joe-biden-message-of-patience-as-voters-are-buffeted

When it comes to reassuring Americans about an economy that’s an election-year challenge for his party, President Joe Biden is telling the country to hold on. It’s a message of patience as voters are buffeted by persistent inflation, fears of a recession and the prospect of rising energy prices in the closing weeks of the campaign season when they will determine the fate of vulnerable Democrats and control of Congress. The $25 trillion-plus economy is veering in two radically different directions. Joe Biden preaches patience to voters spooked by economic tumult https://issuetracker.google.com/issues/252673802 https://issuetracker.google.com/issues/252678744 https://issuetracker.google.com/issues/252678746 https://issuetracker.google.com/issues/252676016 https://issuetracker.google.com/issues/252676018 https://issuetracker.google.com/issues/252673700 https://issuetracker.google.com/issues/252679505 https://issuetracker.google.com/issues/252678751 https://issuetracker.google.com/issues/252678752 https://issuetracker.google.com/issues/252680528 https://issuetracker.google.com/issues/252679509 https://issuetracker.google.com/issues/252678755 https://issuetracker.google.com/issues/252680529 https://issuetracker.google.com/issues/252678757 https://issuetracker.google.com/issues/252680530 https://issuetracker.google.com/issues/252679513 https://issuetracker.google.com/issues/252678759 https://issuetracker.google.com/issues/252679514 https://issuetracker.google.com/issues/252678761 https://issuetracker.google.com/issues/252680533 https://issuetracker.google.com/issues/252680535 https://issuetracker.google.com/issues/252680536 https://issuetracker.google.com/issues/252684750 Growth has fallen for two straight quarters, raising the specter of recession. But job gains have rolled on, including 263,000 more in September as a sign of economic health. Nonetheless, the latest jobs report sent stocks plummeting Friday on renewed worries that the Federal Reserve will have to continue aggressive interest rate increases to temper rising consumer prices. https://issuetracker.google.com/issues/252683187 https://issuetracker.google.com/issues/252684545 https://issuetracker.google.com/issues/252684751 https://issuetracker.google.com/issues/252684752 https://issuetracker.google.com/issues/252684753 https://issuetracker.google.com/issues/252683190 https://issuetracker.google.com/issues/252683191 https://issuetracker.google.com/issues/252684755 https://issuetracker.google.com/issues/252683192 https://issuetracker.google.com/issues/252683193 https://issuetracker.google.com/issues/252683197 https://issuetracker.google.com/issues/252683199 https://issuetracker.google.com/issues/252683201 https://issuetracker.google.com/issues/252684760 https://issuetracker.google.com/issues/252684762 https://issuetracker.google.com/issues/252684552 https://issuetracker.google.com/issues/252688325 https://issuetracker.google.com/issues/252683202 https://issuetracker.google.com/issues/252684553 https://issuetracker.google.com/issues/252684554 https://issuetracker.google.com/issues/252688330 https://issuetracker.google.com/issues/252688331 https://issuetracker.google.com/issues/252684559 https://issuetracker.google.com/issues/252688310 Biden argued that the newest numbers are solid and have slowed in recent months in a way that points toward inflation easing. Major oil-producing countries led by Saudi Arabia and Russia dealt him a “disappointment” with their decision last week to cut production, but the U.S. government forecasts that domestic output should increase by an average of roughly 840,000 barrels a day next year. https://issuetracker.google.com/issues/252688316 https://issuetracker.google.com/issues/252691726 https://issuetracker.google.com/issues/252688317 https://issuetracker.google.com/issues/252688318 https://issuetracker.google.com/issues/252688342 https://issuetracker.google.com/issues/252691728 https://issuetracker.google.com/issues/252688320 https://issuetracker.google.com/issues/252688343 https://issuetracker.google.com/issues/252700684 https://issuetracker.google.com/issues/252700685 https://issuetracker.google.com/issues/252699272 https://issuetracker.google.com/issues/252699274 https://issuetracker.google.com/issues/252700686 https://issuetracker.google.com/issues/252699197 https://issuetracker.google.com/issues/252700691 https://issuetracker.google.com/issues/252699278 https://issuetracker.google.com/issues/252700693 https://issuetracker.google.com/issues/252699281 https://issuetracker.google.com/issues/252701905 https://issuetracker.google.com/issues/252700696 https://issuetracker.google.com/issues/252702024 https://issuetracker.google.com/issues/252701913 Speaking at a Volvo drivetrain factory in Hagerstown, Maryland, Biden tried to make the case once more that lots more factory jobs were on the horizon. https://issuetracker.google.com/issues/252702450 https://issuetracker.google.com/issues/252702452 https://issuetracker.google.com/issues/252702454 https://issuetracker.google.com/issues/252702458 https://issuetracker.google.com/issues/252702041 https://issuetracker.google.com/issues/252702459 https://issuetracker.google.com/issues/252703267 https://issuetracker.google.com/issues/252703704 https://issuetracker.google.com/issues/252703270 https://issuetracker.google.com/issues/252703272 https://issuetracker.google.com/issues/252703273 https://issuetracker.google.com/issues/252703275 https://issuetracker.google.com/issues/252703725 https://issuetracker.google.com/issues/252703715 https://issuetracker.google.com/issues/252703730 https://issuetracker.google.com/issues/252703720 https://issuetracker.google.com/issues/252703278 https://issuetracker.google.com/issues/252703279 https://issuetracker.google.com/issues/252703282 https://issuetracker.google.com/issues/252703723 “This is the progress we need to see,” the president said. “In the short term, the transition to a more stable growth that continues to deliver for workers and families while bringing inflation down. In the long term, the economy built on a firmer foundation. We still have a lot of work to do. We’re building a different economy than before, a better one, a stronger one.” https://issuetracker.google.com/issues/252705447 https://issuetracker.google.com/issues/252705449 https://issuetracker.google.com/issues/252705043 https://issuetracker.google.com/issues/252705826 https://issuetracker.google.com/issues/252705829 https://issuetracker.google.com/issues/252705452 https://issuetracker.google.com/issues/252705886 https://issuetracker.google.com/issues/252705889 https://issuetracker.google.com/issues/252705835 https://issuetracker.google.com/issues/252705837 https://issuetracker.google.com/issues/252705839 https://issuetracker.google.com/issues/252705841 https://issuetracker.google.com/issues/252705891 https://issuetracker.google.com/issues/252706765 https://issuetracker.google.com/issues/252706766 https://issuetracker.google.com/issues/252706771 https://issuetracker.google.com/issues/252705895 https://issuetracker.google.com/issues/252706849 https://issuetracker.google.com/issues/252706773 https://issuetracker.google.com/issues/252706852 https://issuetracker.google.com/issues/252706853 Yet polls show Biden consistently with poor marks for his handling of the economy, and people in the United States broadly view the country as headed in the wrong direction https://issuetracker.google.com/issues/252706775 https://issuetracker.google.com/issues/252706855 https://issuetracker.google.com/issues/252706857 https://issuetracker.google.com/issues/252706859 https://issuetracker.google.com/issues/252707706 https://issuetracker.google.com/issues/252705444 https://issuetracker.google.com/issues/252705024 https://issuetracker.google.com/issues/252703733 https://issuetracker.google.com/issues/252704848 https://issuetracker.google.com/issues/252705031 https://issuetracker.google.com/issues/252703737 https://issuetracker.google.com/issues/252704851 https://issuetracker.google.com/issues/252703740 https://issuetracker.google.com/issues/252705032 A September poll from The Associated Press-NORC Center for Public Affairs Research found just 38 percent of those surveyed approve of Biden’s economic leadership. Twenty-nine percent of U.S. adults said the economy is in good shape, while 71 percent say it’s doing poorly. That was better than in June, when 20 percent said conditions were good and 79 percent said they were bad. https://issuetracker.google.com/issues/252700702 https://issuetracker.google.com/issues/252702028 https://issuetracker.google.com/issues/252702444 https://issuetracker.google.com/issues/252701915 https://issuetracker.google.com/issues/252701916 https://issuetracker.google.com/issues/252702446 https://issuetracker.google.com/issues/252702447 https://issuetracker.google.com/issues/252701918 https://issuetracker.google.com/issues/252701920 https://issuetracker.google.com/issues/252688311 https://issuetracker.google.com/issues/252688338 https://issuetracker.google.com/issues/252688312 https://issuetracker.google.com/issues/252688315 https://issuetracker.google.com/issues/252691725 While Biden is not on the ballot Nov. 8, Democratic candidates are facing relentless criticism from Republicans who want to make the election a referendum on the president’s performance. With GOP ads citing inflation and high gas prices, there is growing pressure for the White House to address the public’s concerns about the economy before Election Day. Jason Furman, who led the White House Council of Economic Advisers under President Barack Obama, said the jobs numbers were a political win for Biden, but also a warning of the economic hardship to come as the Fed faces pressure to raise rates to tackle inflation. https://play.acast.com/s/6343fea2081c4a00122995f2 https://play.acast.com/s/6343edbc898b25001137be23 https://play.acast.com/s/6343fa50296bae001159b3e5 https://play.acast.com/s/6343fbc04ad9a70012f6861b https://play.acast.com/s/6344011063f3940011e7bd26 https://play.acast.com/s/63440298898b25001137ddbb https://play.acast.com/s/634403aa4ad9a70012f69304 https://play.acast.com/s/634405334ad9a70012f6952b https://play.acast.com/s/634406be71ca7a0012e0e9ba https://play.acast.com/s/63440850da082d0012ae8cb1 https://play.acast.com/s/63440e25dff77b001182f361 https://play.acast.com/s/63441177cb8dab00113f14dc https://play.acast.com/s/63416a871fa9290012f0d713 https://play.acast.com/s/63417ec1e5427800125eed82 https://play.acast.com/s/634181b7e5427800125ef22a https://play.acast.com/s/63418333a4fccb0011cfb4e0 “The price level is still high and headline inflation is likely to have picked up every month from July through October due to the dynamics of gas prices,” Furman said. Curtailing that, he said, “unfortunately will take a lot of time, and potentially a lot of pain, for them to succeed.” Nowhere is Biden’s messaging challenge more pronounced than on gas prices. https://ideone.com/BwnDAP https://pasteio.com/xitQFerLPPbf https://bitbin.it/RSyUJRxM/ https://controlc.com/e6c2c7aa https://paste2.org/VcE4346x https://pst.klgrth.io/paste/tx8mx http://paste.jp/8ae2fdc4/ https://pastelink.net/xv42xt2n https://www.wowace.com/paste/b8584e56 https://textbin.net/2jvxvmapzk http://th.cpp.sh/93o3j https://dotnetfiddle.net/eYYxl4 https://paiza.io/projects/EVyEPqJYZcSd_1g1CTsNrA?language=php https://p.teknik.io/xTDzT https://geany.org/p/Xsine/ https://ide.geeksforgeeks.org/d77023e8-e7f8-4f6b-9f94-1f30e4b41c52 https://pastebin.com/7L74xpDJ https://jsitor.com/9oM65hgXM https://jsfiddle.net/qkcdzut3/ https://coliru.stacked-crooked.com/a/3e805ca7ceabcdc3 http://th.cpp.sh/3nftp https://dotnetfiddle.net/pxWNZD https://paiza.io/projects/esrvicP4HSshy6SBCHvmKg?language=php https://v.teknik.io/v/NISaZ https://geany.org/p/UB2kn/ https://ide.geeksforgeeks.org/8a445f37-4a22-4f4c-952e-5bbd5665921a https://pastebin.com/im6BLyen https://jsitor.com/qryuwvjqk https://jsfiddle.net/v3anpw62/ https://coliru.stacked-crooked.com/a/3897bce93d4ad883 For 99 straight days, the White House highlighted declining prices after their peak in June. But they started ticking up last month, and they have shot up more since OPEC and its partners announced severe production cuts Wednesday. The U.S. national average is now $3.91 a gallon, according to AAA. That’s below the June high of $5.02, but higher than a month ago ($3.74) and a year ago ($3.27). https://westseattleblog.com/forums-2/users/biden-when-it-comes-to-reassuring-americans/ https://mymediads.com/marketing_articles/158343 https://loop.frontiersin.org/people/2047141/bio At the end of March, Biden ordered the release 1 million barrels of oil a day for six months from the U.S. strategic reserve to help lower prices. The White House now says the administration is weighing further releases to offset the OPEC cuts. It has also tried to shame oil companies into increasing production and cutting their profit margins. Meanwhile, the Fed expects that bringing inflation closer to the central bank’s target of no more than 2 percent a year — it was 8.3 percent higher in September than a year earlier — will require a contraction in the labor market that could put at least a million people out of work. Fed officials indicated last month that the unemployment rate would climb next year to 4.4 percent — up nearly a full percentage point — if inflation were to fall below 3 percent. The hiring Biden that cheered on Friday might soon give way to losses. OPEC’s production cut could mean that it will be even harder to lower inflation, with more expensive gas requiring the Fed to take more drastic measures to bring down prices, costing even more jobs. Investment bank Goldman Sachs on Thursday suggested that oil prices will reach $110 a barrel toward the end of this year, compared with its prior forecast of $100 a barrel. That would translate into higher prices at the pump and has given Republicans more evidence to say he’s put the economy at risk. “The president is in denial that America is experiencing a dangerous wage-price spiral that will drive high inflation for years, that we are in stagflation, and that we are either in, or on the verge of, a harsh recession — all that he created by bungling the recovery,” said Texas Rep. Kevin Brady, the top Republican on the tax-writing House Ways and Means Committee.