The fight against rising prices has essentially been won. But few in the electorate seem aware.

Summary

President Joe Bidenā€™s economic achievementsā€”lowering inflation, reducing gas prices, creating jobs, and boosting manufacturingā€”are largely unrecognized by the public, despite his successes.

His tenure saw landmark legislation like the Inflation Reduction Act, CHIPS Act, and major infrastructure investments.

However, Bidenā€™s approval ratings remain low, attributed to inflation backlash, weak communication, and a media landscape prone to misinformation.

Democrats face a ā€œpropaganda problemā€ rather than a policy failure, with many voters likely to credit incoming President Trump for Bidenā€™s accomplishments due to partisan messaging and social media dynamics.

  • AntiOutsideAktion@lemmy.mlEnglish
    1Ā·
    2 days ago

    biden getting flak over inflation is fucking hilarious.

    Why? He did literally nothing to address it.

    The fed is literally irrelevant to the president

    ???

    https://en.wikipedia.org/wiki/Chair_of_the_Federal_Reserve

    The chairman serves a four-year term after being nominated by the president of the United States and confirmed by the United States Senate; the officeholder serves concurrently as a member of the Board of Governors. The chairman may serve multiple terms, pending a new nomination and confirmation at the end of each term; William McChesney Martin (1951-1970) was the longest serving chair, with Alan Greenspan (1987-2006) a close second. The president may not have the legal authority to dismiss a chairman before the end of a term, although this assumption has never been tested in court.[3]

    ???

    You can removed all you want about inflation, but at the end of the day, nobody really knows what the right solution here was.

    Price controls? Ronald Reagan?