Biden touts his economic record in fiery speech: ‘Guess what – Bidenomics is working’
President Joe Biden touted his economic record amid continuing dissatisfaction among Americans with the state of the US economy by saying his policies have proven effective. Mr Biden delivered a fiery speech on Wednesday in Chicago where he sought to flip a term that the Wall Street Journal outlets have used against him--Bidenomics--into a plus. “I didn’t come up with the name,” he said. “I think it’s a plan I’m happy to call Bidenomics.” The president, who is seeking re-election in 2024, said that the US economy has largely recovered from the recession caused by the Covid-19 pandemic and had sought to refute Republican economics. “Guess what? Bidenomics is working,” he said to applause. “When I took office, the pandemic was raging and the economy was reeling. Supply chains were broken. Millions of people were unemployed.” Despite low unemployment, many Americans continue to see inflation as a top priority. A survey from the Pew Research Center last week showed that 52 per cent of Democrats and 77 per cent of Republicans say inflation is still a “very big problem.” Mr Biden sought to soothe those concerns by saying he continues to prioritise lowering prices and noted how inflation is less than half of what it was one year ago. “Bringing down inflation remains one of my top priorities today,” he said. Mr Biden also mentioned the progress that his signature Inflation Reduction Act has made, such as allowing Medicare to negotiate drug prices. “We’ve been trying to get this done for decades and this time we finally beat big pharma for the first time,” he said. Read More Watch as Biden makes statement on economic policy in Chicago Cambodian leader Hun Sen, a huge Facebook fan, says he is jumping ship to Telegram Paul Ryan says Trump is only Republican candidate who would lose to Biden in 2024
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MLB Rumors: Braves moves, Scherzer trade match, would Cards bench Waino?
MLB Rumors: The Atlanta Braves have pitching help on the way, Max Scherzer has a trade match if the New York Mets sell, and Adam Wainwright going to the bench?MLB rumors: Who needs a trade? More pitching help is coming for Atlanta BravesThe Atlanta Braves have to be considered the favorites to r...
1970-01-01 08:00
Travelers says changes are coming to TPC River Highlands after complaints over low scores
Changes will be made to the TPC River Highlands golf course after record low scoring last week during the PGA Tour's annual Travelers Championship
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US public debt burden to rise to 181% of GDP by 2053, CBO projects
WASHINGTON The U.S. public debt burden will reach 181% of economic output in 2053, the Congressional Budget Office
1970-01-01 08:00
3 realities Cardinals fans need to accept and 1 fantasy that may yet come true
It's been a tough season for the St. Louis Cardinals, but all may not be lost, as long as fans (and the front office) come to their senses.Changes are coming in St. Louis, perhaps just not the ones that the Cards ought to make. As Ken Rosenthal of The Athletic laid out earlier this week, th...
1970-01-01 08:00
Chelsea keeper Mendy becomes latest Saudi signing
Edouard Mendy joined Al-Ahli on Wednesday as the Senegal goalkeeper became the third player to leave Chelsea for Saudi Arabia since...
1970-01-01 08:00
Colin Cowherd Compares Austin Reaves to Mac McClung, Determines They're 'Basically the Same Player'
VIDEO: Colin Cowherd had the most absurd Austin Reaves comps.
1970-01-01 08:00
Activision CEO says gamers would 'revolt' if 'Call of Duty' were made exclusive
By Greg Bensinger and Diane Bartz SAN FRANCISCO (Reuters) -The chief executive of "Call of Duty" maker Activision Blizzard, Bobby
1970-01-01 08:00
NHL Mock Draft: Connor Bedard No. 1, but who's next?
We've finally arrived. It's NHL Draft day. That said, this isn't an ordinary draft. The collection of players available this summer is exceptional. By now, you likely know all about Connor Bedard, who is all but guaranteed to go to the Chicago Blackhawks with the first overall pick. B...
1970-01-01 08:00
1 deal for each of the biggest stars in NBA trade rumors
Some of the biggest stars in the league keep cropping up in NBA trade rumors, so we found one deal that works for each of them.Although at least one NBA insider has said not to expect Fourth of July fireworks in the NBA trade market, some of the biggest names have been relentlessly mentioned in ...
1970-01-01 08:00
Activision Will Be Jilted if Microsoft Deal Blocked, CEO Kotick Says
Activision Blizzard Inc. will likely abandon a $69 billion takeover bid by Microsoft if the US Federal Trade
1970-01-01 08:00
DOJ targets nationwide health care fraud scheme involving over $2.5 billion
The Justice Department announced a sweeping enforcement effort Wednesday aimed at health care, telemedicine and illegal prescription schemes totaling of $2.5 billion in alleged fraud.
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