The framing and tone of message from current US President Biden on the economy has changed a bit today.
While inflation may in fact come down at some point due to artificial stimulus and further spending, he has stated now that the economy:
Gradually, almost hinting at, well, growth won’t be what it was.
Key point here when discerning narrative (its not always as clear cut as you think go through things one by one while looking at the big picture) is to look at real time wages and business spend from SME’s (not major corporations).
Basically, are people, the majority, doing better off as time goes on, from the policies and so forth.
Does it encourage more new business and create jobs.
Politicians don’t do either – people do.
Always end things on an optimistic bright note no matter the circumstance.
Glass is always half full.
