The Fort Worth Press - Biden yanks pro-growth label from Republicans, touts vigor of economy

USD -
AED 3.672499
AFN 64.00009
ALL 81.073366
AMD 360.397329
ANG 1.789785
AOA 916.999732
ARS 1545.0144
AUD 1.454249
AWG 1.8025
AZN 1.704613
BAM 1.74477
BBD 2.016316
BDT 124.68888
BGN 1.747831
BHD 0.37789
BIF 2991.721382
BMD 1
BND 1.278006
BOB 12.087853
BRL 5.497125
BSD 1.001115
BTN 94.527581
BWP 13.71503
BYN 2.986927
BYR 19600
BZD 2.013364
CAD 1.40633
CDF 2314.999645
CHF 0.818705
CLF 0.024868
CLP 978.760188
CNY 6.688502
CNH 6.66917
COP 3241.78
CRC 453.985869
CUC 1
CUP 24.025728
CVE 98.364385
CZK 21.793011
DJF 178.268433
DKK 6.689915
DOP 60.118113
DZD 136.242908
EGP 53.820601
ERN 15
ETB 164.305149
EUR 0.89494
FJD 2.26405
FKP 0.741654
GBP 0.74625
GEL 2.605011
GGP 0.741654
GHS 11.677491
GIP 0.741654
GMD 74.509134
GNF 8867.280715
GTQ 7.650415
GYD 209.748787
HKD 7.837115
HNL 26.906402
HRK 6.76901
HTG 131.200043
HUF 325.937979
IDR 18101.9
ILS 3.196103
IMP 0.741654
INR 93.93405
IQD 1517.627748
IRR 1891353.00024
ISK 122.420045
JEP 0.741654
JMD 158.783543
JOD 0.708984
JPY 158.290499
KES 129.920248
KGS 87.447798
KHR 4073.330657
KMF 440.999715
KPW 899.999961
KRW 1358.379681
KWD 0.310798
KYD 0.834281
KZT 450.121101
LAK 22530.587485
LBP 89904.785701
LKR 332.811462
LRD 170.183726
LSL 16.405012
LTL 2.95274
LVL 0.60489
LYD 6.40885
MAD 9.755923
MDL 17.898225
MGA 4538.9666
MKD 55.084006
MMK 2099.952938
MNT 3601.972253
MOP 8.089227
MRU 40.443905
MUR 47.030194
MVR 15.454964
MWK 1735.92278
MXN 18.69124
MYR 4.058978
MZN 63.910209
NAD 16.405597
NGN 1346.989705
NIO 36.842927
NOK 9.40448
NPR 151.247145
NZD 1.803825
OMR 0.384492
PAB 1.001106
PEN 3.448236
PGK 4.560377
PHP 62.992495
PKR 276.874822
PLN 3.93241
PYG 6167.982515
QAR 3.659282
RON 4.779898
RSD 105.296998
RUB 81.839739
RWF 1474.62889
SAR 3.753652
SBD 8.051718
SCR 13.74632
SDG 601.50232
SEK 9.86881
SGD 1.281355
SHP 0.745545
SLE 22.910414
SLL 20969.504398
SOS 572.098915
SRD 37.556968
STD 20697.981008
STN 21.856266
SVC 8.759417
SYP 13001.999685
SZL 16.399336
THB 33.541044
TJS 9.234989
TMT 3.51
TND 2.983002
TOP 2.40776
TRY 50.157603
TTD 6.779873
TWD 32.744025
TZS 2643.66499
UAH 45.474772
UGX 4049.207822
UYU 40.322761
UZS 11946.010562
VES 893.769007
VND 25582.5
VUV 119.513361
WST 2.778515
XAF 587.042189
XAG 0.019209
XAU 0.000245886926
XCD 2.70255
XCG 1.804168
XDR 0.707052
XOF 587.042189
XPF 106.390951
YER 236.17497
ZAR 16.521602
ZMK 9001.189175
ZMW 20.296888
ZWL 321.999592
SSP 5745.196153
MXV 2.102838
  • RIO

    -0.3300

    97.04

    -0.34%

  • CMSC

    -0.0400

    20.67

    -0.19%

  • RELX

    0.0000

    33.41

    0%

  • RBGPF

    0.0000

    67.95

    0%

  • BCE

    -0.0700

    21.99

    -0.32%

  • BCC

    -0.0300

    75.66

    -0.04%

  • GSK

    0.8600

    51.08

    +1.68%

  • JRI

    -0.0300

    11.52

    -0.26%

  • NGG

    -0.1200

    76.68

    -0.16%

  • CMSD

    0.0900

    20.54

    +0.44%

  • BTI

    -0.0800

    55.75

    -0.14%

  • AZN

    2.0200

    168.1

    +1.2%

  • BP

    -1.4200

    43.16

    -3.29%

  • RYCEF

    0.4600

    19.7

    +2.34%

  • VOD

    0.0700

    17.02

    +0.41%

Biden yanks pro-growth label from Republicans, touts vigor of economy
Biden yanks pro-growth label from Republicans, touts vigor of economy / Photo: © AFP

Biden yanks pro-growth label from Republicans, touts vigor of economy

Taking the stage at a South Carolina factory for his latest "Bidenomics" speech, Joe Biden gave the base of the apparently malfunctioning podium a light kick. The real kicking, he reserved for Republican critics of his economic plan.

Text size:

Ahead of the 2024 election, Biden is seeking to turn the tables by stealing Republicans' traditional talking points on the economy, boasting that he is now the pro-growth president -- with a multitude of newly opened manufacturing plants to prove his point.

He took that message Thursday to deep pro-Republican territory in Columbia, South Carolina, where he toured a factory churning out high-tech solar panel components.

"Investment is working, and factories are being built, and jobs are being created... in rural America, the heartland, all across America, in communities that have been left out and hollowed out," he said.

Biden seeks to win over voters from the working and middle class in those "hollowed out" communities, but he has a lot of work to do. Polls do not show the message has got through.

In fact, majorities of Americans tell pollsters that they trust former President Donald Trump more on the economy than Biden.

Biden suggested that he is more deserving of that trust, and he rattled off statistics to lay out what he gleefully calls "Bidenomics."

Unemployment has remained consistently under four percent for the longest period in half a century, painful inflation rates from the aftermath of the Covid pandemic are slowly but steadily receding, and job creation is booming.

Crucially, Biden told workers at the plant, where solar firm Enphase Energy is collaborating with manufacturer Flex Ltd, none of this is happening by accident.

All the activity, he says, is fueled by historic government investment and incentive packages that he got passed -- against expectations -- through the nearly evenly split Congress earlier in his presidency.

For example, Enphase Energy and Flex Ltd are using tax incentives from Biden's mammoth Inflation Reduction Act to juice some $60 million in investments, including 600 new jobs in South Carolina.

And that's a blip in the bigger picture.

"Since I took office, we have attracted a half a trillion dollars -- $497 billion -- in private investment in American manufacturing, both here and around the world. It's historic, and it's Bidenomics in action," Biden said.

- Ribbing Republicans -

The twist to Biden's message is that Republicans nearly all opposed his giant public spending plans -- and now he's coming back to rib them.

Mocking Republicans who tried to stop the bills yet seem more than happy to see the resulting investments reach their states, Biden said: "All those members of Congress who voted against it suddenly realize how great it is, and they're bragging about it. As my mother would say, 'God love them.'"

South Carolina hasn't voted for a Democratic presidential candidate since 1976 and just a week ago Trump held a large election campaign rally of his own in the state, proving that his grievance-laden message remains powerful.

South Carolina Senator Tim Scott, who is also seeking the Republican presidential nomination, scoffed on Twitter that "propaganda tours won't hide the damage Bidenomics has done to our economy. This President has delivered nothing but failure."

No Republican officials attended Biden's factory visit or even met with the president. And on his way into the facility, Biden's motorcade had to pass about a dozen Trump supporters, including a woman displaying a "Women for Trump" flag who yelled and made an obscene gesture at the passing vehicles.

The Biden team, though, believes it can eat right into Trump's base by emphasizing that the manufacturing bonanza is targeted primarily at the working and middle class.

That would allow him to target the kinds of disaffected communities that turned away from Democrats to Trump's populism in 2016 and 2020.

Even as polls don't yet show that he has made the case effectively, aides say the tide will turn as investments take root, giving Biden the opportunity to do more visits like Thursday's factory stop.

"I think people are beginning to feel the results of this," a senior administration official said. "We need to tell the story."

W.Knight--TFWP