Once again President Biden took on the failed economic polices of the party of no hope, aka Republicans and the former mis-administration disaster that he inherited in his State of the Union address last night. Nowhere is the contrast between good public policy and the republican politics of hate more evident than the ongoing recovery from the pandemic. (see The Hustings)

During an inspiring campaign speech that lasted more than an hour, Biden addressed – among other things – the economy: “I came to office determined to get us through one of the toughest periods in our nation’s history. And we have. It doesn’t make the news but in thousands of cities and towns the American people are writing the greatest comeback story never told. … America’s comeback is building a future of American possibilities, building an economy from the middle out and the bottom up, not the top down, investing in all Americans to make sure everyone has a fair shot … I inherited an economy that was on the brink,” Biden said.

“Now our economy is the envy of the world! 15 million new jobs in just three years – that’s a record! Unemployment at 50-year lows. … 800,000 new manufacturing jobs in America and counting. More people have health insurance today than ever before. … Wages keep going up and inflation keeps coming down! Inflation has dropped from 9% to 3% – the lowest in the world! And trending lower. And now instead of importing foreign products and exporting American jobs, we’re exporting American products and creating American jobs … my policies have attracted $650 billion of private sector investments in clean energy and advanced manufacturing creating tens of thousands of jobs here in America! Thanks to our Bipartisan Infrastructure Law, 46,000 new projects have been announced across your communities – modernizing our roads and bridges, ports and airports, and public transit systems.”