Closing This Gap May Be Biden’s Key to a Second Term

Just since last November, the most closely watched measure of consumer confidence about the economy has soared by about 25 percent. That’s among the most rapid improvements recorded in years for the University of Michigan’s Index of Consumer Sentiment, even after a slight decline in the latest figures released yesterday.   And yet, even as consumer confidence has rebounded since last fall, President Joe Biden’s approval rating has remained virtually unchanged—and negative. Now, as then, a solid 55 percent majority of Americans say they disapprove of his performance as president in…

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Biden’s Hidden Economic Success

President Joe Biden’s economic agenda is achieving one of his principal goals: channeling more private investment into small communities that have been losing ground for years. That’s the conclusion of a new study released today, which found that economically strained counties are receiving an elevated share of the private investment in new manufacturing plants tied to three major bills that Biden passed early in his presidency. “After decades of economic divergence, strategic sector investment patterns are including more places that have historically been left out of economic growth,” concludes the…

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Biden’s pick for Pentagon’s S&T position pledges to reduce barriers to entry for small businesses

Aprille Ericsson, President Joe Biden’s nominee to be the assistant secretary of defense for science and technology, told lawmakers that streamlining processes for small businesses to engage with the Pentagon will be her top priority if confirmed. “I understand that some of the problems that the Department of Defense has with their SBIR/STTR programs are very similar to what we’ve experienced in NASA. So bringing those lessons learned to this community would be an asset,” Ericsson told lawmakers during her confirmation hearing Tuesday. Sen. Angus King (I-Maine) urged Ericsson to…

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