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Joe Biden says US recession ‘is not inevitable’ despite rampant inflation – live

Joe Biden is warning Americans that the fight against inflation is “going to be a haul”, and that relief for soaring prices of goods, services and especially gasoline is unlikely to be immediate.

But the president, speaking in Tokyo earlier today as he launched a new trade deal with 12 Indo-Pacific nations, told reporters that he doesn’t believe a recession is “inevitable”.

Biden is acutely aware that the inflation crisis is uppermost in voters’ minds ahead of November’s midterm elections. There was little comfort for him in a bleak new CBS poll released Monday that finds 69% of the country thinks the economy is bad, and 77% saying they’re “pessimistic” about the cost of goods and services in the coming months.

“This is going to be a haul. This is going to take some time,” Biden told reporters in Tokyo. In response to a reporter’s question specifically about a recession, Biden said he did not think it was “inevitable”.

With his own approval ratings at the lowest point of his presidency, Biden is under pressure to try to reverse the situation and avoid Democrats losing control of one, or both chambers of Congress ion November’s midterms.

That he is focused on the crisis back home while on tour in Asia would appear to back up his assertion last week that inflation was his “top domestic priority”.

Critics have been quick to point out that, last summer, Biden and acolytes including treasury secretary Janet Yellen were insistent that high inflation would likely only be temporary.

But it has continued to spiral, with the annual inflation rate still close to a 40-year high according to figures earlier this month.

My colleague Lauren Gambino has this look at how the president is attempting to tackle inflation as the clock runs down on the midterms. The message for voters seems to be that if you think things are bad now, Republicans at the wheel would be much worse:

Biden pitches Democrats as saviors for US economy ahead of midterm elections
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It could be seen as proof that Donald Trump’s popularity among Republicans is on the wane, or you could take it as a worthless straw poll of a few hundred already skewed voters. But either way, the former president finished second to Florida governor Ron DeSantis in a survey of Wisconsin Republicans as to who they want as their party’s 2024 presidential nominee.

The result, a 122-104 win for DeSantis over Trump in a poll of 325 Republican activists at the Wisconsin state party’s weekend convention, reported by wispolitics.com, is hardly scientific proof of anything.

But it does confirm the perception of DeSantis, who has signed into law a raft of “culture war” legislation in his state in recent weeks, as a rising star in Republican circles.

The one-time Trump protégé, who faces a reelection fight as Florida’s governor in November, has long been considered a likely 2024 presidential contender.

His recent policy “wins”, such as the “don’t say gay” bill outlawing classroom discussions of gender identity and sexual orientation, and the “racist” gerrymandering of Florida’s congressional maps has won him support from deep within Trump’s Maga base.

In the Wisconsin poll of 2024 favorites, the only other politician to reach double figures was Nikki Haley, with a distant 24 votes.

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STRAW POLL NEWS: Wisconsin GOP activists are split on Donald Trump running for president in '24.Even with him in the mix, @RonDeSantisFL was backed by a plurality of party activists who voted in the @wispolitics straw polls.See the full results:https://t.co/z80adZyizc

&mdash; JR Ross (@jrrosswrites) May 21, 2022

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STRAW POLL NEWS: Wisconsin GOP activists are split on Donald Trump running for president in ’24.

Even with him in the mix, @RonDeSantisFL was backed by a plurality of party activists who voted in the @wispolitics straw polls.

See the full results:https://t.co/z80adZyizc

— JR Ross (@jrrosswrites) May 21, 2022

The House select committee investigating the January 6 attack on the Capitol is expected to stage six public hearings in June on how Donald Trump and some allies broke the law as they sought to overturn the 2020 election results, according to sources familiar with the inquiry.

The hearings are set to be a pivotal political moment for the country as the panel aims to publicly outline the potentially unlawful schemes that tried to keep the former president in office despite his defeat at the hands of Joe Biden.

According to a draft schedule reviewed by the Guardian, the select committee intends to hold six hearings, with the first and last in prime time, where its lawyers will run through how Trump’s schemes took shape before the election and culminated with the Capitol attack.

“We want to paint a picture as clear as possible as to what occurred,” the chairman of the select committee, Congressman Bennie Thompson, recently told reporters. “The public needs to know what to think. We just have to show clearly what happened on January 6.”

The select committee has already alleged that Trump violated multiple federal laws to overturn the 2020 election, including obstructing Congress and defrauding the United States. But the hearings are where the panel intends to show how they reached those conclusions.

According to the draft schedule, the June public hearings will explore Trump’s efforts to overturn the election, starting and ending with prime-time hearings at 8pm on the 9th and the 23rd. In between, the panel will hold 10am hearings on the 13th, 15th, 16th and 21st.

The select committee appears to be planning for the hearings to be extensive affairs. The prime-time hearings are currently scheduled to last between 1.5 and 2 hours and the morning hearings between 2 and 2.5 hours.

A select committee member will lead each of the hearings, the sources said, but top investigative lawyers who are intimately familiar with the material will primarily conduct the questioning of witnesses to keep testimony tightly on track.

Read the full story:

Capitol attack panel to hold six public hearings as it aims to show how Trump broke law
Read more

Joe Biden is warning Americans that the fight against inflation is “going to be a haul”, and that relief for soaring prices of goods, services and especially gasoline is unlikely to be immediate.

But the president, speaking in Tokyo earlier today as he launched a new trade deal with 12 Indo-Pacific nations, told reporters that he doesn’t believe a recession is “inevitable”.

Biden is acutely aware that the inflation crisis is uppermost in voters’ minds ahead of November’s midterm elections. There was little comfort for him in a bleak new CBS poll released Monday that finds 69% of the country thinks the economy is bad, and 77% saying they’re “pessimistic” about the cost of goods and services in the coming months.

“This is going to be a haul. This is going to take some time,” Biden told reporters in Tokyo. In response to a reporter’s question specifically about a recession, Biden said he did not think it was “inevitable”.

With his own approval ratings at the lowest point of his presidency, Biden is under pressure to try to reverse the situation and avoid Democrats losing control of one, or both chambers of Congress ion November’s midterms.

That he is focused on the crisis back home while on tour in Asia would appear to back up his assertion last week that inflation was his “top domestic priority”.

Critics have been quick to point out that, last summer, Biden and acolytes including treasury secretary Janet Yellen were insistent that high inflation would likely only be temporary.

But it has continued to spiral, with the annual inflation rate still close to a 40-year high according to figures earlier this month.

My colleague Lauren Gambino has this look at how the president is attempting to tackle inflation as the clock runs down on the midterms. The message for voters seems to be that if you think things are bad now, Republicans at the wheel would be much worse:

Biden pitches Democrats as saviors for US economy ahead of midterm elections
Read more

Good morning! Welcome to a new week, and Monday’s US politics blog.

Joe Biden is in Japan, but has his attention focused on a crisis back home, claiming that a recession in the US “is not inevitable”.

That’s despite raging inflation, runaway gas prices and a particularly despondent new CBS poll that finds 69% of the country thinks the economy is bad, and 77% saying they’re “pessimistic” about the cost of goods and services in the coming months.

If there’s one thing Biden doesn’t have, of course, it’s time, with November’s midterm elections looming fast and the president’s personal approval ratings below 40%. We’ll take a look at his plans to try to reverse a desperate situation a little later in today’s blog.

Here’s what else is happening:

  • The 6 January House panel investigating Donald Trump’s efforts to overturn his election defeat to Joe Biden will hold six public hearings next month to lay out the former president’s illegal scheming to remain in power.
  • The US Senate convenes later today, and Democrats in the chamber are moving towards a vote on Thursday on the Domestic Terrorism Prevention Act approved by the House last week in the aftermath of the massacre of 10 Black people by an alleged white supremacist in Buffalo, New York.
  • Today should have seen the end of the Trump-era Title 42 immigration policy halting refugees at the southern border because of Covid-19, but a federal judge blocked the Biden administration on Friday. The justice department is appealing the move.
  • Title 42 is also standing in the way of a Covid-19 relief package making any headway in Congress. Republicans won’t budge on approving a deal to fund vaccines, tests and treatments without a vote to keep the immigration policy in place, despite a sharp recent rise in cases.
  • We’re expecting one or more more minor rulings from the US supreme court today, ahead of what will be the blockbuster decision of the session in the coming weeks: whether the panel overturns the 1973 Roe v Wade protecting abortion rights.
  • It’s the final day of campaigning in Georgia, Alabama and Arkansas ahead of tomorrow’s primaries. Former vice-president Mike Pence will rally in Kennesaw tonight for Republican Georgia governor Brian Kemp, whom Pence’s former boss Donald Trump wants to take down for rejecting his election lies.


Source: Elections - theguardian.com


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