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Bidenomics Isn’t Working For Working People

https://lemmy.world/post/3239961

Bidenomics Isn’t Working For Working People - Lemmy.world

cross-posted from: https://lemmy.world/post/3239908 [https://lemmy.world/post/3239908] > Despite the impressive growth in broad economic indicators like GDP and a reduction in unemployment, millions of Americans are grappling with an ongoing humanitarian crisis. The Democrats’ touted economic recovery, often referred to as “Bidenomics,” faces scrutiny as food insecurity reaches its highest level since Biden took office, and financial hardship in 2023 is worse than in the previous three years. While the initial aid measures helped alleviate the blow of the COVID-19 pandemic, the subsequent failure to enact a robust social agenda and the termination of temporary aid programs have left many Americans struggling. The situation is compounded by the fact that the country’s strong economic recovery has not translated into welfare for many, as financial distress increased significantly after the expiration of pandemic aid programs. This dichotomy between macroeconomic success and the reality on the ground has led to growing discontent, with recent polls reflecting low approval of Biden’s economic leadership.

Bidenomics Isn’t Working For Working People

https://lemmy.world/post/3239908

Bidenomics Isn’t Working For Working People - Lemmy.world

Despite the impressive growth in broad economic indicators like GDP and a reduction in unemployment, millions of Americans are grappling with an ongoing humanitarian crisis. The Democrats’ touted economic recovery, often referred to as “Bidenomics,” faces scrutiny as food insecurity reaches its highest level since Biden took office, and financial hardship in 2023 is worse than in the previous three years. While the initial aid measures helped alleviate the blow of the COVID-19 pandemic, the subsequent failure to enact a robust social agenda and the termination of temporary aid programs have left many Americans struggling. The situation is compounded by the fact that the country’s strong economic recovery has not translated into welfare for many, as financial distress increased significantly after the expiration of pandemic aid programs. This dichotomy between macroeconomic success and the reality on the ground has led to growing discontent, with recent polls reflecting low approval of Biden’s economic leadership.

The brazen display of corporate power, as exemplified by Occidental Petroleum’s monetary influence over critical safety legislation, illuminates the pervasive degradation of our democratic systems. It’s nothing short of an affront that crucial regulations, designed to safeguard the public and born out of tragedies like East Palestine, are so easily thwarted by industry interests.

The lack of attention paid by mainstream media and politicians to these incidents is both disheartening and revealing, demonstrating the tendency to obfuscate corporate misdeeds and the adverse impacts of unfettered capitalism on public safety.

Corporate Cash Derails Train Safety Bill

https://lemmy.world/post/2632376

Corporate Cash Derails Train Safety Bill - Lemmy.world

Summary: In a significant setback for railroad safety reform, contributions from a major oil corporation may have stalled critical legislation in Congress. Occidental Petroleum, the producer of the toxic chemicals released during a train derailment in East Palestine, Ohio, earlier this year, donated $2 million to the Senate GOP’s super PAC as bipartisan rail safety legislation was delayed. The American Chemistry Council, Occidental’s lobbying arm, also donated $250,000 to the House GOP’s super PAC while campaigning for amendments that would weaken the proposed bill. The rail safety bill, initially presented as a landmark opportunity to impose new regulations on the rail industry, appears doomed six months after the East Palestine disaster. Despite comprehensive amendments proposed by Senator J.D. Vance (R-Ohio) and Senate Commerce, Science, and Transportation Committee Chair Maria Cantwell (D-Wash), the legislation is still not expected to garner sufficient Republican support for Senate passage. As part of the amendments, the deadline to replace older, puncture-vulnerable tank cars with safer models was extended by three years — a move heavily promoted by chemical and rail supply industry lobbyists. The derailment in East Palestine involved flammable and carcinogenic vinyl chloride being transported in such outdated tank cars.

Biden joining + everyone else dropping out was the last hope the establishment had to kneecap Bernie, and it fucking worked

Yes! He’s running as a green. And the democrats are ‘concerned’ and telling people don’t vote third party or else you’ll get trump!

But then when asked why they won’t add something like STAR voting to their platform, they go quiet. They love holding us hostage and don’t want to give that up! 🤣

He has definitely been positioning himself for it. The insulin moves are welcome, but the fact he let a single payer bill expire after promising to pass it leaves an all too familiar sting. But perhaps he can at least be moved on reducing prices for more pharmaceuticals and descheduling marijuana due to its legalization in CA. We’ll see.
That’s a great way to put it. Both parties are funded by dark money interests, one drives us to the right and the other keeps us in place. This is described as the ratchet effect

I think it’s a losing message to campaign on “everything is fine” when the vast majority of Americans are struggling.

Breaking Points covered this article and highlights that the current expectation is to simply say “we’re better than trump”. I don’t think this is very effective and believe that only an economic message can sway voters.

MSNBC: When Will Black Voters FALL IN LINE | Breaking Points

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I think if there was a regular debate schedule it could have gotten interesting. But with the way it is now, you’re absolutely correct