Biden economist on jobs success: ‘You can’t play trickle-down games!’
President Biden’s Chair of the WH Council of Economic Advisors Jared Bernstein tells MSNBC’s Ali Velshi why the Biden-Harris Admin. investment and policies have helped created jobs in the so-called “forgotten counties” of America far more robustly than in the Trump years, a “remarkable comeback” that has stunned experts.
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#Biden #2024election #inflation
Пікірлер: 314
One question, please! Is NVIDIA a safe buy to outperform the market this year? I'm tired of these new buys every week, just to make up some assets with a low percentage on my $236k portfolio and try to keep everything around 10%.
@rossie-m2t
25 күн бұрын
I've always advised the investors I know to exercise caution when it comes to new buys, especially right now. You should thread the market with the guidance of a qualified specialist or reliable counsel if you don't know where to look.
@lasandra-h1v
25 күн бұрын
@@rossie-m2t I deal with an investment advisor for this reason. I currently have over $800k invested in a diversified portfolio that has grown exponentially and is suitable for all market seasons. Our current project for this year is a more concrete ballpark target.
@yuri-g5k
25 күн бұрын
@@lasandra-h1v How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
@lasandra-h1v
25 күн бұрын
@@yuri-g5k Victoria Carmen Santaella is the licensed advisor I use. Just research the name. You’ll find the necessary details to work with.
@yuri-g5k
25 күн бұрын
@@lasandra-h1v I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip.
Now let’s shout this news from the rooftops. Billboards, commercials, every channel should be making this top news. Remind the public as to why they or their family members or neighbors have their new jobs. Thank you for this interview. The Bidenomics Plan works.
@WalterDempsey-bj6ut
25 күн бұрын
Bidenomics is destroying this country!! High gas, high food costs, high energy costs and high interest rates is not a great economy!! The metrics they use have nothing to do with the American people!!
@DavidKrenz-gu1rj
24 күн бұрын
Bidenomics is terrible.. high inflation, high interest rates, high gas, what part is good?
In the past 40 years we've had 7 Presidents; 4 Republican & 3 Democrat. The 4 Republicans saw the U.S. economy enter a recession before they left office, & so a Democrat came in to fix the economy. The Democrat saw the U.S. economy recovering by the time he left office only to have a Republican replace him & continue the cycle
@only2genders02
25 күн бұрын
In 2020 democrat governors, such as Whitmer, Cuomo and Newsome made it illegal to run a business and illegal to go to work. Which caused economic collapse. So it wasn't Trump's fault.
@only2genders02
25 күн бұрын
Still gonna vote for Trump tho...
@Clarence-og9tu
25 күн бұрын
It's a terrible cycle the American people never seem to catch onto.
@Diaghol
25 күн бұрын
@@only2genders02he is about to be sent to prison for good...
@only2genders02
25 күн бұрын
@@Diaghol Actually, he's about to have the convictions overturned. And I'm ok with that.
If billionaires can get tax cuts, it's only right to directly give people the benefits of a booming economy, be it through loan forgiveness (for those who already paid in full the principal amount), lower taxes for the miiddle class or MORE IRS FUNDING TO RUN AFTER TAX EVADING MIL/BILLIONAIRES.
@only2genders02
25 күн бұрын
Billionaires pay a higher percentage of their wages to taxes than you do. Just fyi. And where does go. Hunter's dealer.
@JudyStroyer-bk6fb
25 күн бұрын
Under Trump's tax cuts, More than 65% of Americans sat a reduction in their federal tax liability. And despite lowering the corporate tax rate, we saw increased tax revenue following the tax cuts..... Stop listening to these people
@edjo487
25 күн бұрын
Where did you get your Economics degree? Trump University of the one percent? What you claim has no data to back it up! Hope and Limberg looked at 5 decades of tax cuts in 2020. Their research clearly indicated only the wealthy benefit from tax cuts for the rich which is why the gap in wealth between the one percent and everyone else keeps increasing. 💙 Biden!
Finally someone mentions this achievement. Biden is for the people.
@wtfisthishandIebuIlshit
25 күн бұрын
@josephsonora3787 Bye bye, Ioser.
@only2genders02
25 күн бұрын
Biden is for himself. And his family.
@JudyStroyer-bk6fb
25 күн бұрын
All of the new jobs are going to illegal immigrants
@gatvestreet9248
25 күн бұрын
If this is an accomplishment we can pretend (like pronouns) that food costs are not sucking up any gains we may have made.
@ChristyMorris-rh7rq
25 күн бұрын
@@gatvestreet9248maybe you should hold the company's,stock buy backs,and their record profits accountable - they are the ones screwing you over!!!
"That's why I call him Donald Herbert Hoover Trump" 💥🎤😎 President Biden Detroit
@mrfish3971
24 күн бұрын
Just like he calls Trump his vice president and calls Vladimir valinski, Vladimir putin. He's a dope just like his dope head son.🤦
Record low Unemployment. Record high Stock Market. Record high 401k numbers. Record high oil drilling and exports. What's not to like about Bidenomincs?
@doublecrossedswine112
25 күн бұрын
my 401K will be voting for this man, that's for sure. I'm also a fan of how bad China and Russia are doing right now.
@gageshippy2256
25 күн бұрын
The only person dumber than Joe Biden is the people who voted for him.
@WalmartAnus
25 күн бұрын
Bidenomics Continued: Record high inflation Record high costs of living Record high debts But you're right, unemployment is definitely on the rise
@Upper-cr1kh
25 күн бұрын
Inflation is at 3.9% and as high as 9% under Joe. It was 1.2 when he became president. Unemployment rate is at 4% higher than Trump's 3.6% we are funding two wars under Joe, taxes are higher gas is higher interest rates are through the roof. I love when people can't speak specifically and have to lie to themselves😂
@gageshippy2256
25 күн бұрын
@@doublecrossedswine112 both Russia and China are getting what they want under Biden. Putin is going to keep huge chunks of Ukraine thanks to Bidens weakness.
Go Joe! Best President in our life-times! We love him for his honesty, his authenticity, his compassion, his generosity, his deeply evident social intelligence! Come everyone! Give him the love and appreciation he deserves for giving up his retirement years to save America and the world from Trump and his crony Putin!
@bettiebelinger1826
25 күн бұрын
Well said!
@PovertyHomie
25 күн бұрын
Yeah open borders and high inflation
Thank you for a substantive discussion! Biden is our guy, let the people vote, media and billionaires should not try to bully Biden out of the race and ignore the 14 millions of primary voters.
Specifically re: car insurance. One of the "excuses" for raising rates is more speeding and recklessness since Covid. I have seen that, dramatically! I travel a 50-mile stretch of I80 East San Francisco Bay to Fairfield quite a bit, and I expect every time, as I travel above 70 mph, to be wildly passed by at least one scary person weaving all 4 lanes. So it's a classic instance of a few bad actors screwing the rest of us. Definitely post-Covid.
@Christie_1701
25 күн бұрын
Drivers in general have definitely become significantly worse since COVID. I'm still not excusing insurers for higher prices though.
@jodirook71
25 күн бұрын
same in Seattle 80 miles each way can be 1.5 hrs or over 5hrs....depends on number of MVA
for the 6 minutes 41 sec of this story u should just say for the whole 641,, AMERICA MIDDLE CLASS WAS AT IT BEST WHEN TAX RATE WAS OVER 50% IN THE 50.S
@user-mi1kl2iv6p
25 күн бұрын
50% at least for the richest, for the country.
@onomatopoeia162003
25 күн бұрын
But it wasn't the effective rate though.
Thank you Joe Biden and Bidenomics. During tRUMP's disastrous handling of Covid-19 I lost my job of 20 years and was unemployed for close to 2 years. My saving had almost run out and at my age I was nearly at my wits end. Joe Biden came along and kick started to economy with his Infrastructure Bill and no nonsense and no gimmicks Bidenomics. I scored a great 6 figure job with a decent health care plan and I'd like to thank Joe Biden and all the Democrats for giving me back my dignity.
@Tlove439
25 күн бұрын
Thank you for sharing. I'm glad you are back on your foot . 💙💙💙
@kyndellvaldez
25 күн бұрын
@@seankennedy8945yeah, no… unemployment is currently the lowest it has been in 50 years.
@brandon3525
25 күн бұрын
you milked the system for two years?
@joerogain5025
25 күн бұрын
How come our economy always does better under Democrats than under Republicans? Eg. Nixon, Reagan, The Bush's and tRUMP for example of bad economies.
@only2genders02
25 күн бұрын
Trump didn't tell you to stay home. Your mayor and governor did that.
An economy doesn't do well by money staying in the accounts of rich people. An economy works by the MOVEMENT of money. So what President Biden said is ABSOLUTELY CORRECT! The middle class and lower income are the breath & blood of an economy. I was do impressed when listening to Biden discuss foreign policy and global interactions, as well as the economy. Biden's eyes were alert, words clear, as were the principles he described. Through the whole discussion/speech, Biden was clear on the dollars involved, the reasons for changes. The same for the later foreign policy and global interests. It continues to be great to hear a President who knows how things work; I had flashbacks to Trump at the debate, claiming that a 10% tariff would be paid by China. It was obvious that Trump has NO CLUE how tariffs work, just as he has no clue how NATO financial allocations are determined.
Trickle down? That's when you feed a horse oats and what falls out the back side onto the ground is what's left for the Sparrows.
@martinq1920
25 күн бұрын
That's right and that's what the Republican philosophy is all about. More money for elites like Trump's pals. It never trickles down.
@markdegloria4038
24 күн бұрын
Typical Class Warfare rhetoric 😂
Finally. Where has the White House communications team been when Trump is out there everyday touting the economic succes he made up. This why, when asked who they think is better at the economy, the majority of voters believe Trump is better than Biden.
Voting Blue Biden and Harris working hard for us.
@user-dc4uo2sh1t
25 күн бұрын
Compare the records it's apples and oranges Biden is a complete failure
Voting for Biden Harris 💙!
@user-dc4uo2sh1t
25 күн бұрын
What have they done for you to make your life better?
@PacificForage
25 күн бұрын
@@user-dc4uo2sh1tThey got rid of your cult leader for the last 4 years, for one.
Biden 2024 💙💙💙
Exactly! I dare the Republican party to challenge Donald Trump on his words at the debate stating that he was the greatest president and everything he did was great!
@JudyStroyer-bk6fb
25 күн бұрын
Why? We agree with him
@gatvestreet9248
25 күн бұрын
Sure. He did about half of what he said he would do. Less than that at the border. Not one of the greatest. BUT, compare 2019 to 2023, there’s no contest. Biden administration is a train wreck no matter how they spin in. Delusional DEI focused, pretend pronoun using, illegal alien loving fools are running this country into the ground. Deviant groomers and anti-women Democrats in government have done very very very little in. 3 years.
@danpenry8899
25 күн бұрын
Everything he did was great unlike all the smoke and mirror lies they're telling about the current administration... The majority of the jobs Biden created our government jobs which cost the taxpayer money... How many hundreds of thousands of employees did the government hire to take care of all the immigrants an add to it the cost of taking care of the immigrants...
Recommend watching "Bad Faith" documentary and read Project 2025: Trump agenda 47 is similar to project 2025.
@only2genders02
25 күн бұрын
I like some of P-2025. The parts that MSNBC told us about. Which I think was supposed to be a deterrent. Unfortunately for MSNBC, it had the opposite effect.
@Samantha-lg1bw
25 күн бұрын
Thanks for the tip.
@barrydavey7188
25 күн бұрын
@@only2genders02 A fascist would...
🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸 GoBiden 👍😄 SAVE DEMOCRACY 😅🤙 down with project 2025👎
Wages BEATING PRICES
Is forcing business to close then when they reopen hiring ppl back is job sucucce?
@GunnerUSA
25 күн бұрын
You are fool.
@sd70cal
24 күн бұрын
There is 6.2 million new jobs above what there was before the pandemic. Even when taking the pandemic related statistics out, Biden's economy was seeing close to twice the per-month job gains that Trmps economy did before the pandemic.
Putting everything else aside and only thinking of money, YES I have done better under Biden...550 a day and bonuses ....trump 709 a week.....so 11,000 a mo vs 2,836.... I DO care more about democracy, womans health, civil rights, education, and many other things MORE than money...RIDIN WITH BIDEN TILL THE WHEELS COME OFF!!!
Where? Show us the data? What state?????
You can't win the inflation game either. The fact that consumers of all stripes pay more for goods and services.
Gas in Southern Oregon $4.58 this guy is LYING. CHAIN STORE WE USE SAID PRICES ARE STILL UP 30%.
An awful lot trickled down to the Biden’s tables.
Velshi has been exposed in the past at failing Econ 101..he does it again
Why are so many seniors Homeless and living in There cars; I’ve seen 80-year-olds being put out of their apartment that they’ve lived in for 10 years. I found veterans sleeping on the street sometimes when I have the opportunity I take the homeless food so far it seems to be about 15 million homeless people over the entire United States and now they want to remove them from the streets in certain places, so that they just can’t be seen. I’m disgusted with it with it. Very sad, but wisdom is justified of her children.
@sd70cal
24 күн бұрын
That trend started back in the 1980's when the Republican party began it's failed trickle down policies. It has moved the majority of wealth from the lower and middle income to the most wealthy in our nation. And hedge-funds should not be allowed to buy up all of the starter homes in America where they can then raise rents to absurd The republicans want to gut Social Security so get ready for more homeless if they get back in office.
Better yet put it on the ID net work!
200k-800k Walmart-pay jobs
They're part-time jobs with no benefits.
💙 Do you love Student Loan Forgiveness??? I DO!!! 💙
@DavidKrenz-gu1rj
24 күн бұрын
Deadbeat
@LoveWins-xv9lm
24 күн бұрын
@@DavidKrenz-gu1rj Oh, I can just hear the banjos playing and smell the trailer park from your comment. 💙💙💙
@DavidKrenz-gu1rj
24 күн бұрын
Typical response from someone who can’t pay their own bills… I am doing quite well myself financially I don’t need assistance…. You had 3 years of no payments, really?? Liberal Arts major most likely…
@DavidKrenz-gu1rj
24 күн бұрын
Supreme Court ruled Brandon didn’t have authority… Evidently you like a Dictator for President..
@DavidKrenz-gu1rj
24 күн бұрын
Brandon doesn’t have authority to forgive student loans.. What makes you so special?
High Inflation Success
@sd70cal
24 күн бұрын
Much better than the major recession or depression greater than the Great Depression as Trmp predicted was going to happen. The Japanese suffered a recession worsened by low consumer confidence in the early 1990. They are still trying to recover from that. So yes, comparably, the inflation is a success. It means this is a strong economy.
@PovertyHomie
24 күн бұрын
@sd70cal Yes let's lower the bar for Joe. Tu quoque.
@sd70cal
24 күн бұрын
@@PovertyHomie Not letting the country slide into a recession as everyone thought is raising the bar. His administration did what almost no one thought they could pull off.
Delusional
💙💙💙💙💙 Blue Wave 2024 💙💙💙💙💙
So glade we are moving away from phony Trickle down. Lets build from the middle out and the bottom up. Lets go Joe!
President Biden has my vote 🌊🌊🌊🌊🌊🌊🌊
4 more years! 4 more years! 4 more years! 4 more years! 💙💙💙💙💙
BIDENS EXCEPTIONAL EXCELLENT
I stand with Biden
America is so much better with the leadership of President Biden. Vote Blue.GO JOE
Rich people don’t pay large income taxes, because they don’t have large salaries… they have wealth, Brandon is so confused… he was in the Senate for 40 years, why did he let this happen? Because he is bought and paid for…
@sd70cal
24 күн бұрын
That is why he wants to have gains and passive income taxed in similar ways to salaries.
@DavidKrenz-gu1rj
24 күн бұрын
It will never pass… the lobbyists will never let it happen, just a talking point… Brandon knows that, he knows how it works… he is part of the problem
I dare you democratic party to make a special like a dateline special you know a story and special truth and lies special go through from the very beginning of when Donald was elected go through every single thing he did make it interesting it will be anyway it’s gonna be scary it’s gonna be deadly it’s gonna be sickening all the way from the beginning all the way till January 6 go by go by step-by-step everything is a repeat right now it’s summertime come on make an ask her award winning film right now!
@nolagirl9144
25 күн бұрын
Hey russian dude, you'd be a lot more convincing if you'd use some punctuation.
High inflation is high inflation... you cannot spin it. High prices is high prices. Joe = high prices, Trump = low prices
@sd70cal
24 күн бұрын
Coming out of the pandemic there were two choices. Strong economic recovery with inflation or a weak recovery which would eliminate inflation but would create a recession or depression. Most economist predicted there was no way out without a recession. Trmp predicted we would have depression comparable to the Great Depression. Oil was low under Trmp because the Saudi's were committed to bankrupting the new oil fracking companies and then there was the pandemic where producers were paying people to take their oil. Trmp's tax cut for the wealthy is still contributing to the debt today. Not counting the pandemic period Trmp's national debt increase was close to twice under Biden.
@DavidKrenz-gu1rj
24 күн бұрын
Yep … only 2 choices? Right, there was no happy medium? Inflation Reduction Act, wasn’t needed and hurt inflation…. Next!
Gov jobs aren't tax earning jobs, they are tax costing jobs.
@gatvestreet9248
25 күн бұрын
They don’t grasp that concept and continue to grow government jobs.
@SIERRATREES
25 күн бұрын
@@gatvestreet9248but what if the companies keep growing - the govt jobs become private jobs and then taxes flow back over time ..
@PacificForage
25 күн бұрын
Government jobs still pay taxes. 🥱
@gatvestreet9248
25 күн бұрын
@@PacificForage government workers pay taxes and today are compelled to use pretend pronouns. There’s zero incentive for govt to be efficient. In fact, it’s just the opposite. When’s the last time any level of government cut jobs because they were more efficient.?
Democrats framing on this issue is completely divorced from reality.
@PacificForage
25 күн бұрын
🤣
These garbage propagandist just don’t learn do they
VOTE BLUE 2024!!!!!!!
@WalmartAnus
25 күн бұрын
I'm voting RED down the ticket
@brandon3525
25 күн бұрын
absolutely not!!
@only2genders02
25 күн бұрын
No, I won't vote blue. Trump is a political prisoner. Ok? My vote for him will literally be historical. Like saying you voted for Nelson Mandela.
Trickle down only works with urine
Speculated value only works when everyone walk same line. Fabulously wealthy over night problematic cutting off fluidity for self enrichment.
It worked for Reagan. If Bdn had tried it, maybe he'd actually be electable by now.
Boy, according to economist, President Biden has really done a great job on the economy. He really knows what he is doing.
love how a country's leader couldn't say his closest teammate's name correctly after having worked together for almost four years
@user-ju9op8uz9f
25 күн бұрын
? Is that all you’ve got? Kinda lame
@Tlove439
25 күн бұрын
Is that alll😂😂😂😂
@ConstantGardener-q9q
25 күн бұрын
Love how the MAGA cult members so eagerly buy hats with the Mark of the Beast and wear them on their forehead
@WandaHardy-f6n
25 күн бұрын
People call their spouses by wrong name Lol and get in trouble.
@elebenty5709
25 күн бұрын
@@user-ju9op8uz9f OP probably called his dog by the baby's name already this week.
Just more bs from MSDNC.
@barrydavey7188
25 күн бұрын
Recessions follow republican presidents like the stench that follows Trump. There have been eight recessions since 1970, every... single... one... started under a republican president. An easily looked up fact. Vote SMART, vote BLUE!!!
@nolagirl9144
25 күн бұрын
Yeah, BS like donald telling us to inject bleach during the pandemic. No one seems to be able to explain his logic there to me. Can you?
Jill Biden and Doug Enhoff are running the country into the ground 😂
@MarkSav1
25 күн бұрын
Trump’s sycophants already did that while he played golf. 😂 Worst president ever, followed by one of the greatest.
@genghiskhan5158
25 күн бұрын
@@MarkSav1 that's another thing Joe Biden is lying about how well the country is doing
Biden: "I'm Joe Biden and I forgot this message. Where's a little girl to sniff?"
@cuethelights8195
25 күн бұрын
😂 You may have dementia.
@margomargao2004
25 күн бұрын
You have more than dementia.
@lamashtu3449
25 күн бұрын
@@cuethelights8195he showered with his daughter and she was traumatized by it. She wrote it in a book herself . You think that’s ok?
@barrydavey7188
25 күн бұрын
@@lamashtu3449 You're a liar, look up the facts instead of swallowing fake news lies. Ashley Biden's quote about her diary, "Repeatedly, I hear others grossly misinterpret my once-private writings and lob false accusations that defame my character and those of the people I love." Meanwhile Dementia Donnie flew with Epstein at least 7 times on his private jet. Of course the perpetual liar lied about that too...
Wow. Amazing. Just think what he could have accomplished if he didn't spend 3 out of every 7 days on vacation... here comes the Bluehatters and their 'golf' comments
@TooBadThatDidntKillMe
25 күн бұрын
It takes a stable genius to bankrupt two casinos.
@doublecrossedswine112
25 күн бұрын
of course golf is real work. Mr. Trump played golf 308 times during his time as President. The cost of Trump's golf rounds to the American taxpayer varied by round and course, but it totaled in the tens of millions of dollars. He justly played a lot at his own courses, tax payers funded the secret services room and board while there. Its a good grift. Nothing shady about it at all.
@cuethelights8195
25 күн бұрын
Hehehe. 😂You may have dementia.
@sayhisnamewhickerfjb
25 күн бұрын
But Trump But Trump But Trump But Trump But Trump But Trump X 100,000
@nolagirl9144
25 күн бұрын
@@sayhisnamewhickerfjb 🤤🤤🤤🤤🤤🤤🤤🤤🤤🤤🤤🤤🤤🤤🤤🤤🤤🤤🤤🤤🤤🤤🤤🤤🤤🤤
Is Alex Wagner a Wagner mercenary?
@nolagirl9144
25 күн бұрын
No, Mr russian horse, I don't think she is.
🎥 BIDEN/HARRIS: “Train💥Wreck!”
We need to give more money to the homeless and immigrants! Biden 2024! So what prices go up. Get a second job.
@barrydavey7188
25 күн бұрын
Prices are going down, got any more lies???
@WokeyMcWokenstein
25 күн бұрын
@@barrydavey7188 We need to give the immigrants more schools and hotels to live in New York City!
Please scare with more Project 2025 info. It's fun pretending to be afraid of a boogeyman.
@barrydavey7188
25 күн бұрын
Sounds like something a fascist would say...
@nolagirl9144
25 күн бұрын
You funny and obviously haven't read it. Be careful- the Führer you adore will come after you one day. It's inevitable.
What total and complete propaganda. This economy is collapsing.
@sd70cal
24 күн бұрын
Not what the data says.
Everyone needs to relax. You will get used to MAGA. Eventually. Its not so bad.
@barrydavey7188
25 күн бұрын
Like you got used to taking it up the backside cultist? No thanks...
@only2genders02
25 күн бұрын
@@barrydavey7188 Been a tough week for you, huh?
@JudyStroyer-bk6fb
24 күн бұрын
@@only2genders02 so true.
this is exactly the type of fake news that Americans are sick of.
@ggcastill
25 күн бұрын
I can pull up news articles from multiple news sources that prove what he is saying is true? Can you provide proof for your fake claims?
Whatever happened to the min by min reference of “bidenomics” now unspoken, juxtaposed to this delusional segment?
Goebbels finance segment
@nolagirl9144
25 күн бұрын
Big word! 😄🤣🤣🤣🤤🤤🤤
@NHLblkgurl
25 күн бұрын
@@nolagirl9144to go with “the big guy” (now being called big boy) “make of break press conferences.
what trickles down when you destroy our energy independence on day one? record inflation.
@sd70cal
24 күн бұрын
The US began pumping more oil under Biden than under any other president. While Trmp was in office the Saudi's flooded the market to get rid of the new oil fracking companies that had sprung up and then the pandemic hit. Oil producers were paying people to take oil then. The only way to real independence is by quickly switching over to renewables. Then OPEC can do what they want with little impact on the rest of the world. Inflation was from a surging economy. Your only other options would have been a recession or a depression. Much worse choices than a few inflationary years.