No, not Lieberman
Only a fraction of American adults are stock investors, but it’s a large fraction (61%). Many of the more heavily invested will be cashing dividend checks while claiming the economy has gone bust under Joe Biden. So it goes.
The news has yet to trickle down to others that, yeah, people’s lives are improving under Joe Biden, as Michael Tomasky wrote this week:
Politico and Morning Consult asked respondents a series of questions about all the major economic legislation Biden has signed. Majorities know little or nothing at all about the infrastructure bill, the CHIPS act, the American Rescue Plan, and the Inflation Reduction Act. And get this: While 40 percent said Biden has done more than Trump on infrastructure, 37 percent said Trump had done more. In January, NBC found that Trump has a 22-point advantage over Biden on the question of whom voters trust more with the economy—up 15 points from the same poll in 2020.
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It’s largely a media problem. The chunk of the country (and it’s a large chunk) for whom “the media” means Fox News, their local Sinclair affiliate, and maybe a right-wing talk radio station will never hear that Biden did anything good. Instead, they’ll often hear lies, or gross distortions of the truth, or pitiful excuses that lead them to draw false conclusions.
An MSNBC commenter just remarked that Trump and his supporters will be taking credit for the Dow hitting 40,000 for the first time. The Market (bless its holy name) is chalking up records in anticipation of Trump being president one year from now, dontcha know.
Business Insider explains that “inflation is keeping the cost of living high in many US cities, and astronomical home prices are preventing aspiring homeowners from buying.” Some gotta accentuate the negative.
With the election six months away, Business Insider looked at President Joe Biden and former President Donald Trump’s plans for eight major economic categories that affect Americans’ daily lives: domestic manufacturing, higher education, healthcare, housing, labor, taxes, tariffs, and trade.
“President Biden is going to keep fighting for working families — lowering the costs of prescription drugs, housing, and childcare; investing in our future; supporting workers and small businesses; and making sure big corporations and the wealthy to pay their fair share,” Lael Brainard, the director of the National Economic Council, told BI in a statement.
Business Insider reached out to Trump’s campaign team but didn’t receive a response.
Trump’s been busy facing felony charges.
In case you’ve forgotten:
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