Sandy Shanks
Gold Member
- Jul 10, 2018
- 3,550
- 1,025
- 210
- Banned
- #1
According to FiveThirtyEight, which is a poll that averages several leading polls, our President's current approval number is 42%. That's not very good, and it is somewhat of a mystery.
CNN reports, "The United States is rapidly approaching a major jobs milestone that highlights the historically strong economic recovery from Covid-19.
The axiom is true. Presidents, unless they do something drastic, have very little control over the economy. Nonetheless, if the economy is good, they get the credit, as in the case of Trump. If there are serious problems with the economy, the President gets the blame, as in the case of Biden.
ABC reports, "Employers posted a record 11.5 million job openings in March, meaning the United States now has an unprecedented two job openings for every person who is unemployed.
"The latest data released Tuesday by the the Bureau of Labor Statistics further reveals an extraordinarily tight labor market that has emboldened millions of Americans to seek better paying jobs, while also contributing to the biggest inflation surge in four decades."
According to CNN, 66% of Americans disapprove of Biden's handling of the economy.
The AP reports, "President Joe Biden on Wednesday highlighted new figures showing the government’s red ink will grow less than expected this year and the national debt will shrink this quarter as he tried to counter criticism of his economic leadership amid growing dismay over inflation going into midterm elections that will decide control of Congress.
"Biden, embracing deficit reduction as a way to fight inflation, stressed that the dip in the national debt would be the first in six years, an achievement that eluded former President Donald Trump despite his promises to improve the federal balance sheet."
Stocks rallied on Wednesday after the Federal Reserve raised interest rates by half a percentage point.
"The Dow ended the day up by more than 900 points, and the S&P 500 gained almost 3 percent," NPR.
When it comes to the economy, Americans are naive.
CNN reports, "The United States is rapidly approaching a major jobs milestone that highlights the historically strong economic recovery from Covid-19.
The axiom is true. Presidents, unless they do something drastic, have very little control over the economy. Nonetheless, if the economy is good, they get the credit, as in the case of Trump. If there are serious problems with the economy, the President gets the blame, as in the case of Biden.
ABC reports, "Employers posted a record 11.5 million job openings in March, meaning the United States now has an unprecedented two job openings for every person who is unemployed.
"The latest data released Tuesday by the the Bureau of Labor Statistics further reveals an extraordinarily tight labor market that has emboldened millions of Americans to seek better paying jobs, while also contributing to the biggest inflation surge in four decades."
According to CNN, 66% of Americans disapprove of Biden's handling of the economy.
The AP reports, "President Joe Biden on Wednesday highlighted new figures showing the government’s red ink will grow less than expected this year and the national debt will shrink this quarter as he tried to counter criticism of his economic leadership amid growing dismay over inflation going into midterm elections that will decide control of Congress.
"Biden, embracing deficit reduction as a way to fight inflation, stressed that the dip in the national debt would be the first in six years, an achievement that eluded former President Donald Trump despite his promises to improve the federal balance sheet."
Stocks rallied on Wednesday after the Federal Reserve raised interest rates by half a percentage point.
"The Dow ended the day up by more than 900 points, and the S&P 500 gained almost 3 percent," NPR.
When it comes to the economy, Americans are naive.