{"id":2379163,"date":"2024-12-12T06:21:02","date_gmt":"2024-12-12T11:21:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-gives-economic-farewell-speech-as-voters-say-good-riddance-washington-examiner\/"},"modified":"2024-12-12T06:22:34","modified_gmt":"2024-12-12T11:22:34","slug":"biden-gives-economic-farewell-speech-as-voters-say-good-riddance-washington-examiner","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-gives-economic-farewell-speech-as-voters-say-good-riddance-washington-examiner\/","title":{"rendered":"Biden gives economic farewell speech as voters say good riddance &#8211; Washington Examiner"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">26<\/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-gives-economic-farewell-speech-as-voters-say-good-riddance-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=2379163&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 Biden recently delivered a speech defending \u2062his economic legacy, coinciding with reports of rising inflation, wich marked its second consecutive month of\u200c increases. This <a href=\"https:\/\/amzn.to\/3YuVZYV\">juxtaposition highlights ongoing challenges faced<\/a> by \u2062his governance throughout his term. Despite Biden\u2019s optimistic portrayal of the economy, many voters remain unconvinced, as evidenced by his low approval rating, \u200dwith 39.1% approval and greater disapproval concerning \u200bhis economic policies\u201460% or higher in recent polls.<\/p>\n<p>On Election Day, 68% of voters rated\u2063 the economy negatively, \u200bfavoring Donald Trump \u2064substantially among these groups, particularly those who identified economic \u2063issues as\u200c their top concern. Biden&#8217;s messaging struggles stem from voters\u2019 perceptions being dominated by inflation and high living costs rather\u2062 than the more positive economic metrics his administration \u2064cited. Additionally,his limitations \u2063as \u2062a communicator,compounded by age,have contributed to the \u2064difficulty in effectively conveying his economic approach.\u200c Biden&#8217;s attempts to \u2062promote his economic strategies have failed to resonate widely beyond\u200d his partisan base, reflecting broader discontent among the electorate.  <\/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 gives economic farewell speech as voters say good riddance<\/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_1908944\" 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<\/a> emerged from his <a href=\"https:\/\/www.washingtonexaminer.com\/daily-memo\/3255445\/can-nation-wait-until-trump-inauguration-day\/\" target=\"_blank\" rel=\"noopener\" title=\"\">long winter&rsquo;s nap<\/a> to give a speech <a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3256102\/biden-brookings-economics-speech-legacy-shaky-bidenomics\/\" target=\"_blank\" rel=\"noopener\" title=\"\">defending his economic legacy,<\/a> and the next day it was <a href=\"https:\/\/www.washingtonexaminer.com\/policy\/finance-and-economy\/3256669\/inflation-rose-in-november-for-second-month-in-a-row-up-to-2-7\/\" target=\"_blank\" rel=\"noopener\" title=\"\">reported<\/a> that <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/inflation\/\" target=\"_blank\" rel=\"noopener\" title=\"\">inflation<\/a> was up for the second month in a row.<\/p>\n<div class=\"article-paywall\">\n<p>The two phenomena are not directly related, but Biden&rsquo;s <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/bidenomics\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Bidenomics<\/a> swan song and the persistence of inflation together serve as an effective illustration of the problems that have plagued <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/biden-administration\/\" target=\"_blank\" rel=\"noopener\" title=\"\">his administratio<\/a><a href=\"https:\/\/www.washingtonexaminer.com\/tag\/biden-administration\/\" target=\"_blank\" rel=\"noopener\" title=\"n\">n<\/a> for most of his term.<\/p>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\/news\/campaigns\/congressional\/3240974\/meet-new-congress-house-senate-freshmen-119th\/\"><strong>MEET THE NEW CONGRESS: THE HOUSE AND SENATE FRESHMEN ELECTED TO SERVE NEXT YEAR<\/strong><\/a><\/p>\n<p>Biden&rsquo;s happy talk about <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/economy\/\" target=\"_blank\" rel=\"noopener\" title=\"\">the economy<\/a> failed to convince many voters. It&rsquo;s a reason his <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/poll-harris-michelle-obama-2024-front-runners-if-biden-doesnt-run\/\" title=\"Poll: Harris, Michelle Obama 2024 Front-Runners If Biden Doesn\u2019t Run\">job approval rating stands<\/a> at just 39.1%, according to the <a href=\"https:\/\/www.realclearpolling.com\/polls\/approval\/joe-biden\/approval-rating\" target=\"_blank\" rel=\"noopener\" title=\"\"><em>RealClearPolitics <\/em>polling average<\/a>. Biden&rsquo;s economic disapproval rating was at 60% or worse in three of the last five polls the outlet<em> <\/em>included, with a fourth showing 59% disapproving of his handling of the economy.&nbsp;<\/p>\n<p>On Election Day, 68% of voters rated the economy as &ldquo;not so good&rdquo; or &ldquo;poor&rdquo; to just 5% who thought it was &ldquo;excellent,&rdquo; according to the exit polls. President-elect <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/donald-trump\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Donald Trump<\/a> received 70% of the vote among the first group. He took 88% among the third of voters who <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/consumers-disliked-2021s-economy-more-than-2020s\/\" title=\"Consumers Disliked 2021\u2019s Economy More Than 2020\u2019s\">thought national economic conditions<\/a> were poor. Trump won 81% of voters who said the economy was their top issue. Fifty-three percent of all voters said they trusted Trump more on the economy.<\/p>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\/news\/campaigns\/presidential\/3154530\/biden-trying-shape-legacy-with-months-left-white-house\/\"><strong>HOW BIDEN IS TRYING TO SHAPE HIS LEGACY WITH JUST MONTHS LEFT IN OFFICE<\/strong><\/a><\/p>\n<p>The outgoing president&rsquo;s economic messaging was consistently hampered by two factors: Voter perceptions of the economy were shaped more by inflation and the high cost of living than the most positive aggregate economic data the Biden administration preferred to cite and his own limitations as a communicator as his term wore on.<\/p>\n<p>Age isn&rsquo;t the only reason Biden struggled to drive a message on the economy or other issues. While comfortable making standard Democratic arguments about economic policy, his background in the Senate was chairing the Judiciary and Foreign Relations Committees. His theory for how he was growing the economy from the middle out never seemed to resonate beyond his partisan base.<\/p>\n<p>But it was a pretty big factor. Now 82, Biden isn&rsquo;t as smooth of a communicator as he once was. He is no longer reliable as an impromptu speaker and is not even as skilled as he used to be when reading a teleprompter. This showed up most conspicuously in his <a href=\"https:\/\/www.washingtonexaminer.com\/daily-memo\/3067725\/bidens-big-bluff\/\" target=\"_blank\" rel=\"noopener\" title=\"\">June 27 debate disaster <\/a>and <a href=\"https:\/\/www.washingtonexaminer.com\/news\/campaigns\/presidential\/3070279\/five-ways-biden-blew-it-after-debate\/\" target=\"_blank\" rel=\"noopener\" title=\"\">subsequent failure<\/a> at <a href=\"https:\/\/www.washingtonexaminer.com\/magazine-features\/3068833\/bidens-post-debate-collapse\/\" target=\"_blank\" rel=\"noopener\" title=\"\"><a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-steps-up-post-debate-damage-control-as-dem-panic-grows-washington-examiner\/\" title=\"Biden steps up post-debate damage control as Dem panic grows - Washington Examiner\">post-debate damage control<\/a><\/a>, resulting in the end of his reelection campaign.<\/p>\n<p>In his Brookings Institution economic speech on Tuesday, Biden returned to the themes that hadn&rsquo;t moved the needle much in the past three years, with sometimes <a href=\"https:\/\/www.youtube.com\/watch?v=OtnLO7GvJr8\" target=\"_blank\" rel=\"noopener\" title=\"\">halting delivery<\/a>.&nbsp;<\/p>\n<p>&ldquo;After decades of trickle-down economics that primarily benefitted those at the very top, we &mdash; we&rsquo;ve written a new book that&rsquo;s growing the economy &mdash; the middle-out and the bottom-up &mdash; that benefits, thus far, everyone,&rdquo; Biden said. &ldquo;And that&rsquo;s going to be the test with go- &mdash; going forward.&rdquo;<\/p>\n<p>This hokey-pokey as economic theory never connected with voters. The legislation Biden credits with bringing back pre-pandemic prosperity, the American Rescue Plan, is precisely what many Republicans blame for inflation spiking to a 41-year high.<\/p>\n<p>&ldquo;We acted quickly to get inflation down with the help of Republicans and Democrats.&nbsp; Inflation came down to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/south-dakota-lowers-unemployment-to-pre-pandemic-levels-after-state-rejected-lockdowns\/\" title=\"South Dakota Lowers Unemployment to Pre-Pandemic Levels After State Rejected Lockdowns\">pre-pandemic levels<\/a>. Wages have increased,&rdquo; Biden said Tuesday. &ldquo;But still, too many working- and middle-class families struggle with high prices for housing and groceries and the daily needs of life.&rdquo;<\/p>\n<p>Biden allies were slow to acknowledge that second point. His economic team initially insisted that inflation was &ldquo;<a href=\"https:\/\/www.washingtonexaminer.com\/news\/2597128\/inflation-could-cost-biden-and-the-democrats-greatly\/\" target=\"_blank\" rel=\"noopener\" title=\"\">transitory<\/a>.&rdquo; When unemployment goes down, people go back to work. When inflation goes down, prices don&rsquo;t return to their levels of just a few years ago. Moreover, voters remembered low unemployment and a growing economy with little inflation under Trump.<\/p>\n<p>This sets up an odd tension in Biden&rsquo;s Brookings speech where he mentions the good things he is bequeathing to &ldquo;my successor&rdquo; and the economic follies of &ldquo;my predecessor&rdquo; who happens to be the same person. He mentions Trump by name only twice, once to say he <a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3257328\/joe-biden-stupid-covid-checks-trump\/\" target=\"_blank\" rel=\"noopener\" title=\"\">should have copied<\/a> the once and future president by putting his own name on the stimulus checks and then again in a quote from <em>Time <\/em>magazine about the good economy Trump will inherit. Biden concluded by daring Trump to undo his economic policies, saying he had set the &ldquo;benchmarks, if you will, that we should measure the success or failure of our next four years.&rdquo;<\/p>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\/\"><strong><\/strong><\/a><\/p>\n<p>Yet, a plurality of voters looked at these same results and concluded it was time to bring back Trump.<\/p>\n<p>From the bottom-up and middle-out to over and out for Biden in four years.<\/p>\n<\/p>\n<\/div>\n<p> <script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><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_1908944\",\"obj\":{\"id\":\"27789\",\"width\":\"1280\",\"height\":\"720\",\"stickyDirection\":\"below\",\"video\":\"1908944\"}});<\/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 as inflation rises again<\/p>\n","protected":false},"author":2659,"featured_media":2379164,"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\/biden_economy.webp.webp","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[3620,41616,9717],"class_list":["post-2379163","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-biden","tag-economic-speech","tag-farewell"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/12\/biden_economy.webp.webp","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2379163","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\/2659"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2379163"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2379163\/revisions"}],"predecessor-version":[{"id":2379167,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2379163\/revisions\/2379167"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2379164"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2379163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2379163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2379163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}