Biden’s Booming Economy Gets Mediocre Reviews, He Is Not Happy.
““All good. Take a look. Start reporting it the right way,” Biden said when asked about his economic outlook for 2024, according to a transcript released Sunday by the White House.
Biden’s criticism is the latest flash of frustration from the president over how Americans view the U.S. economy.
The economy has roared back from the COVID-19 recession under Biden, who enacted legislation for trillions of dollars of economic relief and investments shortly after taking office in 2021.
The U.S. unemployment rate was just 3.7 percent in November — barely above the pre-pandemic level of 3.5 percent, which was a five-decade low. Annual inflation has also fallen sharply from a peak of 9.1 percent in June 2022 to 3.1 percent in November, and the economy has defied widespread predictions of a recession.”
President Biden is not happy with how Americans view the economy and that has the threat of dooming his 2024 presidential hopes. The economy is booming but Biden is given very little credit for governing over the remarkable post pandemic recovery. He is often portrayed as the old man in the corner who is just a gaffe machine, a place holder until another president is elected. He wants that to change and credit to be given where credit is due.
