The economy continues to do very well, yet Trump and his MAGA base continue to claim otherwise. Unfortunately, business people fearing a Trump win refrain from calling them out.
The economy is on fire.
Podcasts (Video — Audio)
Summary:
The video argues that the U.S. economy is robust and firing on all cylinders under President Biden’s administration, countering claims of poor economic health. Despite solid growth and improved wages, the benefits of this prosperity remain unequally distributed, with corporate profiteering contributing to inflation. Many in the business elite remain silent on countering Trump’s lies about a failing economy due to fear of political retaliation, prioritizing their interests over transparency.
- The U.S. economy is growing strongly, with notable job gains and GDP expansion.
- Inflation concerns are attributed mainly to corporate profiteering rather than policy failure.
- Wages have increased above inflation, improving workers’ real purchasing power.
- Economic inequality persists, with wealth gains concentrated among the elite.
- Corporate leaders hesitate to speak out on economic issues due to fear of political backlash.
Despite the U.S. economy’s strong performance under Biden, benefits remain unevenly distributed due to systemic inequality and corporate-driven inflation. Progressive voices call for transparent policies that curb corporate greed, increase wage growth, and ensure a fairer distribution of wealth, emphasizing that a prosperous economy must uplift all Americans, not just the wealthiest few.
