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The Hill’s Morning Report — Biden, GOP fish for votes with economic bait President Biden on Thursday sharpened his warnings to voters: If Republicans are in charge in Congress, GOP “trickle-down” economic policies will raise costs for American families and “make inflation worse.” “When I took office, the economy was in ruins,” he said during…
Why the GDP rebound isn’t soothing recession concerns U.S. economic growth rebounded sharply during the third quarter, according to data released by the Commerce Department on Thursday, rising at an annualized rate of 2.6 percent and proving that the U.S. has avoided a recession thus far. But beneath a strong headline number were several warning…
“‘So little of it has kicked in’” Former Democratic US senator and comedian Al Franken slammed his own party for doing little to reduce inflation despite passing its signature Inflation Reduction Act. “The unfortunately named Inflation Reduction Act — unfortunately, mainly because so little of it has kicked in and we are not seeing inflation…
“Thirty years later, voters are still telling us it’s about the economy stupid!” It was 30 years ago that Bill Clinton’s presidential campaign manager James Carville got so tired of answering the question “What is this election about?” that he placed a sign on his desk: “It’s the ECONOMY, Stupid!” Truer words were seldom spoken. …
“MSNBC’s Ali Velshi claims ‘great inflation myth’ is GOP tactic to slam Biden” MSNBC anchor Ali Velshi argued that Republicans have created a “great inflation myth” to falsely paint President Biden and other Democrats as responsible for decades-high inflation ahead of critical midterm elections. Velshi made the point during an interview with Democratic Rep. Brenda…
The old problem with the young: Biden courts elusive voting bloc President Biden is aggressively pursuing younger voters, leaning into the issues of reproductive rights and student loan forgiveness in an effort to drive to the polls a bloc that traditionally sees lower turnout. “Historically we’ve had a problem with younger voters falling off during…
Democrat Beasley looks to close gap with Budd in North Carolina CHARLOTTE, N.C. — Democratic candidate Cheri Beasley is working furiously to close a gap with Rep. Ted Budd (N.C.) in a sleeper of a North Carolina Senate race that both sides see as a close race. Budd is ahead, but polls show a tight…
Democracy in peril argument fizzles as midterm issue Threats to U.S. democracy highlighted by the House Jan. 6 select committee’s blockbuster hearings are fizzling as a midterm election issue, drowned out by inflation and other economic concerns that appear to be driving voters in the final weeks of the campaign. While the committee examining the…
Biden touts federal deficit: ‘Largest one-year drop in American history’ President Biden on Friday touted recent figures showing the federal budget deficit fell by $1.4 trillion in fiscal year 2022 from the prior year’s levels, as Democrats work to fend off Republican attacks on the economy and inflation ahead of midterm elections. Biden boasted the…
” 3 historically accurate Bitcoin on-chain metrics are flashing ‘bottom’ “ Bitcoin (BTC) and other riskier assets slipped on Oct. 21 as traders scrutinized macro indicators that suggest the Federal Reserve would continue to hike rates. Nonetheless, the BTC/USD pair remains rangebound inside the $18,000–$20,000 price range, showing a strong bias conflict in the market….