{"id":2378580,"date":"2024-12-10T15:05:02","date_gmt":"2024-12-10T20:05:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-makes-the-case-for-his-legacy-in-shaky-bidenomics-speech-washington-examiner\/"},"modified":"2024-12-10T15:07:20","modified_gmt":"2024-12-10T20:07:20","slug":"biden-makes-the-case-for-his-legacy-in-shaky-bidenomics-speech-washington-examiner","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-makes-the-case-for-his-legacy-in-shaky-bidenomics-speech-washington-examiner\/","title":{"rendered":"Biden makes the case for his legacy in shaky Bidenomics speech &#8211; Washington Examiner"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">28<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbiden-makes-the-case-for-his-legacy-in-shaky-bidenomics-speech-washington-examiner%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2378580&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>president Joe\u200d Biden delivered a speech at the\u2064 Brookings Institution, aiming to highlight his economic legacy as he prepares to leave office. However, he struggled during the presentation, faced with difficulty reading \u2064his notes and experiencing \u2062technical issues with\u2062 his teleprompter. \u200cBiden \u2064asserted that the economy is undergoing a significant conversion and emphasized that \u2063a strong\u200d economy would be inherited by the next administration, cautioning that his successor, Donald Trump, could potentially\u200d worsen the situation. He argued that U.S.\u200d companies \u200care returning to invest in\u200b American production after years of outsourcing jobs.Despite his efforts to bolster his economic\u2064 record,Biden\u2019s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/confirmed-president-trump-will-not-welcome-china-joe-to-the-white-house-on-wednesday\/\" title=\"Confirmed: President Trump Will NOT Welcome China Joe to the White House on Wednesday\">approval rating stands<\/a> at\u2063 only 39.3%.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Biden makes the case for his legacy in shaky Bidenomics speech<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_1907844\" class=\"tpd-featured-video bridtv\"><\/div>\n<p>President <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/joe-biden\/\" target=\"_blank\" rel=\"noopener\" title=\"Joe Biden\">Joe Biden<\/a> made the case for his <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/bidenomics\/\" target=\"_blank\" rel=\"noopener\" title=\"economic legacy\">economic legacy<\/a> at a prominent <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/washington-dc\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Washington<\/a> think tank on Tuesday, though he struggled to read his notes throughout.<\/p>\n<div class=\"article-paywall\">\n<p>&ldquo;Most economists agree the new administration is going to inherit a fairly strong economy, at least at the moment,&rdquo; Biden said, warning that President-elect <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/donald-trump\/\" target=\"_blank\" rel=\"noopener\" title=\"Donald Trump\">Donald Trump<\/a> could make things worse. &ldquo;An economy that&rsquo;s going through a fundamental transformation, that has laid out a stronger foundation and a sustainable, broad-based, highly productive growth.&rdquo;<\/p>\n<p>Biden made the speech at the <a href=\"https:\/\/mediabiasfactcheck.com\/brookings-institute\/\" target=\"_blank\" rel=\"noopener\" title=\"left-leaning\">left-leaning<\/a> Brookings Institution, whose president, Cecilia Rouse, served in the Biden administration from 2021 until last year. With six weeks to go before he leaves office, the 82-year-old incumbent fumbled through much of his remarks, pausing to cough and blaming a &ldquo;cold.&rdquo; He momentarily halted his speech when his teleprompter malfunctioned, saying, &ldquo;I lost the&nbsp;electricity&nbsp;here.&rdquo;<\/p>\n<blockquote class=\"twitter-tweet\" data-media-max-width=\"560\">\n<p lang=\"en\" dir=\"ltr\">Biden&#8217;s teleprompter goes out and he immediately malfunctions: &#8220;I lost the electricity here&#8221; <a href=\"https:\/\/t.co\/aMoo10nWPZ\">pic.twitter.com\/aMoo10nWPZ<\/a><\/p>\n<p>&mdash; Jake Schneider (@jacobkschneider) <a href=\"https:\/\/twitter.com\/jacobkschneider\/status\/1866542943777198559?ref_src=twsrc%5Etfw\">December 10, 2024<\/a><\/p><\/blockquote>\n<p> <script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>    <\/p>\n<p>What became clear was that Biden believes he has a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/yes-kamala-harris-really-is-that-stupid\/\" title=\"Yes, Kamala Harris Really Is That Stupid\">strong economic record<\/a> and wants that to be remembered as he exits the stage.<\/p>\n<p>&ldquo;After decades of sending jobs overseas for the cheapest labor possible, companies are coming back to America investing in building gear and creating jobs here in America, in my view, where they belong,&rdquo; the president said, making a point that Trump likely <a href=\"https:\/\/www.washingtonexaminer.com\/premium\/3242124\/trump-looks-to-spin-trade-wheel-even-faster-in-term-two-subhed-president-elect-allies-arent-skeptical-free-trade-per-se-but-say-foreign-countries-arent-actually-practicing-it\/\" target=\"_blank\" rel=\"noopener\" title=\"agrees with\">agrees with<\/a>.<\/p>\n<p>Despite his claims, Biden&rsquo;s approval rating on the economy sits at 39.3%,&nbsp;<a href=\"https:\/\/www.realclearpolitics.com\/epolls\/other\/president_biden_job_approval-7320.html\" target=\"_blank\" rel=\"noreferrer noopener\">according<\/a>&nbsp;to the <em>RealClearPolitics<\/em>&nbsp;average, and his party lost to Trump in an election where economic concerns sat top of mind. <\/p>\n<p>The <a href=\"https:\/\/amzn.to\/3YuVZYV\">president blamed high inflation<\/a> on the COVID-19 pandemic and the war in Ukraine but said his administration was able to overcome those problems.<\/p>\n<p>&ldquo;Four years ago, when I came to office, 3,000 Americans were dying per day from a pandemic that had profound effects on our economy, not only ours, but around the world,&rdquo; Biden said. &ldquo;Millions of Americans lost their jobs.&rdquo;<\/p>\n<p>During his first years in office, Biden was able to usher several economic bills through Congress, including the $1.2 trillion Infrastructure Investment and Jobs Act, the $280 billion CHIPS and Science Act, and the $891 billion Inflation Reduction Act. <\/p>\n<p>He said the projects funded by those bills would make an impact for decades to come and teased Trump for failing to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/after-calling-china-the-top-geopolitical-threat-biden-lets-beijing-off-the-hook\/\" title=\"After Calling China the Top Geopolitical Threat, Biden Lets Beijing Off The Hook\">pass infrastructure spending<\/a> during his first term.<\/p>\n<p>&ldquo;Remember infrastructure week? We had infrastructure week for four years. Nothing got built,&rdquo; Biden said. &ldquo;Everybody said when I wanted to have an infrastructure bill that mattered, over $1.3 trillion, that we&rsquo;d never get it done. We got it done.&rdquo;<\/p>\n<p>Biden, in another point of agreement with Trump, touted the importance of domestic manufacturing, saying the supply chain crunch during the pandemic exposed how vulnerable the U.S. can be, especially with critical goods like <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/dell-to-phase-out-all-computer-chips-made-in-china\/\" title=\"Dell To Phase Out All Computer Chips Made In China\">computer chips made<\/a> mostly in faraway nations.<\/p>\n<p>&ldquo;Grow the economy from the middle out and the bottom up, invest in America and American products,&rdquo; Biden said. &ldquo;When that happens, everybody [does well], and the wealthy still do very well.&rdquo;<\/p>\n<p>Biden also defended pushing the $1.9 trillion American Rescue Plan through Congress with no Republican votes shortly after taking office. While conservatives claim the bill worsened inflation with almost $2 trillion in spending, Biden called it &ldquo;the most significant economic recovery package in our history.&rdquo;<\/p>\n<p>He claimed that inflation-adjusted wages have risen $4,000 during his administration and that public support for labor unions is the highest it has been in more than 50 years.<\/p>\n<p>&ldquo;The bottom line is, in four short years, we come a long way from the crisis we inherited,&rdquo; Biden said, adding that he&rsquo;s &ldquo;leaving the presidency, but I&rsquo;m not going away.&rdquo;<\/p>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong><\/strong><\/a><\/p>\n<p>Referring to Trump as &ldquo;my predecessor&rdquo; throughout the speech, Biden focused at the end on the coming second Trump term, warning that his promised import tariffs would be a major mistake and that a retreat from the world stage would be dangerous. <\/p>\n<p>&ldquo;If we&rsquo;re not leading the world, who does?&rdquo; Biden said. &ldquo;Not a joke. I&rsquo;m not being a wise guy. If we do not lead the world, what nation leads the world? Who pulls Europe together? Who tries to pull the Middle East together? How do we deal with the Indian Ocean? What do we do in Africa? We, the United States, lead the world.&rdquo;<\/p>\n<\/div>\n<p> <script>!function(){var g=window;g.googletag=g.googletag||{},g.googletag.cmd=g.googletag.cmd||[],g.googletag.cmd.push(function(){g.googletag.pubads().setTargeting(\"has-featured-video\",\"true\")})}();<\/script><script>var _bp=_bp||[];_bp.push({\"div\":\"Brid_1907844\",\"obj\":{\"id\":\"27789\",\"width\":\"1280\",\"height\":\"720\",\"stickyDirection\":\"below\",\"video\":\"1907844\"}});<\/script><script defer src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Biden defends his economic legacy in a faltering speech<\/p>\n","protected":false},"author":2635,"featured_media":2378581,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/12\/Joe-Biden-Bidenomics-Legacy.webp","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[3620,12626,9168,4185],"class_list":["post-2378580","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-biden","tag-bidenomics","tag-economy","tag-legacy"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/12\/Joe-Biden-Bidenomics-Legacy.webp","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2378580","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2635"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2378580"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2378580\/revisions"}],"predecessor-version":[{"id":2378584,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2378580\/revisions\/2378584"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2378581"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2378580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2378580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2378580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}