#bidenomics — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #bidenomics, aggregated by home.social.
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Ryan Cooper looking back on Bidenomics
'progressive economic policy, if designed well, works great. The government does not have to contort itself to serve the whims of the self-regulating market. Policymakers can reach elbow-deep into the guts of the economy and shove things around...progressive policy does not automatically produce political benefits even if it works. Full employment can easily be taken for granted'
#economics #usPol #bidenomics #labor #economicPolicy
https://prospect.org/2026/04/07/apr-2026-magazine-retrospective-on-bidenomics/
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Ryan Cooper looking back on Bidenomics
'progressive economic policy, if designed well, works great. The government does not have to contort itself to serve the whims of the self-regulating market. Policymakers can reach elbow-deep into the guts of the economy and shove things around...progressive policy does not automatically produce political benefits even if it works. Full employment can easily be taken for granted'
#economics #usPol #bidenomics #labor #economicPolicy
https://prospect.org/2026/04/07/apr-2026-magazine-retrospective-on-bidenomics/
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...with them, & is incompetent. The economy healed with unusual speed; the story never did. When facts lost to vibes, full employment and reindustrialization couldn’t beat inflation-driven anger…
<https://braddelong.substack.com/p/affordability-inflation-and-the-misinformation>
2025-11-07 Fr
#public-reason
#bidenomics
#affordability-inflation-the-misinformation-machine
#how-prosperity-lost-the-plot 2/END -
...with them, & is incompetent. The economy healed with unusual speed; the story never did. When facts lost to vibes, full employment and reindustrialization couldn’t beat inflation-driven anger…
<https://braddelong.substack.com/p/affordability-inflation-and-the-misinformation>
2025-11-07 Fr
#public-reason
#bidenomics
#affordability-inflation-the-misinformation-machine
#how-prosperity-lost-the-plot 2/END -
Well, it worked out so well for the Democrats, didn't it?
These are not serious people, and Rachel Reeves is more unserious than most. Utter clown....
#Bidenomics #UKPOL #UKPolitics #USPOL #RachelReeves #Labour #Immigration #IslandOfStrangers
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Well, it worked out so well for the Democrats, didn't it?
These are not serious people, and Rachel Reeves is more unserious than most. Utter clown....
#Bidenomics #UKPOL #UKPolitics #USPOL #RachelReeves #Labour #Immigration #IslandOfStrangers
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In Biden's first 100 days, he facilitated 200 million vaccination shots. By April 2024 COVID cases were on the decline in over half of U.S. states
The American Rescue Plan in under 100 days, the most significant piece of legislation to benefit working families in the modern history of this country,
American Rescue Plan provided $1,400 stimulus checks (for low income), extra unemployment assistance & delivered $39 billion to states for childcare providers & unemployment hit a low
#bidenomics -
In Biden's first 100 days, he facilitated 200 million vaccination shots. By April 2024 COVID cases were on the decline in over half of U.S. states
The American Rescue Plan in under 100 days, the most significant piece of legislation to benefit working families in the modern history of this country,
American Rescue Plan provided $1,400 stimulus checks (for low income), extra unemployment assistance & delivered $39 billion to states for childcare providers & unemployment hit a low
#bidenomics -
@estherschindler "Economists have noted that a long stretch of low unemployment and rising incomes have helped Americans keep shopping."
4 years of improvement tossed out the window like an unwanted KGB agent
#Bidenomics worked, building up the economy, reducing unemployment, increasing wages, reducing debt
But Republicans just can't resist tanking the economy again. It's their hobby
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Trump’s economic approval just hit the lowest point of his presidency. A majority of Americans say he’s not even trying to lower prices—just pushing tariffs that raise costs. MAGA’s “business genius” is sinking the economy. #TrumpWatch #Resist #Bidenomics www.cnbc.com/2025/04/19/t...
Trump's approval rating on the... -
"We've taken a step back & we're watching to see what the policies turn out to be & the ways in which they will affect the #economy. Then we'll be able to act. Fortunately, our policy stance is in a good place for us to do that." thanks to #Biden / #Bidenomics]
#TheFed, he added is in the same place as everyone else, awaiting clarity on policies.
[again, cuz shit is crazy]#ETTTTS #Trump #tariffs #inflation #recession #geopolitics #USpol
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"We've taken a step back & we're watching to see what the policies turn out to be & the ways in which they will affect the #economy. Then we'll be able to act. Fortunately, our policy stance is in a good place for us to do that." thanks to #Biden / #Bidenomics]
#TheFed, he added is in the same place as everyone else, awaiting clarity on policies.
[again, cuz shit is crazy]#ETTTTS #Trump #tariffs #inflation #recession #geopolitics #USpol
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Can economic data really shape public perception? Paul Krugman and Jared Bernstein delve into how the Biden administration's economic policies are viewed amidst contrasting sentiments about Trump's strategies. They analyze how entrenched memories and social media influence negative public sentiment despite strong GDP growth. The discussion covers inflation narratives, supply chain issues, and the effectiveness of Trump's tariffs. For a deeper understanding, read the full article here: [Source](https://paulkrugman.substack.com/p/from-bidenomics-to-trumponomics-a) #Economics #Inflation #Bidenomics #Trumponomics #PublicPerception
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The world’s most widely followed #StockMarket benchmark slid into a correction on Thurs, a drop that underscores how the 2-yr-long bull market [#Bidenomics] is running out of steam in the early days of the #Trump admin.
The move stems from investors’ growing pessimism about the whipsawing policy pronouncements from Trump over the past few weeks. On-again, off-again #tariffs & #MassLayoffs of #FederalWorkers have fomented unease on #WallStreet.
#economy #Trumpcession
https://www.nytimes.com/2025/03/13/business/sp-500-stocks-market-correction.html?smid=nytcore-ios-share&referringSource=articleShare&sgrp=p&pvid=2AF81A08-DB10-4E54-BA71-32F938B4D01C -
The world’s most widely followed #StockMarket benchmark slid into a correction on Thurs, a drop that underscores how the 2-yr-long bull market [#Bidenomics] is running out of steam in the early days of the #Trump admin.
The move stems from investors’ growing pessimism about the whipsawing policy pronouncements from Trump over the past few weeks. On-again, off-again #tariffs & #MassLayoffs of #FederalWorkers have fomented unease on #WallStreet.
#economy #Trumpcession
https://www.nytimes.com/2025/03/13/business/sp-500-stocks-market-correction.html?smid=nytcore-ios-share&referringSource=articleShare&sgrp=p&pvid=2AF81A08-DB10-4E54-BA71-32F938B4D01C -
Can't Say #trumpadministration is not effective: Erasing 4 trillions of the #Bidenomics sure is effective!
And it's only starting! -
Can't Say #trumpadministration is not effective: Erasing 4 trillions of the #Bidenomics sure is effective!
And it's only starting! -
Let's all brand it: #Trumpcession and #Trumpflation -- as we long for the successful #Bidenomics.
Hopes of US golden age fade as investors start to worry about ‘Trumpcession’ risk
https://www.theguardian.com/us-news/2025/mar/05/hopes-of-us-golden-age-fade-as-investors-start-to-worry-about-trumpcession-risk -
Let's all brand it: #Trumpcession and #Trumpflation -- as we long for the successful #Bidenomics.
Hopes of US golden age fade as investors start to worry about ‘Trumpcession’ risk
https://www.theguardian.com/us-news/2025/mar/05/hopes-of-us-golden-age-fade-as-investors-start-to-worry-about-trumpcession-risk -
while telling everyone & getting all the big papers to print articles saying how evil work from home is and how lazy all those slobs are who want to do that are, coproworld has been hiring workers overseas to work from home at a 10% savings. this report shows how hiring has been going like gangbusters all while they keep saying they are gonna bring all the jerbs home #Bidenomics meet #MAGAnomics
https://www.reveliolabs.com/news/business/american-companies-are-offshoring-high-paying-remote-friendly-jobs/ -
while telling everyone & getting all the big papers to print articles saying how evil work from home is and how lazy all those slobs are who want to do that are, coproworld has been hiring workers overseas to work from home at a 10% savings. this report shows how hiring has been going like gangbusters all while they keep saying they are gonna bring all the jerbs home #Bidenomics meet #MAGAnomics
https://www.reveliolabs.com/news/business/american-companies-are-offshoring-high-paying-remote-friendly-jobs/ -
Another #FAFO
Amazon issues disappointing revenue forecast, points to weakest growth on record Based on Amazon's forecast, the company expects revenue growth of only 5% to 9% in the first quarter.
At the low end of the range, that would mark the slowest growth on record.
Revenue in the fourth quarter rose 10% from $170 billion in the same quarter a year earlier
Under #bidenomics #TrumpIsUnfitforOffice
#TrumpEconomyCrash
#TrumpBillionaire #MAGAgrifters https://www.cnbc.com/2025/02/06/amazon-amzn-q4-earnings-report-2024.html -
Another #FAFO
Amazon issues disappointing revenue forecast, points to weakest growth on record Based on Amazon's forecast, the company expects revenue growth of only 5% to 9% in the first quarter.
At the low end of the range, that would mark the slowest growth on record.
Revenue in the fourth quarter rose 10% from $170 billion in the same quarter a year earlier
Under #bidenomics #TrumpIsUnfitforOffice
#TrumpEconomyCrash
#TrumpBillionaire #MAGAgrifters https://www.cnbc.com/2025/02/06/amazon-amzn-q4-earnings-report-2024.html -
"Bidenomics encapsulates something fundamental about the Democratic Party. Since the New Deal, one cornerstone of its approach to governance has been to subsidize and insure corporations and firms engaged in providing housing, health care, high-tech manufacturing, and other activities that might contribute to the common good. Rather than call this industrial policy—with its connotations of smokestacks and state planning—this bundle of strategies is better understood as market-making. In a country as conservative as the United States, it has some political sense. It allows Democrats to shape economic and social outcomes in ways that deflect right-wing accusations of governmental overarch; it tries to align progressive social goals with the interests of capital, which might otherwise lash out or simply flee the country. Perhaps most importantly, from the 1930s to the 1960s it was subsumed within a larger and more robust welfarist agenda that did offer direct benefits like public works employment while also significantly expanding the public social safety net: Social Security, Medicaid, and Medicare were all established in this period.
In subsequent decades, however, as unions declined and public-sector austerity took hold, the political expedience of market-making gradually colonized the entirety of the Democratic imagination. A paradigmatic example of this shift is Obamacare. Rather than deliver a genuinely public option, the Obama administration created a highly complicated system of incentives and subsidies to expand access to private insurance markets—which drove up costs, led to massive windfalls for insurance companies, and ceded ever more control over our lives to health care corporations. Even as it takes root through public policies, Democratic market-making has in fact thinned the relationship between citizens and the state, which has come to depend on the interests and whims of capital to act."
https://www.nybooks.com/online/2025/01/15/bidenomics-farewell-to-an-idea/
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"Bidenomics encapsulates something fundamental about the Democratic Party. Since the New Deal, one cornerstone of its approach to governance has been to subsidize and insure corporations and firms engaged in providing housing, health care, high-tech manufacturing, and other activities that might contribute to the common good. Rather than call this industrial policy—with its connotations of smokestacks and state planning—this bundle of strategies is better understood as market-making. In a country as conservative as the United States, it has some political sense. It allows Democrats to shape economic and social outcomes in ways that deflect right-wing accusations of governmental overarch; it tries to align progressive social goals with the interests of capital, which might otherwise lash out or simply flee the country. Perhaps most importantly, from the 1930s to the 1960s it was subsumed within a larger and more robust welfarist agenda that did offer direct benefits like public works employment while also significantly expanding the public social safety net: Social Security, Medicaid, and Medicare were all established in this period.
In subsequent decades, however, as unions declined and public-sector austerity took hold, the political expedience of market-making gradually colonized the entirety of the Democratic imagination. A paradigmatic example of this shift is Obamacare. Rather than deliver a genuinely public option, the Obama administration created a highly complicated system of incentives and subsidies to expand access to private insurance markets—which drove up costs, led to massive windfalls for insurance companies, and ceded ever more control over our lives to health care corporations. Even as it takes root through public policies, Democratic market-making has in fact thinned the relationship between citizens and the state, which has come to depend on the interests and whims of capital to act."
https://www.nybooks.com/online/2025/01/15/bidenomics-farewell-to-an-idea/
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#Bidenomics- most bankruptcies in a year since the Great Recession
US corporate bankruptcies hit 14-yr high
https://www.ft.com/content/ac3c1e2f-c9bc-417e-a686-7170e1bf8533
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#Bidenomics- most bankruptcies in a year since the Great Recession
US corporate bankruptcies hit 14-yr high
https://www.ft.com/content/ac3c1e2f-c9bc-417e-a686-7170e1bf8533
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@Captain_Jack_Sparrow #harris played rope-a-dope with the #maga, assuming they’d eventually tire of absurd accusations on the cause of inflation. #trump started every speech accusing #bidenomics with causing inflation… without rebuttal.
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#FAFO The White House Is Wiping Out Millions In Tax Debt Before Trump Takes Office
The IRS is receiving a record number of applications for the Fresh Start Program, which reduces or erases tax debts. Thanks the Inflation Reduction Act (IRA), the IRS has been able to approve more applications than ever before.
Republican officials have proposed tax policies that could significantly change the program – or even kill it altogether.
#bidenomics https://freshstartinformation.org/white-house-wipes-out-millions-in-tax-debt-before-trump-takes-office/ -
#FAFO The White House Is Wiping Out Millions In Tax Debt Before Trump Takes Office
The IRS is receiving a record number of applications for the Fresh Start Program, which reduces or erases tax debts. Thanks the Inflation Reduction Act (IRA), the IRS has been able to approve more applications than ever before.
Republican officials have proposed tax policies that could significantly change the program – or even kill it altogether.
#bidenomics https://freshstartinformation.org/white-house-wipes-out-millions-in-tax-debt-before-trump-takes-office/ -
“ But however voters felt about President Joe Biden and Vice President Harris’s management of inflation—or immigration, or crime, or anything else—the fact remains that the administration oversaw an incredible economic recovery and then kept it going. None of that would have been possible without the Biden administration’s embrace of novel economic policy, now known as “Bidenomics.”
By nearly every metric, Bidenomics was a roaring success.” https://newrepublic.com/article/189232/bidenomics-success-biden-legacy
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“ But however voters felt about President Joe Biden and Vice President Harris’s management of inflation—or immigration, or crime, or anything else—the fact remains that the administration oversaw an incredible economic recovery and then kept it going. None of that would have been possible without the Biden administration’s embrace of novel economic policy, now known as “Bidenomics.”
By nearly every metric, Bidenomics was a roaring success.” https://newrepublic.com/article/189232/bidenomics-success-biden-legacy
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Bet you all this 'Its the Economy, Stupid' hoo-har from Labour today will benefit very few of us but we'll be told we've never had it better....
"Why Bidenomics Was Such a Bust"
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Bet you all this 'Its the Economy, Stupid' hoo-har from Labour today will benefit very few of us but we'll be told we've never had it better....
"Why Bidenomics Was Such a Bust"
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🧵2/2 Tanking An Amazing Thing
# DemEconPoliciesAreBetter #Bidenomics
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Trump-nominated judge blocks expanding overtime pay for over 40 million The Labor Department’s now-scuttled #BidenAdministration employers were required to pay overtime to salaried workers who make less than $43,888 a year in certain executive, administrative and professional roles as of July 1 — and that was set to rise to $58,656 next year
#fafo2025 #bidenomics
Now, the previous threshold of $35,568 — which was set in 2019 under Trump is poised to go back into effect https://mynbc15.com/news/nation-world/trump-nominated-judge-blocks-expanding-overtime-pay-for-millions -
„Manchmal frage ich Leute, wie viele Projekte im Rahmen des …[IRA] genehmigt wurden. Die…Antworten, die ich bekomme, sind 5, 100, 500, vielleicht 2000. Die richtige Antwort lautet: fast 70000.“ Gary Gerstle via #wiwo #Bidenomics
Und wir streiten über die Schuldenbremse…🙈
https://www.wiwo.de/politik/ausland/us-politik-trump-und-musk-wollen-die-welt-dominieren/30109004.html -
It’s not just Democrats Republicans are working to Trump-proof their climate money Hundreds of billions of dollars being funneled into clean energy projects, the majority of which are going to Republican districts
Close to 80% of the $243 billion-worth of projects that are either completed or under construction are in GOP districts The same goes for another $435 billion in clean energy projects not yet built
#ClimateChange #bidenomics #sustainability #GreenEconomyMEWS https://www.cnn.com/2024/11/15/climate/climate-law-trump-republicans/index.html -
ICYMI: "Don't Give Trump Credit for the Success of the Biden Economy"
It could be Trump who gets to tell Americans that he built the country back better.
Biden aides told AP they expect #DictatorTrump to continue the planned projects & take credit for Biden's accomplishments, just like the Republicans in Congress who've celebrated plant openings & infrastructure developments in their districts but voted against them https://www.presidency.ucsb.edu/documents/icymi-dont-give-trump-credit-for-the-success-the-biden-economy. #bidenomics #TrumpLiesAboutEverything #goplies -
"The economy has created 13 million jobs, inflation has been more than cut in half, huge investments are being made in infrastructure and green energy, wage growth has begun to outpace inflation, the first drug price controls are going into effect and the biggest corporations will finally be forced to pay something in federal taxes."
Thanks to #Bidenomics #Biden #ecnomy
Shout it from the rooftops.
https://www.washingtonpost.com/opinions/2023/06/29/bidenomics-voters-economy/?pwapi_token=eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJzdWJpZCI6IjI2OTMyNjE5IiwicmVhc29uIjoiZ2lmdCIsIm5iZiI6MTY4ODAxMTIwMCwiaXNzIjoic3Vic2NyaXB0aW9ucyIsImV4cCI6MTY4OTMwNzE5OSwiaWF0IjoxNjg4MDExMjAwLCJqdGkiOiI4YWNiMGM4Yi00ZjU3LTQxNDMtYjVkMy0xZDA0OWJmY2U5N2YiLCJ1cmwiOiJodHRwczovL3d3dy53YXNoaW5ndG9ucG9zdC5jb20vb3BpbmlvbnMvMjAyMy8wNi8yOS9iaWRlbm9taWNzLXZvdGVycy1lY29ub215LyJ9.__J6lnfes5ZtAK-zEJpR66XNjrabK4vEywhEOEEi4ag&itid=gfta -
"The economy has created 13 million jobs, inflation has been more than cut in half, huge investments are being made in infrastructure and green energy, wage growth has begun to outpace inflation, the first drug price controls are going into effect and the biggest corporations will finally be forced to pay something in federal taxes."
Thanks to #Bidenomics #Biden #ecnomy
Shout it from the rooftops.
https://www.washingtonpost.com/opinions/2023/06/29/bidenomics-voters-economy/?pwapi_token=eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJzdWJpZCI6IjI2OTMyNjE5IiwicmVhc29uIjoiZ2lmdCIsIm5iZiI6MTY4ODAxMTIwMCwiaXNzIjoic3Vic2NyaXB0aW9ucyIsImV4cCI6MTY4OTMwNzE5OSwiaWF0IjoxNjg4MDExMjAwLCJqdGkiOiI4YWNiMGM4Yi00ZjU3LTQxNDMtYjVkMy0xZDA0OWJmY2U5N2YiLCJ1cmwiOiJodHRwczovL3d3dy53YXNoaW5ndG9ucG9zdC5jb20vb3BpbmlvbnMvMjAyMy8wNi8yOS9iaWRlbm9taWNzLXZvdGVycy1lY29ub215LyJ9.__J6lnfes5ZtAK-zEJpR66XNjrabK4vEywhEOEEi4ag&itid=gfta
