Tag: economic

The Damage to Economic Data May Already Be Done

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This article was featured in the One Story to Read Today newsletter. Sign up for it here. If you have been closely following the ongoing Bureau of Labor Statistics story—in which Donald Trump fired then-Commissioner Erika McEntarfer after being displeased by the bureau’s July jobs report and selected the Heritage Foundation economist E. J. Antoni to succeed her—you will have heard an unusual consensus about the airtight political independence of the agency and the people who work there. Among BLS employees, including former Commissioner William Beach, whom Trump appointed in…

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Biden’s Hidden Economic Success

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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 Economic Formula to Win in 2024

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President Joe Biden and Democrats cannot win the debate over the economy without fundamentally reframing the terms of the choice they are offering voters, an extensive new research study by one of the party’s prominent electoral-strategy groups has concluded. The study, scheduled to be released today, seeks to mitigate one of the party’s most glaring vulnerabilities heading into the 2024 election: the consistent finding in surveys that when it comes to managing the national economy or addressing inflation, significantly more voters express confidence in Republicans than in Democrats. To close…

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MAGA Judges Shamefully Invalidate Biden’s Student Loan Cancellation, Taking Away Economic Relief for 40 Million Americans

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Washington, D.C. – In response to the Supreme Court’s decision in Biden v. Nebraska, MoveOn Political Action will speak alongside borrowers and allies from the Student Borrower Protection Center (SBPC), Young Invincibles, NAACP, MoveOn, Student Debt Crisis Center, Center for Responsible Lending, We the 45, and more today at noon ET in front of the Supreme Court on the urgent need for immediate and automatic debt relief. Move On Political Action Executive Director Rahna Epting also issued the following statement:  “Today’s decision means tens of millions of borrowers are now…

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