home.social

#bidenomics — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #bidenomics, aggregated by home.social.

  1. 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

    prospect.org/2026/04/07/apr-20

  2. ...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…
    <braddelong.substack.com/p/affo>
    2025-11-07 Fr
    #public-reason
    #bidenomics
    #affordability-inflation-the-misinformation-machine
    #how-prosperity-lost-the-plot 2/END

  3. 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

  4. 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

  5. @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

  6. "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

  7. 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](paulkrugman.substack.com/p/fro) #Economics #Inflation #Bidenomics #Trumponomics #PublicPerception

  8. 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
    nytimes.com/2025/03/13/busines

  9. Can't Say #trumpadministration is not effective: Erasing 4 trillions of the #Bidenomics sure is effective!
    And it's only starting!

  10. 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
    reveliolabs.com/news/business/

  11. 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 cnbc.com/2025/02/06/amazon-amz

  12. 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 cnbc.com/2025/02/06/amazon-amz

  13. 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 cnbc.com/2025/02/06/amazon-amz

  14. 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 cnbc.com/2025/02/06/amazon-amz

  15. 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 cnbc.com/2025/02/06/amazon-amz

  16. "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."

    nybooks.com/online/2025/01/15/

    #USA #Biden #Bidenomics

  17. #Bidenomics- most bankruptcies in a year since the Great Recession

    US corporate bankruptcies hit 14-yr high

    ft.com/content/ac3c1e2f-c9bc-4

  18. @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.

  19. #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 freshstartinformation.org/whit

  20. #bidenomics #trump #covid

    “ 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.” newrepublic.com/article/189232

  21. 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"

    archive.ph/QsgXQ

    #UKPOL #Ukpolitics #Labour #Bidenomics #Inequality #Poverty

  22. 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 mynbc15.com/news/nation-world/

  23. Thank you #bidenomics and the #federalreserve for getting #inflation down to just above 2% for the last few months. I finally have my financial footing on solid ground.

    Unfortunately, with #Trump and the #MAGA party arriving on scene in a couple of months, I have started scaling back and saving as much as I can. With all the #weird and #wacky people and policies coming down the line, I forsee #reinflation and even a #recession in the near future. I hope not but the economy has suffered under #Republicans and I believe it, and #America, will suffer under the #MAGAparty too.

  24. Congressional #Republicans have a different plan—more giant tax cuts for #billionaires & big #corporations, ending the Affordable Care Act [#ACA], undermining workers by cutting #overtime & making it harder to #organize, & imposing a national sales #tax that would raise costs by nearly $4k/year. While they put billionaires first, we’ll keep fighting to grow the #MiddleClass.

    #economy #Bidenomics #OpportunityEconomy #DemocratsDidThat #unions #VoteBlue #HarrisWalz2024

  25. Congressional #Republicans have a different plan—more giant tax cuts for #billionaires & big #corporations, ending the Affordable Care Act [#ACA], undermining workers by cutting #overtime & making it harder to #organize, & imposing a national sales #tax that would raise costs by nearly $4k/year. While they put billionaires first, we’ll keep fighting to grow the #MiddleClass.

    #economy #Bidenomics #OpportunityEconomy #DemocratsDidThat #unions #VoteBlue #HarrisWalz2024

  26. Congressional #Republicans have a different plan—more giant tax cuts for #billionaires & big #corporations, ending the Affordable Care Act [#ACA], undermining workers by cutting #overtime & making it harder to #organize, & imposing a national sales #tax that would raise costs by nearly $4k/year. While they put billionaires first, we’ll keep fighting to grow the #MiddleClass.

    #economy #Bidenomics #OpportunityEconomy #DemocratsDidThat #unions #VoteBlue #HarrisWalz2024

  27. Congressional #Republicans have a different plan—more giant tax cuts for #billionaires & big #corporations, ending the Affordable Care Act [#ACA], undermining workers by cutting #overtime & making it harder to #organize, & imposing a national sales #tax that would raise costs by nearly $4k/year. While they put billionaires first, we’ll keep fighting to grow the #MiddleClass.

    #economy #Bidenomics #OpportunityEconomy #DemocratsDidThat #unions #VoteBlue #HarrisWalz2024

  28. Congressional #Republicans have a different plan—more giant tax cuts for #billionaires & big #corporations, ending the Affordable Care Act [#ACA], undermining workers by cutting #overtime & making it harder to #organize, & imposing a national sales #tax that would raise costs by nearly $4k/year. While they put billionaires first, we’ll keep fighting to grow the #MiddleClass.

    #economy #Bidenomics #OpportunityEconomy #DemocratsDidThat #unions #VoteBlue #HarrisWalz2024

  29. Make no mistake: We have more to do to lower #costs & expand #opportunity. #Congress should pass our plan to build millions of new #homes, expand prescription #drug price caps, empower #workers & protect the #RightToOrganize, & cut #taxes for hardworking #families.

    #economy #Bidenomics #OpportunityEconomy #DemocratsDidThat #unions #VoteBlue #HarrisWalz2024

  30. Make no mistake: We have more to do to lower #costs & expand #opportunity. #Congress should pass our plan to build millions of new #homes, expand prescription #drug price caps, empower #workers & protect the #RightToOrganize, & cut #taxes for hardworking #families.

    #economy #Bidenomics #OpportunityEconomy #DemocratsDidThat #unions #VoteBlue #HarrisWalz2024

  31. Make no mistake: We have more to do to lower #costs & expand #opportunity. #Congress should pass our plan to build millions of new #homes, expand prescription #drug price caps, empower #workers & protect the #RightToOrganize, & cut #taxes for hardworking #families.

    #economy #Bidenomics #OpportunityEconomy #DemocratsDidThat #unions #VoteBlue #HarrisWalz2024

  32. Make no mistake: We have more to do to lower #costs & expand #opportunity. #Congress should pass our plan to build millions of new #homes, expand prescription #drug price caps, empower #workers & protect the #RightToOrganize, & cut #taxes for hardworking #families.

    #economy #Bidenomics #OpportunityEconomy #DemocratsDidThat #unions #VoteBlue #HarrisWalz2024

  33. Make no mistake: We have more to do to lower #costs & expand #opportunity. #Congress should pass our plan to build millions of new #homes, expand prescription #drug price caps, empower #workers & protect the #RightToOrganize, & cut #taxes for hardworking #families.

    #economy #Bidenomics #OpportunityEconomy #DemocratsDidThat #unions #VoteBlue #HarrisWalz2024

  34. Under my [the #Biden] Administration, #unemployment has been the lowest in 50 yrs, a record 19M new businesses have been created, & #inflation & #InterestRates are falling. And we’re seeing the power of #CollectiveBargaining to lift up #workers’ wages—including the progress made by #dockworkers on record #wages w/carriers, & #port operators & the reopening of East Coast & Gulf #ports.

    #economy #Bidenomics #DemocratsDidThat #ILA #unions #VoteBlue #HarrisWalz2024

    2/

  35. #POTUS Joe #Biden on the September #Jobs Report

    Today, we received good news for American workers & families with more than 250k new jobs in Sept & #unemployment back down at 4.1%. With today’s report, we’ve created 16M jobs, unemployment remains low, & #wages are growing faster than #prices.

    1/
    #economy #Bidenomics #DemocratsDidThat #VoteBlue #HarrisWalz2024
    whitehouse.gov/briefing-room/s

  36. Between today’s #jobs report & yesterday’s deal to end the #longshoremen #ILA #strike, things are looking up for the #economy & #KamalaHarris!

    [if only by taking away 2 BS talking points from the #RightWing #media & #MAGA folks]

    #Bidenomics #policy #finance #Employers #labor #union #unemployment #election #VoteBlue #HarrisWalz2024