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Conservative Economist Blames High Unemployment On Richer Benefits
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Conservative Economist Blames High Unemployment On Richer Benefits
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Conservative Economist Blames High Unemployment On Richer Benefits
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Conservative Economist Blames High Unemployment On Richer Benefits
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T.J. Kirkpatrick-Pool/Getty Images
Biden grappled with a string of disappointing economic news in May, posing a major test for his plans.
But the White House appears intent on pushing ahead with another $4 trillion in spending programs.
The GOP is stepping up their attacks, criticizing the proposals as job-killers.
The past seven days has been the toughest stretch yet for Bidenomics the product of President Joe Biden s ambitious effort to slash entrenched economic inequalities through major spending on infrastructure, childcare, clean energy, education, and cash benefits.
The lackluster April jobs report fueled Republican criticism of a labor shortage, prompting at least 17 red states to announce they will start pulling out of federal unemployment programs in June. Then a sharp rise in inflation heightened concerns that consumer demand is outpacing supply in various economic sectors, pushing prices up for goods like used cars, airline tickets, and