State of the Union

2022 - 3 - 2

president joe biden

Post cover — Image courtesy of "Equitable Growth"

The Economic State of the Union in 2022, presented in 11 charts ... (Equitable Growth)

The coronavirus recession officially ended in April 2020, but the federal policy response extended well into 2021 to ensure a robust economic recovery. By the ...

One study finds that the full bill’s passage would increase Gross Domestic Product. By not passing the Build Back Better Act, policymakers would lose out on an opportunity to make the investments that could make the country’s economy more resilient and equitable. Legislation such as the proposed Build Back Better Act would strengthen the labor market and allow parents to return to work knowing that their children are safe and well cared for. An analysis of price and wage growth across more than 100 industries by the Economic Policy Institute, for instance, shows that industries that increased wages to attract workers, such as hotels and other accommodations, have not seen an unusually large spike in prices. Black women have experienced some of the toughest labor market outcomes, seeing the largest drop in labor force participation and the slowest jobs recovery. As such, job openings in the U.S. reached a record high of 11.1 million in July 2021—an almost 60 percent increase from February 2020—and have remained elevated since. Many workers, families, and communities are in serious danger of being left behind amid the current economic recovery. Both in the coronavirus recession and the previous Great Recession of 2007–2009 and its aftermath, Black workers were among the least likely to access Unemployment Insurance benefits. The bounce back in Gross Domestic Product, for example, was much quicker in the United States than in most other high-income countries; the aggregate unemployment rate is now close to its pre-pandemic level; and workers in the bottom of the wage distribution are experiencing real wage growth. It included an extension of many CARES Act programs as well as new initiatives such as the expansion of the Child Tax Credit. Provisions included in these bills began to expire in the first year of the pandemic and through 2021. In response, the U.S. government enacted a series of measures shortly after the pandemic hit to mitigate the effects of the health and economic crises. Both in the first year after the onset of the recession and in early 2022, lower-income households, Black and Latino households, and those with lower levels of formal education experienced especially large losses in employment income. And the U.S. economy contracted by 3.4 percent over 2020—the worst year for economic growth since 1946.

Remarks of President Joe Biden – State of the Union Address As ... (The White House)

United States Capitol Madam Speaker, Madam Vice President, our First Lady and Second Gentleman. Members of Congress and the Cabinet. Justices of the.

We should all agree: The answer is not to Defund the police. And let’s get all Americans the mental health services they need. Third – we can end the shutdown of schools and businesses. It’s time for Americans to get back to work and fill our great downtowns again. And because this is a virus that mutates and spreads, we will stay on guard. We’ve ordered more of these pills than anyone in the world. And here’s the plan: Let’s close the coverage gap and make those savings permanent. And I’m taking robust action to make sure the pain of our sanctions is targeted at Russia’s economy. So let us continue to draw inspiration from the iron will of the Ukrainian people. I grew up in a family where if the price of food went up, you felt it. The Russian stock market has lost 40% of its value and trading remains suspended.

Biden's State of the Union speech draws 38 million viewers (MarketWatch)

An estimated 38.2 million TV viewers watched President Joe Biden's State of the Union address, according to Nielsen ratings.

Disney’s DIS, -0.12%ABC averaged 6.3 million viewers, followed by Paramount’s Nielsen measured viewership on 16 networks and channels that aired live coverage of Tuesday’s roughly hour-long speech, in which Biden focused on Russia’s invasion of Ukraine, inflation and the coronavirus pandemic. Nielsen said it was “important to note” that this year’s tally reflects the additional measurement of out-of-home viewing and viewership on streaming-enabled TV sets that rely on devices such as Roku ROKU, +0.23%or Microsoft’s MSFT,Xbox.

President Biden praises Intel in State of the Union address, calls on ... (DatacenterDynamics)

He also said that he had spoken to Intel CEO Pat Gelsinger, and that the executive was in the audience during the speech. President Joe Biden. – The ...

The company is also planning to build outside the US with government incentives, including a potential $90bn European expansion. He continued: "Let me give you one example of why it’s so important to pass it. "That’s why it is so important to pass the Bipartisan Innovation Act sitting in Congress that will make record investments in emerging technologies and American manufacturing. We used to invest two percent of our GDP in research and development. With the 'Bipartisan Innovation Act,' Biden is actually referring to what will come out of talks between the House and the Senate. "To compete for the jobs of the future, we need to level the playing field with China and other competitors," Biden said.

Ukraine, inflation, Biden's first State of the Union – a timeline (Aljazeera.com)

President Joe Biden showed unifying leadership condemning Russian President Putin's invasion of Ukraine while seeking to rally both Democrats and Republicans ...

The US president also announced closing US airspace to Russian aircraft. Approval for the president’s handling of the Ukraine crisis is even lower, at 41 percent. Biden further called on legislators to lower the price of childcare for working parents. The US president was introduced by House Speaker Nancy Pelosi. The US Centers for Disease Control (CDC) last week eased mask mandates for indoor spaces, marking a new turning point in the COVID-19 pandemic. We will hold Russia accountable, and our sanctions are already having a devastating impact.pic.twitter.com/9X9x07QbD0 “Cancer is the number two cause of death in America, second only to heart disease. “We should all agree the answer is not to defund the police. Biden has weak numbers,” said Kyle Kondik, a political analyst at the University of Virginia Center for Politics. “The pandemic has been punishing. But we can change how we move forward,” Biden said. Preventing Russia’s central bank from defending the Russian rouble, making Putin’s $630bn ‘war fund’ worthless.”

Biden's Domestic Priorities Still Stalled After State of the Union ... (The Wall Street Journal)

Manchin said he was unconvinced by president's argument that his economic proposals would drive down inflation: 'Nothing's changed'

- Michaels:Michaels coupon code for senior - Extra 10% off - JCPenney:Today's JCPenney coupon code - 30% off entire purchase But the president’s pitch did little to persuade Sen. Joe Manchin (D., W.Va.), whose lack of support for the legislation has halted its passage on Capitol Hill and frustrated progressive Democrats.

Biden's State of the Union Address Draws 32 Million Viewers (Bloomberg)

President Joe Biden's state of the union address drew a total of 32.3 million viewers on the major broadcast and cable news networks Tuesday night.

Biden's State of the Union speech (unknown)

NPR's White House correspondent helps us unpack Joe Biden's momentous address last night to Congress, the American people, and the world.

President Joe Biden delivered his first State of the Union address Tuesday night, with a war in Ukraine raging, a pandemic waning, and inflation and a stalled agenda threatening to sabotage Democratic chances in the November mid-term elections. — President Joe Biden, State of the Union Address, 3.01.2022

President Biden's State of the Union address tops 37 million TV viewers (unknown)

Fox News leads the pack with 7.2 million viewers, the most ever for a Democratic president on the network.

Biden’s address to Congress on April 28, 2021, was watched by 26.9 million viewers. Fox News said it counted 3.8 million streaming “starts” of the speech on its digital properties. Fox News launched in 1996. The stream of the speech on YouTube showed 1.7 million views as of late Wednesday. President Biden’s State of the Union address Tuesday was watched by more than 37 million TV viewers, according to Nielsen data, higher than his speech to Congress last year. The speech was probably seen by millions more people beyond the TV audience, as the event was streamed online across a wide number of platforms.

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