Biden on the economy: 'I don't feel your pain'

President Joe Biden delivers remarks on proposed spending on child care and other investments in the “care economy” during a rally at Union Station, Tuesday, April 9, 2024, in Washington. In 1992, Democratic presidential nominee Bill Clinton famously told the American voters who were hurting because of a lousy economy, “I feel your pain.”Now, President Biden is running for reelection with the opposite message: Stop complaining. Everything is going great.

She might as well have taken out a bullhorn and screamed: Listen up, all you little people: “Bidenomics” is as good as it gets. You’re just going to have to learn to live with 20% higher prices, trillion-dollar deficits, declining purchasing power, schools that don’t teach, crime on the streets, a porous border, and $4-a-gallon gas.

This Grand Canyon divide between the ruling class and Americans in blue-collar jobs or starting careers has seldom been more pronounced. Even former President Barack Obama’s political director, David Axelrod, has warned Mr. Biden to stop hyping an economy that has left more than half of this country behind.It also makes Mr. Biden seem hopelessly out of touch with Main Street America.

Even the job market, which has been strong under Mr. Biden — with more job openings than people looking for work — is showing cracks. Part-time employment is surging and full-time jobs have been negative in the last two months. So hourly wages are rising even as weekly pay is falling.

Source: Financial Digest (financialdigest.net)

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ohio trans candidates spur Democratic bill to protect them, GOP bill they say unfairly targets themReporter at News 5 Cleveland
Source: WEWS - 🏆 323. / 59 Read more »

From the 1992 debut to the latest one in 2023: every M. Night Shyamalan movie, rankedFrom 'The Village,' to 'The Sixth Sense,' and 'Knock at the Cabin' — did your favorite M. Night Shyamalan film get the ranking it deserves?
Source: PhillyInquirer - 🏆 81. / 68 Read more »

8 Biggest Changes Poor Things Makes To The 1992 BookMary Kassel is a Senior Lists Writer at Screen Rant and a contributor to the site&039;s Reviews section as well. Kassel studied film and television in college and emphasizes theory and analysis in their work. Additionally, they focus this analysis on intersectionality and the experience of artists from all walks of life.
Source: screenrant - 🏆 7. / 94 Read more »

1992 Acura NSX Unearthed After Hiding 30 Years In StorageThis 2,002-mile NSX has been parked in a heated garage for over 30 years and now it's finally ready to get back out into the world
Source: Carscoop - 🏆 306. / 63 Read more »

Argentina Court Holds Iran and Hezbollah Responsible for 1992 and 1994 BombingsThe Cassation Court in Argentina has officially declared Iran and Hezbollah responsible for the 1992 bombing of the Israeli embassy in Buenos Aires and the 1994 bombing of the Argentine-Israeli Mutual Association (AMIA). The court describes Iran as a 'terrorist state' and considers both attacks as crimes against humanity. It urges the Argentine state to file a formal complaint against Iran at international courts and calls for a reform in Argentine law to allow in-absentia trials for the suspects.
Source: BreitbartNews - 🏆 610. / 51 Read more »

TMI Products Announces New Interior Parts for 1982–1992 Camaros and FirebirdsInteriors in ’80s cars were crap. Finally, you can spruce your F-body up in a big way with new parts from TMI Products.
Source: MotorTrend - 🏆 230. / 63 Read more »