Spin versus Reality: The US Economy and the Working Class in 2024 – Dr. Jack Rasmus – January 21, 2024 10:30 AM Pacific Time
As we head into election 2024, the Biden administration, Democratic Party politicians, and media pundits have has launched an aggressive campaign touting the “accomplishments of Bidenomics.” Yet according to an AP News poll, only 34 percent of Americans say they approve of Biden’s handling of the economy. Democratic Party politicians and pundits echo the theme that the economy is doing great, decry unfounded pAs we head into election 2024, the Biden administration, Democratic Party politicians, and media pundits have has launched an aggressive campaign touting the “accomplishments of Bidenomics.” Yet according to an AP News poll, only 34 percent of Americans say they approve of Biden’s handling of the economy. Democratic Party politicians and pundits echo the theme that the economy is doing great, decry unfounded pessimism, and insist that expressions of discontent are reflections of misinformation and MAGA propaganda.
This Sunday, Economist Dr. Jack Rasmus will set the record straight for working people: what is going on in the economy in 2024? What is the basis in reality for peoples’ discontent with the economy?
Dr. Jack Rasmus (Twitter/X: @drjackrasmus), Ph.D Political Economy, teaches economics at St. Mary’s College of California, and is an Economist, radio show host, & author of The Scourge of Neoliberalism: US Economic Policy From Reagan to Bush, Clarity Press, October 2019; Alexander Hamilton & The Origins of the Fed, Lexington books, March 2019; Central Bankers at the End of Their Ropes: Monetary Policy and the Coming Depression, Clarity Press, August 2018.
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