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Biden Boom update — the economy continues to gain strength

Lots of this floating around the U.S. economy

Back in December 2021, we published the Biden Boom” story. At the time, we noted how, in less than one year in office, President Joe Biden had already made great strides in the U.S. economy. That included, for example, getting economic growth up and unemployment down from the 2020 Trump Recession caused in large part by Donald Trump‘s failure to act on COVID. At the time, we suggested spreading this good economic news.

Now it’s more than 18 months later, and while Trump is busy begging for donations to defend himself against a growing pile of criminal indictments, President Biden has been busy helping all of us. As a result, the U.S. economy continues to defy the predictions of the doom and gloomers, including many in the mainstream media. This continuing Biden Boom is the great untold story of 2023. For example:

–Unemployment is only 3.6 percent, near the all-time low

–The U.S. has created over 13 million jobs since President Biden took office, which shatters the job creation record for a president’s 4-year term in just two and a half years.

–Inflation, which rose sharply due to the economic rescue steps needed after Trump’s COVID failures, is now down to three percent.

–U.S. Gross Domestic Product (i.e. economic growth) is still going strong at well over 2 percent annually.

–U.S. manufacturing growth has sharply rebounded under President Biden, and according to Axios, “outpaces the rest of the world.”

While all of this good economic news is occurring, a crucial moment took place last Wednesday, when Federal Reserve Chairman Jerome Powell stated that the Federal Reserve staff no longer forecasts a U.S. recession. This means the U.S. is likely headed for the much sought-after but rare “soft landing” of lowering inflation without causing a recession. Large companies like Caterpillar, reporting very high profits, agree.

Can a Hippie-era song help the Democrats in 2024?

Jefferson Airplane’s 1969 “Volunteers” album

“We Can Be Together” was not Jefferson Airplane‘s most popular song, but it’s one of their most controversial. Released in 1969 as the B-side to the better-known “Volunteers” and included on the album of that name, the song is a hippie call to action in the face of the Vietnam War and other oppressive actions of those in power at the time, including Republican President Richard Nixon. Here are some of the lyrics to “We Can Be Together”:

 

We are all outlaws in the eyes of America
We are obscene, lawless, hideous, dangerous, dirty, violent
And young

We should be together
Come on all you people standin’ around
Our life’s too fine to let it die
We should be together
All your private property is
Target for your enemy
And your enemy is we
We are forces of chaos and anarchy
Everything they say we are, we are
And we are very proud of ourselves
Up against the wall
Up against the wall, motherfuckers!
Tear down the wall
Tear down the wall

What to do when the media ignore President Biden’s accomplishments?

President Joe Biden

This past Monday, President Joe Biden held an event at the White House where he unveiled a more than $42 billion investment in high-speed broadband internet around the country. According to President Biden, this funding comes from both the American Rescue Plan (signed into law in March 2021) and the Infrastructure Investment and Jobs Act (signed in November 2021).  The President indicated that the legislation passed thus far included “$25 billion for high-speed Internet in places where it was out of reach, for schools and libraries to help students connect to the internet if they couldn’t do it at home.” Now, says President Biden, the new funding will “be distributed to 50 states, Washington, D.C., and territories to deliver high-speed Internet in places where there’s neither service or it’s too slow.” The breakdown of such funding includes, for example, over $3.3 billion dedicated to Texas, over $1.8 billion to California, and more than $1.1 billion for Florida.

The President’s broadband investment plan is designed to “connect every person in America to reliable high-speed Internet by 2030.” However, President Biden stated that:

[I]t’s not enough to have access. You need affordability in addition to access. That’s why we worked with internet service providers to bring down prices for Americans struggling with internet payments. It’s called the Affordable Connectivity Program. It’s helping 19 million families save around $30 a month on their internet bills, and some save a lot more.

In short, this was a very important announcement about something that improves people’s lives and helps individuals, students, businesses and others conduct their activities more efficiently. It’s great for our economy and will create jobs as well.

However, at least according to a number of people (such as Mastodon user Kailee @skykiss@sfba.social), “[n]ot a single news outlet aired President Biden’s event.” If that is the case, the fault lies in several places, including with the news media, the Biden administration, Democratic leaders in Congress and in the states, and elsewhere.

Republicans in disarray over Trump indictment? More like a total mess

Chris Christie, causing problems for Donald Trump and the Republicans

Once again, Donald Trump‘s troubles are dominating the political landscape, and the Republican Party. Trump was in federal court in Miami on Tuesday, being arraigned on 37 felony counts involving his theft from the White House, retention and obstruction of justice in hindering the FBI’s retrieval of many boxes of classified documents, most of which were held at Trump’s Mar-a-Lago club in Palm Beach. If convicted on many or all of the charges, Trump could spend the rest of his life in prison.

None of this helps the Republican Party, which is trying to gear up for the 2024 elections and does not hold the White House or the U.S. Senate majority. Instead of gaining traction with a 2024 theme, elected Republicans are spending their time explaining how much they support Trump, and there is plenty of disagreement among them.

Chuck Todd out at ‘Meet the Press’: will the propaganda end?

Chuck Todd and Nicolle Wallace on MSNBC, 2018

NBC‘s “Meet the Press” host and moderator Chuck Todd announced on air last Sunday that he is leaving the show. Starting in September, Kristen Welker, NBC News’ co-chief White House correspondent, will take Todd’s place. In his statement, Todd said,“We didn’t tolerate propagandists, and this network and program never will.” Sadly, however, that was far from the case.

In fact, “Meet the Press,” during and before Chuck Todd’s time as host, was known as the place where Republicans came to spread their false talking points with the knowledge that they would not be confronted with many refutations or even pointed follow-up questions. For example, when Dick Cheney was Vice President under George W. Bush, Cheney’s communications director, Cathie Martin, regarded “Meet the Press” as the VP’s “best format” to be able to “control [his] message.” Likewise, Cheney’s Chief of Staff, convicted felon  Irve Lewis “Scooter” Libby, and other government officials could call Todd’s predecessor at “Meet the Press,” Tim Russert, and privately make their political points in the comfort that (a) they would be asked no difficult questions during the call, and (b) anything they said over the phone would automatically be considered off, rather than on, the record, a very weak and enabling form of journalism.

President Biden handles the debt ceiling brilliantly

President Biden may have just saved the country

With the U.S. House of Representatives having passed a bill on Wednesday night to suspend the nation’s debt ceiling, and the U.S. Senate passing the bill late last night, it is now all but certain that a historic Republican-caused default on the U.S. debt has been averted. President Joe Biden is expected to sign the bill at any time, and to address the nation this evening. While there is plenty of credit to go around, President Biden deserves the most praise for the extreme competence, professionalism and political savvy with which he has handled the issue.

Here is Biden’s statement after Wednesday’sj House vote, with emphasis added:

Tonight, the House took a critical step forward to prevent a first-ever default and protect our country’s hard-earned and historic economic recovery. This budget agreement is a bipartisan compromise. Neither side got everything it wanted. That’s the responsibility of governing. I want to thank Speaker McCarthy and his team for negotiating in good faith, as well as Leader Jeffries for his leadership.
This agreement is good news for the American people and the American economy. It protects key priorities and accomplishments from the past two years, including historic investments that are creating good jobs across the country. And, it honors my commitment to safeguard Americans’ health care and protect Social Security, Medicare, and Medicaid. It protects critical programs that millions of hardworking families, students, and veterans count on.

CNN is hosting Donald Trump, and people are freaking out

CNN covering 2019 Democratic Presidential debate

This week, CNN announced that it will host Donald Trump for a “town hall” event on May 10 in New Hampshire. This is a format that CNN likes to use with presidential candidates, and is essentially a one-on-one conversation with a CNN anchor or correspondent, on stage in front of an audience (some of whom get to ask questions as well), and televised live. Sometimes CNN interviews several candidates, one after the other, at the same event, and other times they hold a shorter event with just one candidate.

A number of Democrats, however, are reacting very badly to CNN’s announcement regarding the Donald Trump town hall. For example, in perusing various websites and social media platforms, statements and comments like these can be seen:

CNN is so desperate to boost its ratings, it will provide more free publicity for Trump.

Sure, have fascist insurrectionist town hall meetings air on cable news as if he hasn’t just been indicted and have 14 other investigations taking place in to his criminal activity, is just run of the mill normal. Nothing to be alarmed about, just another day in America.

It’s preposterous that CNN would invite someone to hold a purely political event who is currently being probed for his efforts to steal an election and stage a violent coup against the government of the United States.

Ron DeSantis is crashing: does that help or hurt Democrats?

Ron DeSantis (center), riding higher in 2021

Florida Governor and would-be 2024 Republican presidential candidate Ron DeSantis has had a very bad week. First, on Monday, DeSantis continued his war against The Walt Disney Company, threatening to build a state prison or competing theme park next to Walt Disney World. Thus far, DeSantis has been on the losing end of his fight against the very well-lawyered Disney, which began when the gay-friendly Disney criticized DeSantis’ new “Don’t Say Gay” law. And this latest statement by DeSantis seems petty, as well as possibly unconstitutional.

Then, on Tuesday, DeSantis traveled to Washington, D.C. to gain support from Republican members of Congress for his all-but-announced presidential campaign. But instead, three Florida Congressmen took the opportunity to endorse DeSantis’ main rival, Donald Trump. Moreover, in one especially embarrassing instance, Rep. Lance Gooden of Texas literally walked out of a meeting with DeSantis and announced that he is endorsing Trump for President.

Given that DeSantis and Trump are the two clear front-runners for the Republican presidential nomination (with Trump ahead and gaining in the polls), there is little doubt that DeSantis’ troubles benefit Trump. Indeed, Trump piled on DeSantis on Tuesday by attacking his incompetence in the Disney matter, writing, with either typical name-calling or a typical Trump spelling mistake, “DeSanctus is being absolutely destroyed by Disney.”

The question is, do these DeSantis failures help or hurt the Democrats for the 2024 presidential election?

Republican overreaching may hurt them in 2024 elections

Younger activists, a major Republican fear

Republicans have a predictable pattern: even with government nearly evenly divided, they get drunk with power, use their votes to overreach with extreme policies, and wind up alienating voters in the next election. In June 2022, for example, the U.S. Supreme Court, with three new right wing Republican justices courtesy of Donald Trump and Mitch McConnell, voted along party lines to take away the right to abortion that had been established in the Court’s Roe v. Wade decision nearly 50 years earlier. This decision set off a firestorm among voters, especially younger voters, who showed up to the voting booths in droves five months later and gave the Democrats considerably better results (retaining control and actually winning a one-seat majority in the U.S, Senate, barely losing control of the House, and gaining state governorships and state legislature majorities) in an off-year election where the party in power usually does much worse.

Republicans, however, did not learn the lesson from the 2022 elections, i.e., that their extremism scared away voters. Instead, the GOP has charged ahead with even more extremist actions that could hurt them in 2024. These include:

Trump criminal arraignment will be test for news media today

New York tabloid coverage of Donald Trump

Donald Trump is being arraigned today on numerous criminal charges at the New York State Supreme Court in Manhattan. Thus far, much of the news media coverage of this process has focused on what Trump is saying and doing, e.g. his reaction to his indictment, his travel plans, and his plan to fly back from New York to Florida later today to give a speech, no doubt full of whining and complaining about being subject to the legal system. But today is really about what is being done to Trump, and what he faces, i.e. hopefully some modicum of justice. It’s also a teachable moment for many Americans, to find out this country was founded upon the principle that no one is above the law.

Therefore, the news media have a choice today: will they correctly focus on what is happening to Trump, including booking, fingerprinting, reading of the charges against him, analysis of the legal process going forward, the potential for prison time, etc.? Or will the media continue to base their coverage on Trump’s own statements and travels? In particular, will the news media fully cover the rather meaningless Republican circus of Trump’s Florida speech tonight, letting him once again set the agenda? If so, then we will know that the media will cover the 2024 presidential elections, like the 2020 elections, in the most superficial and damaging way.