Biden preaches patience to voters spooked by economic tumult

[Omaha Steve]

Source: AP

By JOSH BOAK and ZEKE MILLER

WASHINGTON (AP) — When it comes to reassuring Americans about an economy that’s an election-year challenge for his party, President Joe Biden is telling the country to hold on.

It’s a message of patience as voters are buffeted by persistent inflation, fears of a recession and the prospect of rising energy prices in the closing weeks of the campaign season when they will determine the fate of vulnerable Democrats and control of Congress.

The $25 trillion-plus economy is veering in two radically different directions.

Growth has fallen for two straight quarters, raising the specter of recession. But job gains have rolled on, including 263,000 more in September as a sign of economic health. Nonetheless, the latest jobs report sent stocks plummeting Friday on renewed worries that the Federal Reserve will have to continue aggressive interest rate increases to temper rising consumer prices.



FILE - President Joe Biden speaks at the Volvo Group Powertrain Operations in Hagerstown, Md., Friday, Oct. 7, 2022. With the economy consistently top of mind for voters who will decide the fate of vulnerable Democrats, Biden is urging patience amid the hazardous economic crosscurrents of persistent inflation, recession fears and the prospect of rising energy prices in the closing weeks of the midterm elections. (AP Photo/Manuel Balce Ceneta, File)


Read more: https://apnews.com/article/inflation-biden-presidential-elections-economy-election-2020-eca002fbe3c83179b921601080f25125?utm_source=homepage&utm_medium=TopNews&utm_campaign=position_10

[ffr]

1. I'm with Biden.

[HUAJIAO]

2. Joe, tell Americans that inflation and high gas prices are NOT an American anomaly.

They are international/global problems !!!

[SlimJimmy]

4. I could be way off base here, but ...

I don't think that will make many people happy. He needs to let us know what he has done and will do to get it back under control.

[Karma13612]

5. He can and should do

Both.

He needs to assure people he will do all in his power to help.

BUT

Since the media have trouble telling Americans that many of the economic strains right now are global, Biden needs to do it. Human nature is to blame your closet target. Educating them on the facts will help, but heaven forbid our media step up and point these things out.

[SlimJimmy]

6. I agree he should do both.

More than just saying he will do all within his power to help, he needs to outline the specific steps he's going take to ease inflation in this country. Otherwise, people will just view it as more rhetoric from a politician.

[Marthe48]

3. Women better get their rights back

or the despots can kiss their economy goodbye.

The effects of the unelected liars taking our rights away is moving from resentment to white hot anger. And it is only going to get worse. And it won't get worse for women. Women will make it worse for those who try to oppress them.