What in the world is it going to take to persuade Americans to shed their gloomy-Gus outlook on the U.S. economy?
You don’t need to answer that one. Just hear me out for a brief moment while I vent a bit of my frustration.
Here we are now officially in an election year. President Joe Biden is seeking another term, but he is facing headwinds that befuddle me. He is unable to persuade Americans that we are better off now than we were when he took office in January 2021.
Joblessness is down; employers are hiring tens of thousands of employees each month; inflation is down; interest rates are beginning to inch downward as well; retirement accounts are healthy; the stock market is setting records.
OK, I am going to set aside commenting on the border crisis and the phony investigations into alleged corruption involving the president.
Joe Biden has plenty of goods to sell Americans as he seeks re-election. He cannot seem to shake loose from Republicans who continue to feed the lie about the state of our economy.
They said we would plunge into recession. That the Dow would plummet. That inflation would gobble up Americans’ hard-earned savings accounts.
I don’t know about everyone else, but I am doing far better economically today than I was doing in 2020.
Should the president re-purpose the query that Ronald Reagan posed during the 1980 campaign against President Carter? He shouldn’t even consider it. I am certain that a similar question can be presented this year that would produce a far different response than the one Reagan used to devastating effect.
The very future of our nation depends on whether President Biden can find a way to vanquish forever the forces that keep lying to us about our nation’s economic health.