President Biden has recently expressed his dissatisfaction with the media's portrayal of the economy, a topic of significant concern for voters as the 2024 elections approach.
Responding to a reporter's query about his economic outlook for the upcoming year, the President responded confidently, "All good," before urging the media to "Start reporting it the right way."
Biden's presidency has been marked by economic challenges, with voters giving him low approval ratings on this issue. The latest RealClearPolitics average reveals a mere 37.2% approval rating on economic matters, with a disapproval rating of 59.7%.
The President's tenure has been marked by high inflation rates, supply chain issues, and other economic difficulties. Although inflation has somewhat subsided, wage and income growth have not kept pace with price increases, leaving the President in a precarious position with voters.
In November, inflation was recorded at 3.1% for the previous 12 months, stubbornly exceeding the Federal Reserve's 2% target, but significantly lower than the 9.1% peak in June 2022.
In an attempt to turn this economic liability into a political advantage, Biden and his supporters have been promoting "Bidenomics" on the campaign trail, with varying degrees of success.
Former President Donald Trump, who generally receives higher public approval ratings on economic issues, could potentially challenge Biden in the upcoming election. During a recent exchange with reporters, Biden also touched on Trump's bid for presidential immunity from charges related to his attempts to overturn the 2020 election results. When questioned if "any president is absolutely immune from criminal prosecution," Biden responded, "I can't think of one."
Subsequently, Trump's lawyers submitted their initial brief on the matter to the DC Circuit Court of Appeals. This followed the Supreme Court's decision on Friday to reject special counsel Jack Smith's request for an expedited ruling in the case.
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