Latest news with #Bidenomics'
The Hill
02-07-2025
- Business
- The Hill
Watch live: Biden in California speaks on US workforce, economy
Former President Biden is in San Diego on Wednesday where he will headline the Society for Human Resource Management's (SHRM) annual conference with remarks focused on the U.S. workforce and economy after leaving the White House. According to the press release, Biden is expected to 'provide his unique perspective' on 'leadership, workforce transformation, and the future of work.' SHRM noted that former Presidents Bill Clinton (D) and George W. Bush (R) have also addressed the workers conference in previous years. During his time in the White House, the former president often touted his 'Bidenomics' agenda — including passage of the bipartisan infrastructure framework and Inflation Reduction Act — and strong jobs numbers following the COVID-19 pandemic. He has also criticized President Trump's policy agenda in recent weeks. The event in California is scheduled to begin at noon EDT. Watch the live video above.
Yahoo
13-03-2025
- Business
- Yahoo
Nearly half of Americans say economy worsening: Poll
Nearly half of Americans said the economy is worsening, according to a Thursday The Economist/YouGov poll. Forty-eight percent of respondents said they believe the economy is getting worse, while 19 percent said it is getting better. The poll took place between March 9 and 11, a period that included rough days for the stock market. On Monday, the stock market started the week with intense losses. That day, the Dow Jones Industrial Average closed with a loss of 890 points, dropping 2.1 percent. Since the start of the month, stocks have been dropping steadily due to underwhelming economic data and President Trump's tariff plans, but the sell-off escalated Monday. Peter Navarro, a senior trade adviser to President Trump, chalked up the state of the economy on Wednesday to the transition away from 'Bidenomics' to 'Trumpnomics.' The poll also found that most respondents were split on Trump's approach to the economy. Forty-three percent of respondents approved while 47 percent disapproved. Also on Thursday, a Quinnipiac University poll found that most Americans disapprove of the president's handling of the economy. Another survey, from Reuters/Ipsos, found that most find Trump's economic plans to be 'erratic.' Commerce Secretary Howard Lutnick reiterated Navarro's view, stating that any economic troubles could be blamed on former President Biden. 'The only reason there could possibly be a recession is because of the Biden nonsense that we had to live with,' Lutnick said during a Tuesday interview. The Thursday poll from The Economist/YouGov found that Americans are divided on whether the U.S. economy is experiencing a recession. Thirty-seven percent of respondents said they think so, while 32 percent said the opposite. A third of respondents said they were unsure. The poll featured 1,699 participants and a margin of error of 3.2 percentage points as its margin of error. Sophia Vento contributed to this report. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
The Hill
13-03-2025
- Business
- The Hill
Nearly half of Americans say economy worsening: Poll
Nearly half of Americans on Thursday said the economy is worsening, according to a new The Economist/YouGov poll. Forty-eight percent of respondents said they believe the economy is getting worse while 19 percent said it is getting better. The poll took place between March 9 and 11, a period that included rough days for the stock market. On Monday, the stock market started the week with intense losses. That day, the Dow Jones Industrial average closed with a loss of 890 points, dropping 2.1 percent. Since the start of the month, stocks had been dropping steadily due to underwhelming economic data and President Trump's tariff plans, but the selloff escalated Monday. Peter Navarro, a senior trade adviser to President Trump, chalked up the stock market dip and consumer sentiment on Wednesday to the transition away from 'Bidenomics' to 'Trumpnomics.' The poll also found that most respondents were split on Trump's approach to the economy. Forty-three percent approved while 47 percent disapproved. Also on Thursday, a Quinnipiac University poll found that most Americans disapprove of the president's handling of the economy. Another survey, from Reuters/Ipsos, found that most find Trump's economic plans to be 'erratic.' Commerce Secretary Howard Lutnick doubled down on Navarro's view, stating that any economic troubles could be blamed on former President Biden. 'The only reason there could possibly be a recession is because of the Biden nonsense that we had to live with,' Lutnick said during a Tuesday interview. The Thursday poll from The Economist/YouGov found that Americans are divided on whether the U.S. economy is experiencing a recession. Thirty-seven percent said they think so, while 32 percent said the opposite. A third of respondents said they were unsure. The poll featured 1,699 people and plus or minus 3.2 percentage points as its margin of error.
