Trump. Housing affordability is also a major concern. However, the Biden administration can still tout the economic recovery, with low unemployment and strong economic growth forecasts.
Despite signs of declining U.S. inflation, a majority of Americans, particularly those living in rural areas, are experiencing higher grocery prices under President Biden's economic policy, known as Bidenomics. Concerns about inflation and reliance on partisan news contribute to the perception of economic challenges, despite reports of a strong U.S. economy.
Economists discuss the state of the U.S. economy, effects of Bidenomics, inflation outlook, and more.
China's economic difficulties can be attributed to its reliance on authoritarianism and central planning, which has led to wasted capital, labor, and diverted efforts, creating significant problems and holding back the economy. The Biden administration's adoption of industrial policies and top-down planning in its economic scheme, known as "Bidenomics," bears similarities to China's flawed approach.
US President Joe Biden will discuss various global issues, including the social effects of the Russia-Ukraine war and climate change, at the G20 Summit, reaffirming the US commitment to the forum as the premier platform for economic cooperation, according to White House press secretary Karine Jean Pierre.
Former President Donald Trump's policies were deemed effective by podcaster Joe Rogan due to unemployment rates decreasing, business growth, relaxed regulations, and more things getting done, while President Joe Biden's administration has seen a continued economic recovery and a different focus on regulations and clean energy.
President Biden highlighted job growth and took a dig at former President Trump, stating that America is now in one of the strongest job-creating periods, contrasting it with Trump's presidency where he left with fewer jobs than when he entered.
President Joe Biden criticized his likely 2024 rival, Donald Trump, in a Labor Day speech aimed at winning support in Pennsylvania, emphasizing job growth under his own administration compared to Trump's.
U.S. President Joe Biden plans to offer financial support to developing countries in Africa, Latin America, and Asia as an alternative to China's Belt and Road project, taking advantage of Chinese President Xi Jinping's absence at the G20 meeting and China's economic downturn.
Despite positive economic growth and low unemployment rates, several major indicators suggest that the American economy under President Joe Biden is heading towards a recession, with high government deficit numbers indicating possible overspending to prevent a recession before the 2024 election.
President Joe Biden is seeking to counter China's influence in the developing world through high-profile meetings during his trip to India and Vietnam, emphasizing that the US is a trustworthy partner without wanting a new Cold War, but signs of geopolitical fractures remained evident.
President Joe Biden warns that Republican-backed spending cuts could negatively impact the U.S. economy and voters as the deadline for a possible government shutdown approaches.
President Biden delivers a speech defending his economic policies and criticizing Republican tax plans, as polls show disapproval of his handling of the U.S. economy.
Amidst an impeachment inquiry and the indictment of his son, President Joe Biden remains focused on his work and is dedicated to delivering for the American people.
Despite the positive impact of Biden's economic agenda, Americans are still skeptical about the state of the economy, partly because the benefits of the agenda are not always visible or well-known.
President Joe Biden is facing a challenging week as he confronts economic, political, and personal issues, including an autoworkers' strike, an impeachment inquiry, rising gas prices, his son's indictment, and a potential government shutdown.
The Biden administration's economic policies, known as "Bidenomics," have led to inflation and a decrease in median household income, causing American families to lose ground economically. The media's focus on the poverty rate ignores the negative impact of government welfare programs and inflation on Americans' financial well-being.
President Joe Biden, known for his support of unions, has thrown his full support behind the United Autoworkers in their strike against Stellantis, Ford, and General Motors, as he seeks to maintain the support of union workers in Rust Belt states crucial to his reelection in 2024.
U.S. President Joe Biden, 80, acknowledged concerns about his age but emphasized that he is running for re-election because democracy is at stake and he will always defend it, while also criticizing former President Donald Trump and his MAGA Republicans for their intentions to destroy American democracy.
A new survey shows that President Biden's claim of improving the economy is not resonating with American voters, with more than twice as many feeling worse off than better off since the pandemic, potentially impacting his chances in the 2024 election.
President Joe Biden criticizes House Republicans for failing to reach a deal to fund the government, warning of a potential shutdown and reminding them of the consequences of the last shutdown in which 800,000 government workers were furloughed without pay.
