Skip to content
Por Que 2012

Por Que 2012

Passionate about Health

Primary Menu Por Que 2012

Por Que 2012

  • Healthy News
  • mental health
  • Healthy Food
  • Healthy Life
  • Healthy Ideas
  • Food Nearby
  • About Us
    • Advertise Here
    • Contact us
    • Privacy Policy
    • Sitemap
  • Home
  • Biden’s June agenda: convince Americans the economy is healthy
  • Healthy Ideas

Biden’s June agenda: convince Americans the economy is healthy

Lorraine D June 1, 2022

Table of Contents

Toggle
  • Register now for FREE unlimited access to Reuters.com
  • Register now for FREE unlimited access to Reuters.com

WASHINGTON, May 31 (Reuters) – President Joe Biden is planning a media blitz to lift his sagging opinion poll numbers before November’s congressional election, promoting his management of America’s recovery from the coronavirus pandemic and efforts to cool spiraling inflation.

Biden’s meeting with Federal Reserve chair Jerome Powell to discuss inflation on Tuesday was the first event in a multi-week agenda, a White House official said. read more

Through June, the official said, the White House plans to emphasize the historic levels of job creation and low unemployment rate seen through Biden’s first 17 months in office, his pledge to respect the Fed’s independence and coming efforts to “put more money in the pockets of working families.”

Register now for FREE unlimited access to Reuters.com

Biden will speak on the jobs numbers on Friday, and Cabinet members including Treasury Secretary Janet Yellen, Commerce Secretary Gina Raimondo and economic advisers Jared Bernstein and Heather Boushey plan dozens of television spots and other in-person events.

The prospects for Biden’s Democratic Party to maintain control of Congress in the Nov. 8 election may hinge on how successfully he can craft a positive economic narrative around what has become an increasingly sour mood.

On the surface, working families have been doing well.

Unemployment is at levels more akin to the boom years of the 1950s and 1960s, wages for many lower-skilled occupations are rising, and bank accounts, on average, are still flush with cash from coronavirus support programs. Recent Fed reports and surveys reported households on average in a strong financial position. read more

But confidence has waned, and in a recent Reuters/Ipsos poll the economy topped respondents’ list of concerns. Biden’s approval rating has fallen to 36%, the lowest of his presidency. read more

U.S. President Joe Biden meets with New Zealand Prime Minister Jacinda Ardern in the Oval Office at the White House in Washington, U.S., May 31, 2022. REUTERS/Leah Millis

Inflation has hit a 40-year high, persisted longer than policymakers expected when it first rose last year, and in recent months has prompted the Fed to unleash what may prove one of its fastest ever efforts to tighten monetary policy. read more

The opposition Republican Party, enmeshed in a civil war over former President Donald Trump’s 2020 election falsehoods, has united around hammering Biden on inflation.

“What the Democrats have to do is resist the urge to explain how inflation got caused and just go completely into like, here’s what we’re gonna do about this,” said Rodd McLeod, a Democratic political consultant in Arizona, a state that can swing toward either major party.

Responses to a commentary that Biden wrote about his inflation-fighting plans in the Wall Street Journal Tuesday underscored the size of the challenge he faces.

By mid-day, the vast majority of more than 1,000 comments in one of the country’s few national newspapers dismissed the prescription drug pricing and clean tax credit plans Biden laid out, while advocating instead for lower taxes and more oil drilling and dismissing Biden’s ideas as fiction.

Taming inflation will require not only adept central bank decision-making, but no small degree of luck. Global prices are buffeted by such events as the Ukraine war and the coronavirus pandemic, and whether another surge could tamp down China manufacturing again.

The best case for Biden at home is that tighter Fed monetary policy slows the economy just enough that spending cools, and companies cut back on job openings without actually cutting into jobs.

The alternative, should the Fed find inflation more persistent, is for the central bank to move interest rates so high the economy tips into recession with a significant rise in unemployment. September is expected to be a pivotal month, with the Fed expected to take stock and decide whether to become even more aggressive.

Register now for FREE unlimited access to Reuters.com

Reporting by Trevor Hunnicutt; Writing by Howard Schneider; Editing by Heather Timmons and Howard Goller

Our Standards: The Thomson Reuters Trust Principles.

Post Navigation

Previous This 500-Plant Edible Garden Mostly Cares for Itself
Next Benefits of Having a Good Dental Care

More Stories

Healthy Recipes for Kids
  • Healthy Ideas

Healthy Recipes for Kids

Lorraine D July 17, 2024 0
Towards an Understanding of Self-Esteem and Eating Disorders
  • Healthy Ideas

Towards an Understanding of Self-Esteem and Eating Disorders

Lorraine D July 10, 2024 0
Easy Vegan Lunch Ideas – Healthy and Easy-To-Prepare Vegan Lunch Foods and Recipes
  • Healthy Ideas

Easy Vegan Lunch Ideas – Healthy and Easy-To-Prepare Vegan Lunch Foods and Recipes

Lorraine D July 7, 2024 0
July 2025
M T W T F S S
 123456
78910111213
14151617181920
21222324252627
28293031  
« May    

Archives

Recent Posts

  • Zippered Bags Are Essential for Organizing and Protecting Your Gear
  • Is Your Health Info Free from Censorship?
  • Censorship in Health Communication: A Silent Crisis
  • Understanding PTSD and How to Heal From It
  • Living With OCD: Facts, Symptoms, and Treatments

Fiverr

Fiverr Logo   

BL

Tags

"Young Professionals Attitude Of Health 4 Better Health Monrovia Academic Essay On Mental Health Adult Family Health Clifton Nj Adult Mental Health Treatment Planner" Allwgiance Health Wound Care Aria Health Atten Customer Service Aria Health System Customer Service Arizona Achses Health Arizona Pet Health Certificate Ark Increse Harvest Health Aus Health Practitioner Cadence Fitness & Health Cente California Coalition For Behavioral Health Capital Area Mental Health Services Cardinal Health Kilgour Dr Borwn Watkings Health Employee Health Inova Mount Vernon First Nations Health Canada Fl Health Code Violations Formulary First Health Holistic Health After Chemo Humana Health Insurance For Son I Health I-Menopause Kronos Lee Health Employee Login Lakeland Health Care Center Elkhorn Mercy Health Corp Plaza Mercy Health Orthopedics Cincinnati Logo Network Health 2018 Plans Nevada Reno Public Health New England Serve Health Policy North Dakota Pet Health Certificate Northwell Health Pharmacy Intern Salary Police Mentral Health Portal Harrington Health Premise Health Brentwood Tennessee Primary Health Solutions/Ceo Psychic Health Reading Legal Notice Psychological Health Anxiety Articles Public Health Practice What Works Public Health Sciences Admin Uv Public Health Service Hurricane Dorian Shadyside Oh Occupation Health Shrednado Mens Health Tower Health Hospital Pa Locations

Partner Links

healthdominator
mozellhillard
poshiva
techizio

Related Article

Zippered Bags Are Essential for Organizing and Protecting Your Gear
  • mental health

Zippered Bags Are Essential for Organizing and Protecting Your Gear

Lorraine D May 26, 2025
Is Your Health Info Free from Censorship?
  • Healthy News

Is Your Health Info Free from Censorship?

Lorraine D May 20, 2025
Censorship in Health Communication: A Silent Crisis
  • Healthy News

Censorship in Health Communication: A Silent Crisis

Lorraine D May 15, 2025
Understanding PTSD and How to Heal From It
  • Healthy News

Understanding PTSD and How to Heal From It

Lorraine D May 8, 2025
Living With OCD: Facts, Symptoms, and Treatments
  • Healthy News

Living With OCD: Facts, Symptoms, and Treatments

Lorraine D May 6, 2025
porque2012.com | CoverNews by AF themes.

WhatsApp us