Biden promised to build back better, but even as the economy recovers, workers are being left behind.

cross-posted from: https://lemmy.world/post/3239908

Despite the impressive growth in broad economic indicators like GDP and a reduction in unemployment, millions of Americans are grappling with an ongoing humanitarian crisis. The Democrats’ touted economic recovery, often referred to as “Bidenomics,” faces scrutiny as food insecurity reaches its highest level since Biden took office, and financial hardship in 2023 is worse than in the previous three years. While the initial aid measures helped alleviate the blow of the COVID-19 pandemic, the subsequent failure to enact a robust social agenda and the termination of temporary aid programs have left many Americans struggling. The situation is compounded by the fact that the country’s strong economic recovery has not translated into welfare for many, as financial distress increased significantly after the expiration of pandemic aid programs. This dichotomy between macroeconomic success and the reality on the ground has led to growing discontent, with recent polls reflecting low approval of Biden’s economic leadership.

  • Veedem@lemmy.worldEnglish
    83·
    1 year ago

    Food insecurity? That shit was greatly reduced with the expanded child tax credit and then both parties failed to continue it. It was a rare silver bullet that worked and our government, not one party, failed to make it permanent.

    • flossdaily@lemmy.world
      61·
      1 year ago

      Don’t both sides this. Democrats couldn’t get it done. Republicans actively wanted it gone.