“President Joe Biden is running out of the tools — and the time — he needs to turn around Americans’ gloomy view of the U.S. economy,” Politico reports.
“On Friday, the nation got the latest sign that it’s in a sustained economic upswing, adding 272,000 jobs in May. But the surprise show of labor market strength is unlikely to sway a downcast public fixated on rising prices, the cost of housing and high interest rates. And Democrats are starting to outwardly despair that the economic tailwinds they once imagined lifting Biden to reelection aren’t materializing, at least not in the eyes of voters.”
“Lacking big new policy proposals or messaging gambits, the White House has revived some old tactics they hope can drive fresh gains: A renewed pressure campaign on companies to slash prices, coupled with high-volume attacks on the “corporate greed” that Biden blames for driving up costs.”
