• @[email protected]
    link
    fedilink
    English
    494 months ago

    and the slowest annual gain in prices since March 2021.

    Its shit like this, dont tout this like a victory, i cant afford electricity right now

    • @[email protected]
      link
      fedilink
      74 months ago

      Biden has also had 0 impact on that. The Fed is managing that because Congress doesn’t do anything but pass legislation for lobbyists and the Fed is also driving up unemployment as a result.

      • @[email protected]
        link
        fedilink
        English
        104 months ago

        the president has the impact of the most powerful endorsement in the country. Technically, the president’s impact on legislation is just his ability to veto, but in practice both parties operate in tandem with the executive and legislative branches, the president is the figurehead of the party and the strategy has generally been to rally behind their campaign platform. With Biden we’ve had the inflation reduction act and the infrastructure bill. Obama famously drove the affordable care act, even though they personally didnt get to vote on it.

    • @[email protected]
      link
      fedilink
      44 months ago

      The recession started to emerge in 2019. You don’t turn a large ship around on a dime. There are more jobs, wages are up and inflation is down. What do you expect?