Politics and Current
‘Politics Explained’: Are Biden or Trump to Blame for Inflation? And How Will Harris or Trump Change the Economy?
Inflation has been a serious concern for voters in the upcoming election, with many pointing fingers at President Joe Biden and Vice President Kamala Harris. But is it fair to blame them entirely for the rising cost of products? The answer, like the causes of inflation itself, is complex.
While inflation is currently at its lowest point since March 2021, many families are still battling higher prices. News and social media show that some voters are blaming the Biden-Harris administration for the rising costs. In this episode of “Politics Explained,” we take a have a look at theories about inflation that consider that inflation simply didn’t start with one president.
During former President Donald Trump’s administration, Trump often boasted about low unemployment and economic growth, much of which he inherited from Obama AdministrationHowever, Trump’s decision to engage in trade wars, particularly with China, has led to the imposition of tariffs which have disrupted supply chains and in some cases led to higher prices for consumers.
Then got here the COVID-19 pandemic in 2020, which severely disrupted global supply chains and led to skyrocketing prices. As travel restrictions and labor shortages intensified, inflation soared, deepening the economic crisis.
In response to the pandemic, the U.S. government has taken significant steps to stabilize the economy. Trump signed the bipartisan CARES Act in 2020, providing relief funds to tens of millions of Americans. But some economists theorize that the surge in money flowing into the economy, combined with tight supplies, fueled demand and helped drive up prices. When Biden took office in 2021, the economy was still reeling from the effects of the pandemic. His administration signed one other stimulus package despite concerns about inflation.
Global aspects like the war in Ukraine and company price gouging also played a big role in inflation. Companies that posted record profits during the pandemic often kept prices high whilst supply-chain disruptions subsided. Still, many Americans looked to President Biden to fix the problem — but additionally they blamed him.
Historically, U.S. presidents have been blamed for inflation and economic crises, even when their control over them was limited. In the Seventies, President Jimmy Carter faced heavy criticism for high inflation (and his “talking about feeling unwell,” contributing to his loss to Republican candidate Ronald Reagan. Similarly, George H. W. Bush lost reelection to Bill Clinton due to the recession of the Nineties.
So what did Joe and Kamala do about inflation?
The Biden-Harris administration has taken steps to combat inflation. In 2022, President Biden has allowed the release of oil reserves to lower gas prices, passed an inflation-reduction bill and backed the Federal Reserve’s decision to raise rates of interest to slow spending. But the query stays whether these measures will ease voters’ concerns.
As the 2024 election approaches, Harris and Trump have outlined their economic plans. Trump is promising more tariffs, which economists say could further increase inflation. Harris, in turn, is promising support middle and low income families thanks to tax breaks and solving the problem of corporate price gouging.
Ultimately, voters may judge candidates not only by who does more to fix the economy, but in addition by who tells the most compelling story about their efforts to achieve this. The debate over the president’s responsibility for inflation is as much about perception because it is about policy.
With elections approaching, society will soon determine whose narrative it trusts more.
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Politics and Current
Biden commutes 37 death sentences, attracting praise and criticism in the last weeks of the presidency – essence
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Andrew Harnik / Staff / Getty Images
In a serious move, a pair of weeks before leaving the office, President Joe Biden announced on Monday that a judgment of 37 of 40 people in federal deaths of death without conditional release arrives. The decision leaves only three people in a federal order of death, whose crimes include acts of terrorism or mass murders.
“Today I commute to judgments 37 out of 40 people in a federal death sentence with nutrition without the possibility of conditional dismissal,” Biden he said in an announcement Published by the White House.
Dzhokhar Tsarnaev, Boston Marathon Boston 2013 bomber couldn’t be included in the commuting; Dylann Roof, a white nationalist who murdered nine black church in 2015; and Robert Bowers, who in 2018 killed 11 people at the synagogue of Tree of Life in Pittsburgh.
“These commutes are consistent with the moratorium, which my administration imposed on federal executions, in cases other than terrorism and mass hate murder,” Biden explained, referring to the detention of the Department of Justice in federal executions under his administration.
Biden was honest with the seriousness of his decision. “Do not make a mistake: I condemn these murderers, sadden myself with the victims of their vile deeds and painful for all families who suffered from an unimaginable and irreversible loss,” he said in an announcement.
“But guided by my conscience and my experience as a public defender, chairman of the judicial Senate, vice president, and now the president, I am more than ever convinced that I have to stop the death penalty at a federal level. In a good conscience I cannot withdraw and let the new administration resume executions.”
American Civil Liberties Union Executive director Anthony D. Romero He praised the decision of President Bidencalling this “a historical and bold step in dealing with a failed death penalty in the United States” and a movement that brings the country “much closer to the ban on barbaric practice.”
“President Biden took the most consistent step in our history to take care of the immoral and unconstitutional damage to the death penalty,” said Romero, adding: “It will undoubtedly be one of the groundbreaking achievements of Biden presidency.”
The time of announcement comes when the nation provides for a change of a federal approach to the death penalty. President Elek Donald Trump has already signaled plans to resume federal executions and potentially expanding the death penalty with crimes, corresponding to drug trafficking, CNN reports.
Trump’s transitional team didn’t stop the criticism of Biden. “This disgusting decision brings benefits among the worst killers in the world,” said Steven Cheung, spokesman for Trump Transition. President Trump means the rule of law that returns when he returns to the White House after he was elected an infinite mandate from the American people. “
Biden is announced a month of loud actions in thickness. At the starting of this month, he pardoned his son, Hunter Biden, for federal beliefs related to taxes and weapons, and granted a pardon to about 1,500 people-the largest one-day act of pardon in modern history.
Politics and Current
The challenging supporter of Trump is trying to embarrass Letitia James for the allegations of fraud – her flap up the crowd
The Prosecutor General of New York Letitia James even kept Wiul during the interrogation on the impact on the community by which she was cheated on the investigation that Trump’s administration began on the allegations that James had committed a mortgage fraud.
James organized a hearing in Suny Westchester College on 8 May together with several other general prosecutors to discuss the influence of the federal plans of Trump’s restructuring on New Yorkers and defend critical social assistance programs.
During the questions and answers of the hearing, one supporter of Donald Trump took her to MIC to a needle regarding the investigation of mortgage fraud and challenging her lawsuit against the president, who accused him and his members of the family of the dishonest filling of the net value and the value of his business assets for lenders.
“Will you apologize to President Trump for wasting millions of dollars and the state of New York for the process of witches and how is it to know that you will be imprisoned for a mortgage fraud?” The man asked around a 52 -minute character.
Heckler’s query only met with the chorus Boos and Jeers from dozens of audience members before he was escorted by security.
“Thank you for coming,” James said coldly before you directed the audience. “We want to thank him for coming. We respect all opinions. Everyone knows that these allegations are unfounded. They are discredited, so we want to thank him.”
Last month, the director of the Federal Residential Finance Agency, WILLIAM PULTE, appointed by the Federal Finance Agency, sent a criminal referral to the US PAM Bondi Prosecutor General, asking for checking the allegations listed in the “media reports” that James misled Real Estate, which he has in New York and Virginia and was lying on financial documents to secure loans.
In the Pulte to Bondi letter, he wrote that James “in many cases forged bank documents and real estate registers to acquire aid and loan supported by the government and more favorable terms of the loan.”
Pulte accused James of the appointment of real estate in Norfolk, Virginia, as her most important residence, despite the serving and being in New York. He also claimed that she had bought a five -level property in Brooklyn with a loan authorized only for 4 units.
James’ defense lawyer, Abbe Lowell, sent the Department of Justice letter By condemning the allegations and claiming that they’re related to Trump’s hostility to the Prosecutor General, calling the referral “an act of personal revenge.”
Trump previously condemned James and her criticism, which caused a civil trial by which he was ordered to pay $ 454 million after he was responsible for fraud in New York.
He repeatedly called the “hunt for political witches”, and his anger against James landed on the list of his political opponents. In a more moderen attack on the figure of James, president called Her “terrible human being”, “sick person” and “total cheater”.
Many reports are that the Department of Justice has just been investigating the real estate transactions related to loans and purchases of real estate in New York and Virginia.
In response to the submission of a meat from criminal advice, the spokesman for the office James said the media: “Prosecutor General James focuses daily on the protection of New Yorkers, especially since the administration of the Federal Government weapons against the rule of law and structure.
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Jimmy Carter, 39. President of the United States and global humanitarian, died calmly at the age of 100 in his hometown of the plains in Georgia, where he spent most of his life. Carter Center He announced his death on Sunday, almost two years after entering the hospice.
“Our founder, former US president Jimmy Carter, died this afternoon in Plains, Georgia,” Carter Center Made available on social media. “He died calmly, surrounded by his family.”
President Carter survived his children-Jack, Chip, Jeff and Amy-Wraz with 11 grandchildren and 14 great-grandchildren. He was preceded by death by his beloved 77 -year -old wife, Rosalynn, who died in 2023 and one grandson.
Carter, who was the president in 1977–1981, is remembered not only due to his time in an oval office, but in addition concerning the extraordinary life he later led. From conducting diplomatic missions to the Eighties to the development of homes from the habitat for humanity within the 90s, Carter was an example of lifetime involvement in service.
“My faith requires – it is not optional – my faith requires that I do everything I can, wherever I am, whenever I can, as long as possible, with what I have to try to change something,” said Carter.
His relentless dedication to Human Rights brought him the Nobel Peace Prize in 2002 through the Carter Center, which he founded in 1982 along with his wife Rosalynn, Carter worked on promoting democracy, monitoring elections and the fight for social justice world wide.
President Joe Biden was one in all the primary to pay tribute, calling Carter a “extraordinary leader, state and humanitarian husband.” Thinking about their a long time, Biden described Carter’s life as a guide for anyone who’s searching for a goal.
“For all young people in this nation and for everyone who is looking for, what it means to live with life and meaning – good life – study Jimmy Carter, a man of principles, faith and humility,” said Biden in a press release.
Former President Barack Obama also honored Carter’s heritage, emphasizing his honesty and commitment to service throughout his life.
“Chosen in the shadow of Watergate, Jimmy Carter promised voters that he would always tell the truth. And so – in favor of public good, let the consequences not be” – said Obama. “He believed that some things were more important than re -election – such things such as honesty, respect and compassion.”
Obama added: “Whenever I had the opportunity to spend time with the Carter, it was clear that he not only confessed these values. He jumped them. In this way he taught us all, what it means to live the life of grace, dignity, justice and service.”
Condolences spilled from leaders world wide, including UN Secretary General Antonio Guterres, the premiere of Barbados Mia Mottley, the prime minister of Great Britain Keir Starmer and President Panama José Raúl Mulino.
Born on October 1, 1924 in Plains, Georgia, James “Jimmy” Earl Carter Jr. He was the primary president of the USA to be born within the hospital. His upbringing at the nut farm instilled in him a robust ethics of labor and a deep sense of values that shaped his presidency and life outside of it.
During his presidency, Carter achieved significant milestones, including inhabiting Camp David Porads, which paved the method to the room between Egypt and Israel. However, his term of office was also marked by challenges similar to Iran’s crisis of plants, which overshadowed his re -election offer in 1980.
After leaving the office at the age of 56, Carter re -defined the role of the previous president. Often called “the greatest former president of America” he devoted over 4 a long time to the explanations which have crossed the policy, gaining admiration world wide.
President Biden announced plans for the official state funeral in Washington and announced mourning on January 9 on January 9 to honor Carter’s extraordinary life and heritage.
