Burnett asks Biden how he is going to turn the economy around. He said he already has | CNN Politics
www.cnn.com
CNN’s Erin Burnett asks President Joe Biden about how he is going to combat inflation and improve the economy before election day 2024.
  • @spaphy@lemmy.ml
    12•2 months ago

    IMO all I’ve seen are massive layoffs in tech so, I’m all set with what Biden is offering. There was no attempt to fix the actual problem with student loans which is that they’re a broken system, he just forgave a portion of the people who had issues today, which means we’ll have the same issues later again.

    Trump was only better in the sense that at the time his economy was great to get a job in, in tech, in the US.

    • @itsonlygeorge@reddthat.com
      1•2 months ago

      There was no attempt to fix the actual problem with student loans which is that they’re a broken system

      The student loan debts relief plans were all shot down by republicans and the ultra right wing supreme court.

      Any actual fixes need to be passed by congress, any meaningful legislation is categorically opposed by republicans and their corporate interests. Even with a democratic majority, the republicans abuse the filibuster and procedural blocks to avoid passing any legislation.

      Trump was only better in the sense that at the time his economy was great to get a job in, in tech, in the US.

      Trump inherited a prosperous economy from Obama and managed to rack up the largest deficit in history via his tax cuts and refusal to fully staff or fund various government agencies. Including the NSC Pandemic Early Warning program that existed to provide critical supplies and logistics 2 months before the Covid19 pandemic!

      On top of that, he printed trillions of dollars in relief checks WITH HIS FUCKING NAME ON THEM! That has led to inflation and corporate price gouging!

      Trumps tax cuts are now starting to come into effect for the middle class and will continue into the next president’s term as they will continue to increase the deficit and raise taxes on the middle class. Meanwhile, the tax cuts to the wealthiest individuals and corporations are at an all time low, permanently.

      Get your facts straight.

      I may not like Biden, but he has done as best as he can to fix the steaming pile of shit Trump left after his administration. If you are going to blame anyone, it is congress, the Republican controlled courts and local state governments.

      Laws come from the legislative branch, not the president!

      • @spaphy@lemmy.ml
        1•2 months ago

        Bud it’s 2024 you can inherit anything you want from Trump to Biden, but it’s literally the end of his term. Trumps to blame for Covid. Happened on his watch. Bidens to blame for the economy. Happened on his watch.

        Some nice points you make are not lost on me. But there comes a time where you have to take things at face value.

  • ian
    6•2 months ago

    I think that most people that think the economy is bad are in a bad situation themselves or are just parroting what they’ve heard on tv. By almost every economic metric the us economy is in good shape. Other than inflation but I don’t think any president is going to fix that in one term