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Good News Roundup for Aug 30, 2023 - BIDENOMICS!! [1]
['This Content Is Not Subject To Review Daily Kos Staff Prior To Publication.']
Date: 2023-08-30
This article was inspired when I was talking to a MAGA friend of mine (it is possible to be friends with a MAGA) and I said “I’m a huge Biden fan. Ask me why.” He asked why and I said BIDENOMICS!
“So what actually is Bidenomics and what has it done for me?”
This article will try to answer that question.
Here’s what the architect of Bidenomics has to say about it.
x I came to office determined to change the economic direction of this country and to move from trickle-down economics to my middle out, bottom up vision:
Bidenomics. pic.twitter.com/kvOz81iGSO — President Biden (@POTUS) August 25, 2023
Building economics from the middle out and the bottom up.
Let’s start with exciting news from today — Medicare is negotiating for common drug prices. Here is the list of the first 10 drugs to be negotiated.
x No senior should have to overpay for life-saving drugs to pad Big Pharma’s pockets.
My Administration is announcing the first 10 Medicare Part D drugs selected for price negotiation.
We're ending the days of deciding between buying your medicine or putting food on the table. pic.twitter.com/oEMkaXAjWb — President Biden (@POTUS) August 29, 2023
Then, thanks to Bidenomics, Infrastructure week has finally arrived.
x Joe Biden and Kamala Harris are improving infrastructure with their 'Made in America' agenda. Team Biden's $2 trillion Infrastructure and Jobs Act is enhancing:
- The Brent Spence Bridge (Kentucky and Ohio)
- The Golden Gate Bridge (California)
- The Calcasieu I-10 Bridge… pic.twitter.com/henoWCJHJ4 — Tony - Resistance (@TonyHussein4) August 28, 2023
x Under Team Biden, 'Made in America' is not just a slogan .... it's a reality. Bidenomics is transforming America and making billionaires pay their fair share in taxes. pic.twitter.com/aCcXOK8wun — Tony - Resistance (@TonyHussein4) August 27, 2023
x Under President Biden's leadership, take a look at what Team Biden has achieved in just over 2 years. Let's not allow billionaires to buy the 2024 election and place grifters like Donald Trump back in the White House.
Donald Trump holds the worst jobs record since the Great… pic.twitter.com/eagyp1akfi — Tony - Resistance (@TonyHussein4) August 27, 2023
Done without raising taxes on regular folks.
x Folks, we've brought home an American manufacturing boom and begun rebuilding America, all without raising taxes on the middle class.
I promised to never raise federal taxes on anyone making less than $400,000 a year.
And I’ve kept my promise. pic.twitter.com/LJWzAY0qYJ — President Biden (@POTUS) August 15, 2023
Results? Republicans are taking credit for Bidenomics’ good works. That just shows how good the works are.
x I'm glad that my Administration’s infrastructure investments are so popular that even Speaker McCarthy is trying to take credit for them, despite voting against them.
That’s alright. I’ll see him at the next groundbreaking.
https://t.co/IDmJ4hbSDm — President Biden (@POTUS) August 24, 2023
How about jobs?
Bidenomics is about creating good jobs and empowering America's workers (from the Department of Labor website)
President Biden has proven that an economy that invests in and prioritizes growth and opportunities for workers is not only possible, it’s essential.
President Biden’s economic agenda, coupled with game-changing investments, places its faith in America’s workers to build roads, repair bridges, strengthen our ports, expand reliable, affordable broadband, deliver clean drinking water and pave the way to a clean energy future – all while creating good paying jobs in communities across the nation.
Let’s look at ‘Bidenomics’ by the numbers: Over 13 million jobs created since the President took office;
created since the President took office; A historic low unemployment rate of 3.7%, and an unemployment rate below 4 percent for the longest period since the 1960s; Including record low unemployment rates for African Americans, Hispanic Americans, and people with disabilities—and a 70-year low for women.
rate of 3.7%, and an unemployment rate below 4 percent for the longest period since the 1960s; The highest labor market participation rate for women since the BLS series began in 1948.
participation rate for women since the BLS series began in 1948. More than 35,000 projects already funded, spurring job growth in communities across the country,
How about more money in your pockets?
x The Inflation Reduction Act is helping people across America:
✅Capped insulin costs at $35/month for people on Medicare
✅$110B in clean energy investments
✅$170,600+ new jobs across 44 states — Chuck Schumer (@SenSchumer) August 28, 2023
So if we aren’t taxing regular folks, how do we pay for all this?
x President Biden is renewing his call for a 20% tax on billionaires. Do you support this? 🖐️❤️ pic.twitter.com/LiUjPozrvZ — 💙Brittney💙 (@AZ_Brittney) August 27, 2023
See why I’m a huge Biden fan? Ask me why.
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