Inflation Reduction Act of 2022

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      Biden Is Trying to Co-opt Trump’s Biggest Strength

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      Joe Biden just offered a window into what a Biden-Trump rematch might look like. Well, part of it, at least.The wildness of Donald Trump’s political style often obscures — at least to his critics — the more banal dimensions of his appeal. The strongest of Trump’s arguments, and the one Biden has the most to fear from in 2024, is economic. In 2016, Trump ran as a businessman savant who would wield his mastery of the deal in service of the American people. “My whole life I’ve been greedy, greedy, greedy,” Trump said. “I’ve grabbed all the money I could get. I’m so greedy. But now I want to be greedy for the United States.”Trump said that elites had sold you out. They traded your job to China. They let your bridges and roads and buildings crumble. They respected the work they did — work that happens behind a computer screen, work that needs fancy degrees, work that happens in offices rather than factories and cities rather than towns — and dismissed the work you did. They got rich and you got nothing. Exit polls found that Trump won large majorities among those who thought the economy was “fair” or “poor.”Trump did not, during his presidency, turn that critique into an agenda. There were islands of action — trade policy foremost among them — but the order of the day was incoherence. Infrastructure weeks came and went. Tax cuts were tilted toward the rich. There was no strategy to restore America’s manufacturing prowess or rebuild bargaining power for workers without college degrees.But Trump had the good fortune to take office during an economic boom. And he kept that boom going. He worked with congressional Republicans to tax less and spend more, budget deficits be damned. He appointed Jay Powell to the Federal Reserve, and Powell kept money cheap and the labor market hot. Unemployment, in February 2020, was 3.5 percent. Wages were rising and inflation was low.Then Covid hit, and Trump worked with Speaker Nancy Pelosi to flood the economy with trillions of dollars in support payments. Joblessness spiked, but workers overall didn’t suffer. This is Trump’s deepest well of strength in a 2024 rematch. Only about a third of voters approve of the job Biden has done on the economy. Polls show Trump is the more trusted economic manager, by far.On Wednesday, in Chicago, Biden previewed the counterargument he’ll make in a much-hyped speech defining “Bidenomics.” Biden’s case is this: What Trump only promised, I delivered.Biden set his economic policies in contrast to “40 years of trickle-down.” Trickle-down economics usually describes the theory that tax cuts at the top will lead to prosperity at the bottom. Biden is using it to describe a more expansive economic order — what sometimes gets called “neoliberalism.” Trickle-down, in his telling, was the philosophy that “it didn’t matter where you made things.” It “meant slashing public investment” and looking the other way as “three-quarters of U.S. industries grew more concentrated.” Forty years, as alert readers will note, encompasses not just the administrations of Donald Trump and George W. Bush and George H.W. Bush and Ronald Reagan, but Bill Clinton and, yes, Barack Obama.This is a point worth dwelling on. The Biden administration is thickly populated with veterans of the Obama and Clinton White Houses. But it doesn’t see itself in comfortable continuity with those legacies. It sees itself, in key ways, as a break with them.Back in May, Jake Sullivan, Biden’s national security adviser (and a key aide, before that, to both Hillary Clinton and Barack Obama), made this explicit during a speech to the Brookings Institution. Sullivan slammed the belief that “the type of growth did not matter.” That had led, he said, to administrations that let Wall Street thrive while “essential sectors, like semiconductors and infrastructure, atrophied.” He dismissed the “assumption at the heart of all of this policy: that markets always allocate capital productively and efficiently.”And he tendered a modest mea culpa for his own party. “Frankly, our domestic economic policies also failed to fully account for the consequences of our international economic policies,” he said. In letting globalization and automation hollow out domestic manufacturing, Democrats had been part of a Washington consensus that “had frayed the socioeconomic foundations on which any strong and resilient democracy rests.”Biden’s speech in Chicago tried to show he was a Democrat who had learned these lessons. First, there was his emphasis on place. “I believe every American willing to work hard should be able to say where they grew up and stay where they grew up,” he said. “That’s Bidenomics.” Later, he said it again. “I believe that every American willing to work hard should be able to get a job no matter where they are — in the heartland, in small towns, in every part of this country — to raise their kids on a good paycheck and keep their roots where they grew up.”I talked to Jared Bernstein, the chairman of Biden’s Council of Economic Advisers, about the thinking here. “One of the pretty bereft assumptions of traditional economics is that you don’t need to worry about place because, as long as there are good jobs somewhere, people will go there and get them,” Bernstein told me. “It doesn’t really work that way.” One reason it doesn’t work that way is housing costs. “The idea that you can relocate from rural America, where housing is cheap, to expensive-housing America, even with the pay differentials, is a bit of a fantasy,” he said.Biden’s answer is built around the investments being made by the Inflation Reduction Act and the bipartisan infrastructure bill. You don’t install wind and solar farms in Manhattan and San Francisco. You don’t even necessarily do it in blue states, much to the chagrin of Democratic governors. Biden pointed to Weirton, W.Va., “where a steel mill closed in the beginning of the century” and, because of him, an iron-air battery plant is “being built on the same exact site, bringing back 750 good-paying jobs, bringing back a sense of pride and hope for the future.” The Rocky Mountain Institute, a clean energy research firm, estimates that Biden’s red states will get $623 billion in clean energy investments by 2030, compared with $354 billion for blue states.All these factories and battery plants and electric-vehicle charging stations and auto manufacturing facilities give Biden his strongest line against Trump. After comparing the infrastructure weeks Trump never delivered and “the infrastructure decade” he did, Biden noted: “Construction of manufacturing facilities here on U.S. soil grew only 2 percent on my predecessor’s watch in four years. Two percent. On my watch, it’s grown nearly 100 percent in two years.”Biden made a point of saying that in the economy he’s building, “we don’t need everyone to have a four-year degree. It’s great if you can get one; we’re trying to make it easier for you to get one. But you don’t need it to get a good-paying job anymore.”Bernstein didn’t pull his punch on this one. “I’ve been part of Democratic administrations where, basically, the solution to labor market woes was to go to college. The president has seen through that.” Biden, he continued, “realizes something everybody should know. About two-thirds of the work force isn’t college-educated. And there’s no version of Bidenomics that leaves two-thirds of the labor force out.”But here, Biden’s policy argument was a little thinner. He talked up his support for unions and apprenticeship programs, but he named more proposals to help people go to college than to help them get good jobs without a degree.The best thing Biden has done for less-educated workers is preside over a tight labor market. Unemployment has been below 4 percent since February 2022, and workers who are often on the margin are making gains. The Black-white employment gap has nearly closed, and wage gains have been particularly strong for workers without a college education. But the Biden administration’s pride in those numbers only underscores the real problem it faces: Americans felt good about the economy under Trump. They don’t feel good about it under Biden.The reason is simple: Real wages have been falling because inflation has been rising. Biden’s long-term investments, his efforts to rebuild American manufacturing and create millions of news jobs decarbonizing the American economy, will take time to pay off. People have to live in the economy now, not a decade from now.The good news — for both Biden and America — is that real wages have risen over the past few months. Inflation is down by more than half since its peak. Forecasters who were confidently predicting a recession in 2023 are now hedging. Mark Zandi, of Moody’s Analytics, thinks we’ll escape the downturn altogether. Whether the good economic news continues may well decide the 2024 election. Biden has co-opted the best of Trump’s ideas and pursued them with a diligence and focus that Trump never did. But that won’t mean much if voters still find themselves yearning for Trump’s economy.The Times is committed to publishing a diversity of letters to the editor. We’d like to hear what you think about this or any of our articles. Here are some tips. And here’s our email: letters@nytimes.com.Follow The New York Times Opinion section on Facebook, Twitter (@NYTopinion) and Instagram. More

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      Republicans’ Problem in Attacking Biden: They Helped Pass His Economic Bills

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      No doubt they will take swings at him anyway. But it may be more difficult to land punches given that plenty of them voted for the bipartisan infrastructure and semiconductor manufacturing bills.President Biden isn’t the only one doing a full summer embrace of federal spending on infrastructure and semiconductor manufacturing — so are some of the Republicans aiming to remove him from office next year.The White House has labeled the president’s new economic campaign Bidenomics, a portmanteau that until now has been a pejorative used by Republicans and conservative news outlets primarily to underscore inflation.But in a speech on Wednesday in Chicago about the economy, Mr. Biden latched on, with a renewed focus on the two most significant bipartisan legislative accomplishments of his term, the infrastructure bill and the CHIPS and Science Act. He hopes these measures will help brand him as the cross-aisle deal maker he sold to voters in 2020, appeal to political moderates who formed a core of his winning electoral coalition and impress upon tuned-out voters what he has done in office.One significant benefit for Mr. Biden: Republicans helped pass those bills.While G.O.P. presidential candidates and the Republican National Committee continue to paint Mr. Biden’s economic stewardship as a rolling disaster, Republican senators who helped shape the legislation say they anticipated that those accomplishments would accrue to Mr. Biden’s political advantage — as well as to their own.Senator Todd Young, an Indiana Republican who helped write the enormous bill aimed at revitalizing the domestic semiconductor industry, said the work on a law that he called “off-the-charts popular” had started with Senator Chuck Schumer, Democrat of New York, during President Donald J. Trump’s administration.“The Biden administration deserves credit for advancing the proposal and, irrespective of the timing of its origin, helping it become law,” Mr. Young said.“The Biden administration deserves credit for advancing the proposal and, irrespective of the timing of its origin, helping it become law,” Senator Todd Young, Republican of Indiana, said of the CHIPS and Science Act.Al Drago for The New York TimesSenator Bill Cassidy, Republican of Louisiana, more grudgingly acknowledged the president’s role in securing a trillion-dollar infrastructure bill that had eluded the past two administrations.“When senators from different parties come together to work on solutions to our nation’s problems and then the president jumps in front of the parade, it does not mean he’s the grand marshal,” Mr. Cassidy said.Mr. Biden’s infrastructure bill won votes from 19 Republican senators and 13 Republican House members. Sixteen Senate Republicans and 24 Republicans in the House voted for the semiconductor legislation.It will be difficult for Republicans to land criticism when they themselves are taking credit for the same achievements. The White House on Wednesday highlighted praise for the Biden administration’s broadband spending from Representatives Cathy McMorris Rodgers of Washington and Gus Bilirakis of Florida, Republicans who both voted against the infrastructure legislation that funded it, along with Senator John Cornyn, Republican of Texas.But perhaps no Republican acclaim for the infrastructure legislation brought Mr. Biden more joy than a tweet from Senator Tommy Tuberville of Alabama that said it was “great to see Alabama receive crucial funds.”“To no one’s surprise, it’s bringing along some converts,” Mr. Biden said on Wednesday of his bipartisan legislation. “There’s a guy named Tuberville from Alabama, a senator from Alabama, who announced that he strongly opposed the legislation. Now he’s hailing its passage.” Mr. Biden then dryly drew the sign of the cross on his chest.Steven Stafford, a spokesman for Mr. Tuberville, said that Mr. Biden and his allies had “twisted” the senator’s words. “Now that the bill is law of the land, the people of Alabama deserve their fair share,” he said.And even as Mr. Biden on Monday played up the $42 billion of broadband spending in the infrastructure law, another Republican senator who did vote for it, Susan Collins of Maine, was trumpeting the $272 million from it that is going to her state.Of course, the White House’s celebration of Republican plaudits for legislation Mr. Biden signed will matter little unless the president can persuade voters that these achievements are improving their material well-being.Mr. Biden’s defenders have long maintained that the economic policies he is highlighting in the Bidenomics rebrand are very popular with voters. The problem, these allies say, is that few people connect them with Mr. Biden.And Wednesday’s speech came at a moment when Mr. Biden’s approval ratings on the economy are in dangerous territory.“When senators from different parties come together to work on solutions to our nation’s problems and then the president jumps in front of the parade, it does not mean he’s the grand marshal,” said Senator Bill Cassidy, Republican of Louisiana.Haiyun Jiang/The New York TimesAn Associated Press/NORC poll released Wednesday found that just 34 percent of adults approved of Mr. Biden’s handling of the economy. Among Democrats, only 60 percent — and a mere 47 percent of those 45 years old or younger — approved of his economic stewardship.The millstone is inflation, which has tempered sharply from its peak last year but remains above the norm. Whether inflation is at 9 percent or 4 percent, prices remain high, which may be why the president speaks less about the $1.9 trillion pandemic relief plan, which passed early in his tenure and has been blamed even by the Federal Reserve for part of the surge of inflation. It is also why Republicans continue to mock what they call the inaptly named Inflation Reduction Act, which passed in 2022 on strictly Democratic votes.“It makes sense for him to emphasize the bipartisan bills that passed that should have economic impact as opposed to the totally partisan bills that drove inflation,” said former Senator Roy Blunt of Missouri, who voted for both the infrastructure and semiconductor bills before his retirement early this year.Representative Thomas Massie, Republican of Kentucky, made clear that his party intended to lump all of the achievements being promoted by Mr. Biden into the inflationary maw, including the infrastructure and semiconductor legislation.“Both of those bills caused inflation, which is Biden’s biggest albatross in the upcoming election,” he said, “so I don’t think they did him any favors,” referring to Republicans who helped pass the measures.In his speech on Wednesday, Mr. Biden said that the pandemic relief plan had driven unemployment down from above 6 percent to below 4 percent. He suggested that his economic leadership would achieve an even broader goal he placed at the center of his 2020 campaign: restoring the soul of America.“It’s going to help lessen the division in this country by bringing us back together,” Mr. Biden said. “It makes it awful hard to demagogue something when it’s working.”The Republicans aiming to unseat Mr. Biden weren’t buying the economic kumbaya. The Trump campaign on Wednesday said “Bidenomics has created the worst economic decline since the Great Depression.” Gov. Ron DeSantis of Florida, in a Fox News appearance, said Mr. Biden’s policies mean “everybody pays more for basic staples of life.”Republicans are loath to concede that the passage of two major bills makes Mr. Biden a bipartisan statesman. Those bills are “not only not emblematic, it’s the exception,” said Josh Holmes, a longtime political adviser to Senator Mitch McConnell of Kentucky, the Republican leader, who voted for the infrastructure bill.In truth, more bills than those passed with bipartisan support in the last Congress. Mr. Biden enters the 2024 election cycle as the beneficiary of an extraordinary bout of productivity that included a modest gun control law, a legal codification of same-sex marriage, and a revamping of procedures for counting Electoral College votes after Mr. Trump tried to hijack that obscure process.Senators from both parties put aside their tendency to push for only the legislation they want or pocket the issue for the next election.“We can’t get in a place in the country where you don’t vote for something you believe needs to pass because you think it might help the other side,” Mr. Blunt said.Democrats point to the circumstances that Mr. Biden inherited in 2021 — the attack on the Capitol by a mob of Trump supporters determined to overturn the election results.“There was a sizable group of Senate Republicans who looked the death of democracy in the eye on Jan. 6 and decided to try to show people that democracy could still work,” said Senator Chris Murphy, Democrat of Connecticut.But Mr. Murphy also credited the legislative skills of Mr. Biden, honed over 36 years in the Senate.“A lot of my progressive friends were angry he wasn’t punching Republicans in the mouth so much,” Mr. Murphy said, “but he kept the door open for Republicans to work with us on infrastructure, guns and industrial policy.”Cecilia Kang More

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      Jay Inslee Sees Greener Pastures Ahead

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      After nearly 30 years in elected office, Washington’s governor plans to shift his focus to climate solutions and clean energy, underscoring the need for “a sense of optimism and confidence.”Jay Inslee has been in elected office so long that he served in Congress during the tail end of the George H.W. Bush administration.On Monday Mr. Inslee, 72, announced that he would not seek a fourth term as Washington State’s governor, ending a nearly 30-year career in elected office. He went to Congress as a centrist Democrat and evolved into a fierce critic of the Iraq war and later of President Donald J. Trump. He will leave the State Capitol after the 2024 elections as one of America’s leading climate hawks.Mr. Inslee ran for the 2020 Democratic presidential nomination by arguing that the country would have to radically reshape its relationship with fossil fuels and promote renewable energy. While Mr. Inslee’s candidacy never caught fire, his goals later became the blueprint for the climate spending in the Inflation Reduction Act, which President Biden signed into law last year.When I interviewed Mr. Inslee in 2017, he said the only other job he would want was to be the quarterback of his hometown Seattle Seahawks. When I reminded him of this as we spoke Monday afternoon, he replied, “Now I want to be the next goalie for the Seattle Kraken,” the city’s hockey team. The conversation has been edited for length and clarity.Why did you make this decision now?There comes a time to pass the torch, and to everything there is a season, and for a variety of reasons, I decided it was the right season. But I’ve got another year and a half to put the pedal to the metal. My dad was a track coach, and he always said run through the tape, so I’ll be running through the tape. Have you spoken with President Biden about your decision?I have not, but he has a few other things on his mind, so I’m happy that he’s up and running in his race. I’m glad he’s in his race.How would you grade him on climate policy?I’ve never liked grades because I always thought it was a bit presumptuous, but I can just tell you I was so delighted at him pulling a rabbit out of the hat to get the Inflation Reduction Act through. Its prospects were so dim. And for him to get that $360 billion in clean energy investment is so pivotal for us to have even a fighting chance to deal with climate.I just came from an unveiling of the world’s largest commercial hydrogen fuel cell plane that represents a potential for sustainable aviation. Last week, I signed a permit for a solar farm in Yakima County. These are the things that his accomplishment is going to accelerate, and I could not be more excited about that. So, you know, there’s always things on siting and permitting that are contentious.You mentioned the siting and permitting. I take it you’re referring to his approving the Willow oil drilling project in Alaska. I imagine you don’t agree with his decisions on that front.I don’t, but he won the presidency, and I did not. So we should point that out.What’s your level of interest in serving in his administration at some point?It isn’t something I’ve thought about. I really am so focused on the next 20 months. I think he’s done a real crackerjack job as president. I’m glad he’s running. I feel good about him winning the next election. I just haven’t thought about what happens after this term of office, except it’s going to be involved in something that will push the climate agenda and the clean energy economic development. I’ll find some way to be productive in that realm.It sounds like you’d listen if the president were to call and talk to you about something.Of course I would listen, but it’s just not something that’s on my agenda to consider at the moment.We talked a lot when you were running for president about the urgency of the climate moment. Do you think the country and the planet are beyond a state of no return?One of the most important things we need to do at this moment is to establish a sense of optimism and confidence in what you might call a can-do attitude when it comes to the development of clean energy. It is necessary to keep people from the despair, which leads to inactivity and passivity. And the antidote for despair is action. It is also just healthy for us from a mental health standpoint.The rate of change is so dramatic that it legitimately should give us optimism in our ability to transform this economy much faster than we believe. In 2007, I said we’re going to be driving electric cars. People thought I was smoking the cheap stuff. Well, now we’re buying them so fast that production can’t even keep up.Obviously, we are going to be suffering some changes that to some degree are baked into the climatic system. But we don’t need to focus on despair, we need to focus on action and a can-do spirit. More

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      How Joe Biden Can Win in 2024

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      In 2024, the fate of the Democratic Party will rest in the hands of an 81-year-old incumbent president whom a majority of the country disapproves of and even many Democratic voters think should step aside rather than run for re-election.In the past, the conventional wisdom would be that President Biden faces an uphill battle to win a second term. But in today’s volatile, polarized political environment — in which Mr. Biden’s predecessor and potential general election opponent, Donald Trump, became the first ex-president to be criminally indicted and Democrats posted a history-defying midterm performance — he opens his re-election campaign in a stronger position than many would expect.He can make a compelling case for his first-term accomplishments, his steady leadership and a vision of the country fundamentally different from what is on offer from Republicans — of freedom of opportunity and opportunity of freedom for all Americans.A number of factors have worked in his favor. Because of his age, Mr. Biden has been dogged by speculation about his re-election plans. But no major candidate has stepped up to challenge him in the Democratic primary, which will allow him and his campaign team to focus their time, efforts and resources on the general election.For months, Democrats have been frustrated with the gap between Mr. Biden’s accomplishments and the public’s awareness of them. Despite a flurry of big-ticket legislation that the president signed into law in 2021 and 2022, a February poll showed that 62 percent of Americans — including 66 percent of independents — believed that the Biden administration has accomplished either “not very much” or “little or nothing.” The administration has already begun chipping away at this perception deficit, with the president, vice president and cabinet officials fanning out to battleground states and other parts of the country to spotlight these accomplishments.The timing is right, because these programs are starting to have a big impact on the lives of many Americans. In March, Eli Lilly became the first major drug company to announce that it would cap out-of-pocket insulin costs at $35 a month, matching the Inflation Reduction Act’s cap on insulin costs for seniors. The administration says it has financed over 4,600 bridge repair and replacement projects across the country. And the private sector has committed over $200 billion in manufacturing investments since the passage of the Chips and Science Act, including $40 billion to build new semiconductor factories in Arizona and $300 million to manufacture semiconductor parts in Bay County, Mich.Mr. Biden has even made gains in mitigating voters’ concerns about his age. First, there was his lively, 73-minute State of the Union address, where he sparred ably with heckling Republicans, baiting them into backing his positions on Social Security and Medicare. And his surprise trip to Ukraine, which was the first time in modern history that a president visited an active war zone outside of the control of the U.S. military, received expansive coverage.But Mr. Biden’s biggest advantage might not come from anything he has done. Instead, it might come from the chaos among Republicans. This is welcome news for the president, who is fond of telling voters, “Don’t compare me to the almighty; compare me to the alternative.”There has been talk among many Republican leaders and donors about moving on from Mr. Trump — most recently, in the weeks after the 2022 midterms — but the base isn’t following their lead. Since his indictment by a Manhattan grand jury, his grip on the party, at least based on recent polling evidence, has grown tighter. That may be good news for his campaign, but he has significant vulnerabilities in a general election.And Mr. Trump is just the beginning of the G.O.P.’s problems. In recent years, the electorate has become more supportive of abortion rights. In the wake of the Supreme Court’s decision overturning Roe v. Wade, election after election has provided evidence of that. Yet Republicans have not come up with an answer — and in some ways, they seem to be making the problem worse. This month, Gov. Ron DeSantis of Florida signed into law a six-week abortion ban, which would prohibit the procedure before many women even know they are pregnant. Candidates and likely contenders including former Vice President Mike Pence, Senator Tim Scott of South Carolina and former Gov. Asa Hutchinson of Arkansas have endorsed extreme anti-abortion measures that would be effected nationally — upending years of Republican claims that abortion should be “left to the states.”There are no signs that abortion is letting up as a top issue for voters. This month, liberals won control of the Wisconsin Supreme Court for the first time in over a decade after Judge Janet Protasiewicz ran a campaign focused on abortion rights and extremism on the right and secured an 11-point victory.A key part of Mr. Biden’s appeal for Democrats is that he doesn’t provoke the sort of divisiveness that Mr. Trump does. Despite Mr. Biden’s sagging approval ratings, in the 2022 midterms, we saw that voting against the president was not a big motivator for many Americans (compared with 2018, when casting a vote against Mr. Trump was a substantial motivator).If these trends continue, Democratic voters will continue to be motivated to vote against an extremist Republican Party — and Democrats will stand a good chance of winning the critical independent bloc.President Biden and his team still have work to do to firm up his support before the election. First up is navigating a debt-ceiling showdown with Speaker Kevin McCarthy in the House, where Republican gamesmanship threatens the nation’s credit rating and could spike Americans’ mortgage, student loan and car payment rates. The issue is tailor-made to play to Mr. Biden’s core strength — that he is a competent, steady hand in an otherwise chaotic political system.The Biden team will also need to increase their messaging to voters about what he has been able to achieve in his first term and what’s at stake over the next four years. That effort will focus in particular on swing-state voters in Michigan, Wisconsin, Pennsylvania, Arizona and Georgia, and will highlight progress in critical areas like infrastructure, manufacturing and job creation.Mr. Biden’s announcement video provides a preview of what we’ll be hearing from him over the next 18 months, and the subsequent four years if he’s re-elected: He is a defender of democracy and a protector of Americans’ personal freedoms and rights, including the rights of Americans to make their own decisions about reproductive health, to vote and to marry the person they love. The video juxtaposes chaotic images of Jan. 6, abortion protests outside the Supreme Court and Republican firebrands like Representative Marjorie Taylor Greene with wholesome videos of Mr. Biden hugging and holding hands with Americans from every walk of life.The message is as subtle as sledgehammer: Do you really want to hand the country over to the Republicans and relive the chaos of the Trump years?Ultimately, if Joe Biden emerges victorious in November 2024, it will be because voters preferred him to the alternative — not to the almighty.Lis Smith (@Lis_Smith), a Democratic communications strategist, was a senior adviser to Pete Buttigieg’s presidential campaign and is the author of the memoir “Any Given Tuesday: A Political Love Story.”The Times is committed to publishing a diversity of letters to the editor. We’d like to hear what you think about this or any of our articles. Here are some tips. And here’s our email: letters@nytimes.com.Follow The New York Times Opinion section on Facebook, Twitter (@NYTopinion) and Instagram. More

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      Biden Is Running on His Record as President. Here’s Where He Stands.

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      President Biden has acknowledged that he has not accomplished all he wished to. But that, he maintains, is an argument for his re-election.WASHINGTON — Just hours after formally kicking off his re-election campaign, President Biden appeared on Tuesday before a crowd of union supporters chanting “four more years” to outline his case for a second term.In his telling, unsurprisingly, the record sounds pretty good — more jobs, more roads and bridges, more clean energy, more opportunities for workers without college degrees. In just two and a half years, he argued, he has helped restore America following a debilitating pandemic and societal collapse. “Our economic plan is working,” he maintained.But as with any incumbent seeking a renewal by voters, there is the record he is running on and the record he is running away from. During his address to more than 3,000 members of North America’s Building Trades Unions, Mr. Biden made no mention of the promises he has failed to achieve so far or the setbacks that have left him with some of the lowest approval ratings of a president at this point in their term.Mr. Biden’s record looks different depending on the angle from which it is viewed, all the more so in polarized times when voters and viewers migrate to their own corners of the information world for radically different vantage points. The president is either the mature leader fixing the country as he stands against the forces of evil or he is the leader of the forces of evil destroying the country.“Under my predecessor, infrastructure week became a punchline,” Mr. Biden told the union members, mocking former President Donald J. Trump’s failure to pass legislation rebuilding the nation’s worn public facilities that his successor did succeed in enacting. “On my watch, infrastructure has become a decade headline — a decade.”Mr. Trump, now seeking a rematch against Mr. Biden in 2024, gave his potential opponent no credit. “When I stand on that debate stage and compare our records,” he said in a statement, “it will be radical Democrats’ worst nightmare because there’s never been a record as bad as they have, and our country has never been through so much.”Along with the $1 trillion infrastructure package, which passed with Republican votes, Mr. Biden can boast of sweeping legislative victories that would have seemed improbable when he took office. Among other measures he pushed through a Congress with narrow Democratic majorities were a $1.9 trillion Covid-19 relief package; major investments to combat climate change; lower prescription drug costs for seniors; increased corporate taxes; expanded treatment for veterans exposed to toxic burn pits and incentives to turbocharge the semiconductor industry.He has been unable, however, to fulfill other major promises, including an assault weapons ban; an immigration overhaul providing a path to citizenship for migrants in the country illegally; two years of free community college; free universal preschool for all three- and four-year-olds; national paid sick leave; greater voting rights protections; and policing changes to counter excessive force. Some of those were never realistic in the first place, but Mr. Biden was the one to highlight them as priorities.His economic record is similarly complicated. More than 12 million jobs have been created since he took office as the economy bounced back from the pandemic, and unemployment is at or near its lowest level in a half-century. But inflation rocketed up to its highest level in four decades, which some critics blamed on excessive federal spending under Mr. Biden, although cost increases have been a global phenomenon. Likewise, gas prices shot up to record levels. While both have begun to come back down — inflation has fallen from 9 percent to 5 percent — Americans remain skittish about the economy, according to polls, and economists still worry about a possible recession.After fitful starts, Mr. Biden has presided over the easing of the Covid pandemic and accompanying restrictions despite vaccine resistance among many, especially on the political right. But he has failed to quell a surge of migration at the southwestern border, where attempted crossings have hit record highs, and Republicans blame him for a wave of crime, which actually began while Mr. Trump was still in office.Mr. Biden has worked to reverse Mr. Trump’s impact on the judiciary, pushing through more judicial appointments through the Senate in his first two years than his predecessor had, but the pipeline has slowed in recent months with the absence of an ailing Senator Dianne Feinstein, Democrat of California, from the Judiciary Committee. Mr. Biden fulfilled his promise to appoint the first Black woman to the Supreme Court, Ketanji Brown Jackson.Where he has not been able to work his will on lawmakers, he has relied on an expansive interpretation of his executive power to achieve policy goals, most notably his decision to forgive $400 billion in student loans. But such actions are inherently subject to court challenges, and analysts expect the Supreme Court to overrule the student loan decision.In the international arena, Mr. Biden worked to revitalize international ties that had frayed under Mr. Trump, recommitting to NATO and rejoining the Paris climate change accord. But his effort to resurrect the Iran nuclear agreement abandoned by Mr. Trump has gone nowhere.Mr. Biden’s withdrawal of American forces from Afghanistan after 20 years turned into a debacle, leading to a swift and brutal takeover of the country by the Taliban and a chaotic withdrawal of troops and allies, with fleeing Afghans swarming American planes and a suicide bomber killing 13 American troops and 170 civilians.Although Mr. Trump has criticized Mr. Biden over the episode, the president was carrying out a pullout deal that his predecessor struck with the Taliban, a pact that one of Mr. Trump’s own national security advisers called a “surrender agreement.” Some experts argue the fiasco at the Kabul airport emboldened President Vladimir V. Putin of Russia to assume that Mr. Biden was weak.But Mr. Biden rallied the world when Mr. Putin invaded Ukraine last year to isolate Moscow and cut off much of its financial ties with the West. With bipartisan support, Mr. Biden has committed more than $100 billion to arm Ukraine’s military and enable its government and people to survive the Russian onslaught. American assistance helped the Ukrainians surprise Russian invaders by preventing the takeover of their capital and most of the country, but the situation remains volatile.It remains volatile at home as well. Mr. Biden made the theme of his inaugural address his desire to unite the country after the divisions of the Trump years. And while he has to some extent lowered the temperature in Washington and worked at times with Republicans, America remains deeply polarized.Republicans accuse Mr. Biden of being the divisive one, citing his rhetoric assailing “MAGA Republicans” and blaming him for the investigations of his rival, Mr. Trump, although there is no evidence of involvement by the president.In his campaign kickoff video and subsequent speech on Tuesday, Mr. Biden acknowledged that he has not accomplished all he wished to. But that, he maintained, was an argument for his re-election. “We’ve got a lot more work to do,” he said. More

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      As Biden Runs Again, the Map, Issues and Incumbency Favor Democrats

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      Nearly seven in 10 Americans believe their country is on a “wrong track.” The incumbent president will be 81 on Election Day 2024. More than half of the voters in his own party don’t want him to run for re-election.Yet as President Biden embarks on his campaign for a second term, Democratic officials firmly believe he is beginning his bid on Tuesday from ground that is far more solid than his personal standing indicates. Democratic unity has stifled even the hint of an intraparty insurgency. The issues dominating the nation’s politics have largely worked in the Democrats’ favor. And a battleground that has narrowed to only a handful of states means, at least for now, that the 2024 campaign will be waged on favorable Democratic terrain.“I’m always going to be worried because we’re a very divided country, and presidential races are going to be close, no matter who is in it,” said Anne Caprara, who helped lead Hillary Clinton’s super PAC in 2016 and is now chief of staff to Illinois’s Democratic governor, J.B. Pritzker. “But for the first time in my career, I think Republicans have painted themselves into a terrible position. They’re losing and they can’t seem to see that.”Without doubt, Mr. Biden’s personal liabilities are tugging at the Democrats’ well-worn worry strings. Despite low unemployment, a remarkably resilient economy and an enviable record of legislative accomplishments in his first two years, the octogenarian president has never quite won over the nation, or even voters in his party. A new NBC News poll has Mr. Biden losing to a generic Republican presidential candidate, 47 percent to 41 percent.“President Biden is in remarkably weak shape for an incumbent running for re-election,” said Bill McInturff, a veteran Republican pollster who co-directs the NBC News poll.Republicans plan to play on those uncertainties, harping on Mr. Biden’s age and frailty and painting him as the weakest incumbent president to run for re-election since Jimmy Carter tried 44 years ago. The campaign of former President Donald J. Trump is already looking past the coming Republican nomination fight to contrast what it sees as the strength of personality of an aggressive challenger against a vulnerable incumbent.“This is a choice between Joe Biden and Donald Trump,” said Chris LaCivita, a senior adviser to the Trump campaign, adding, “If they think that is their greatest strength, they are going to have a long, miserable year.”But the political fundamentals look significantly better than Mr. Biden’s personal approval.By avoiding a serious primary challenge, Mr. Biden will not be spending the next year fighting with members of his own party on difficult issues like immigration, crime, gender and abortion in ways that might turn off swing voters. Instead, he can bide his time attending ribbon cuttings and groundbreakings for roads and bridges, semiconductor plants, electric vehicle manufacturers and solar energy projects that stem from his three biggest legislative achievements — the infrastructure bill, the “chips and science” law and the Inflation Reduction Act, with its huge tax incentives for clean energy.President Biden and the first lady, Jill Biden, attending a ceremony at the White House on Monday, the day before he formally declared his candidacy for a second term. Doug Mills/The New York TimesThe mere presence of Mr. Trump in the Republican primary race is helping the Democrats make the 2024 campaign a choice between the two parties, not a referendum on the incumbent, a far more difficult challenge for the party in power, said Jim Messina, who managed the last successful presidential re-election campaign, Barack Obama’s in 2012. Early polls, both in key states like Wisconsin and nationally, have Mr. Biden holding onto a slim lead over Mr. Trump, but even with or behind Gov. Ron DeSantis of Florida.The Republicans’ narrow control of the House has also given Mr. Biden a foil in the months before a Republican presidential nominee emerges, just as the Republican Congress helped Mr. Obama.And then there is the map.The 2022 midterms should have been a disaster for a president with low approval ratings. Instead, in two critical states — Pennsylvania and Michigan — the Democratic Party greatly strengthened its hand and its electoral infrastructure, with victories in the governors’ races in both states, the Pennsylvania House flipping to the Democrats and the Michigan Legislature falling to complete Democratic control for the first time in nearly 40 years.At the outset of the 2024 campaign, two-thirds of the Upper Midwestern “Blue Wall” that Mr. Trump shattered in 2016 and Mr. Biden rebuilt in 2020 appear to favor the Democrats.As partisanship intensifies in Democratic and Republican states, battlegrounds like Florida, Ohio and Iowa have moved firmly toward Republicans, but other battlegrounds like Colorado, Virginia and New Hampshire look reliably Democratic.That has elevated just a handful of states as potentially decisive next year: Wisconsin, the third brick in the “Blue Wall”; Georgia, once reliably Republican; Arizona; and Pennsylvania, especially if the political winds shift in the Republicans’ favor. If Mr. Biden can lock down Pennsylvania, he would need to win only one of the other big battlegrounds — Wisconsin, Georgia or Arizona — to get the necessary Electoral College votes in 2024. Even if he lost Nevada, he would still win as long as he secures New Hampshire and doesn’t split the Electoral College votes of Maine.Wisconsin had a split decision in 2022, with the Democratic governor, Tony Evers, winning re-election while the Republican senator, Ron Johnson, also prevailed. But this month, an expensive, hard-fought State Supreme Court race in Wisconsin went to the Democratic-backed candidate by 11 percentage points, a remarkable margin.Democrats won the governorship in Arizona in 2022. And while they lost the governor’s race decisively in Georgia, they eked out the Senate contest between the incumbent Democrat Raphael Warnock and the Republican, Herschel Walker.Those recent electoral successes point to the other major factor that appears to be playing in the Democrats’ favor: the issues. The erosion of abortion rights in the wake of the Supreme Court’s overturning of Roe v. Wade has continued to dominate electoral outcomes in key states like Wisconsin, Michigan and Pennsylvania. And abortion is not fading, in large part because the socially conservative core of the Republican electorate keeps driving red states and conservative judges forward on abortion restrictions.The tragic drumbeat of mass shootings has kept gun control high on the political agenda as well, an issue that Democrats believe will help them with suburban voters in key swing states and will trap Republicans between a base of voters who want no compromise on gun rights and a broader electorate that increasingly favors restrictions.Republicans have issues that could favor them, too. Crime helped deliver House seats in New York and California, which secured the narrow House majority for the G.O.P. And transgender politics might help Republicans with some swing voters. A poll for National Public Radio last summer found that 63 percent of Americans opposed allowing transgender women and girls to compete on teams that align with their gender identity, while broader support for L.G.B.T. rights has only gained ground.But a hotly contested primary is likely to drag the eventual nominee to the right, even on issues that could otherwise favor his party. Mr. DeSantis, widely seen as Mr. Trump’s most serious challenger, signed a ban on abortion in his state after six weeks, a threshold before many women know they are pregnant.And at some point, Republicans’ drive against transgender people and their fixation on social issues may appear to be bullying — or simply far afield from real issues in the lives of swing voters, said Ms. Caprara, the chief of staff for the Illinois governor.“There’s this toxic soup between abortion, guns, gay rights, library books, African American history,” she said. “It just comes across to people as, ‘Who are these people?’”The biggest issue, however, may be the storm cloud on the horizon that may or may not burst — the economy. In 2020, Mr. Biden became one of the few presidential candidates in modern history to have triumphed over the candidate who was more trusted on the economy in polls.Since then, the surge of job creation from the trough of the coronavirus pandemic has shattered monthly employment records, while unemployment rates — especially for workers of color — are at or near their lowest levels ever. Inflation, which peaked near 10 percent, is now at about 5 percent.Yet Mr. Biden continues to get low marks on his economic stewardship, and those marks could deteriorate as the Federal Reserve continues to tamp down inflation with higher interest rates, warned Mr. Messina, the former Obama campaign manager. A new poll for CNBC found that 53 percent of Americans expect the economy will get worse, compared with 34 percent when Mr. Biden took office.“Today, I’d rather be Joe Biden,” Mr. Messina said. “But I wish I knew where the economy is going to be, because that’s the one thing hanging out there that nobody can control.” More

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      Biden Looks to Bolster Support Among Seniors With a Focus on Health Care

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      In a trip to Las Vegas, President Biden warned that Republicans would endanger popular programs like Social Security and Medicare.LAS VEGAS — One of President Biden’s promises to America’s seniors when he first campaigned for the Oval Office was this: You will pay less for health care.So on Wednesday, with a possible re-election announcement getting closer every day, the president traveled to Las Vegas to boast that millions of older adults would save on their medications thanks to the health care legislation he championed last year.Because of the Inflation Reduction Act, he said, seniors will no longer have to make co-payments for some recommended vaccines like shingles and tetanus, saving them an average of $70 each year in the future.“For seniors on fixed income who often need expensive medications to stay healthy, that constant question is can they take the medications and can they pay the bills without giving up important elements of their life,” Mr. Biden told an audience at the University of Nevada, Las Vegas.“It’s not just your health,” he said. “It’s about your dignity. It’s about your security.”In the 2020 election, Mr. Biden came up short among people 65 and older to former President Donald J. Trump, 48 percent to 52 percent. The president and his advisers are hoping to increase his support among that group in 2024 by arguing that its financial and medical security will be better protected with Mr. Biden in office.The centerpiece of that argument so far has been the fate of the government’s primary retirement programs, Social Security and Medicare. Mr. Biden has been aggressive in seizing on proposals by a handful of Republican politicians to argue that the party would put the popular programs in danger.He said as much on Wednesday, standing in front of a sign at the University of Nevada that said “Lowering Costs for American Families.” The president recounted his State of the Union speech this year, when several Republican lawmakers called him a liar for claiming that they wanted to cut the social safety net programs.“I hope it’s true,” he said, noting that the legislators were being filmed as they denied any interest in doing any damage to Medicare and Social Security. “But I’ll believe it when I see it,” he said.Beyond that issue, however, the administration argues that older Americans will also be grateful for the president’s efforts to keep costs down, especially when it comes to their medications, at a time when prices have been rising sharply.In addition to the $70 average savings on vaccines, White House officials said on Wednesday that seniors across the country would benefit from provisions in the Inflation Reduction Act that penalize drug companies when they increase the cost of a drug faster than inflation..css-1v2n82w{max-width:600px;width:calc(100% – 40px);margin-top:20px;margin-bottom:25px;height:auto;margin-left:auto;margin-right:auto;font-family:nyt-franklin;color:var(–color-content-secondary,#363636);}@media only screen and (max-width:480px){.css-1v2n82w{margin-left:20px;margin-right:20px;}}@media only screen and (min-width:1024px){.css-1v2n82w{width:600px;}}.css-161d8zr{width:40px;margin-bottom:18px;text-align:left;margin-left:0;color:var(–color-content-primary,#121212);border:1px solid var(–color-content-primary,#121212);}@media only screen and (max-width:480px){.css-161d8zr{width:30px;margin-bottom:15px;}}.css-tjtq43{line-height:25px;}@media only screen and (max-width:480px){.css-tjtq43{line-height:24px;}}.css-x1k33h{font-family:nyt-cheltenham;font-size:19px;font-weight:700;line-height:25px;}.css-1hvpcve{font-size:17px;font-weight:300;line-height:25px;}.css-1hvpcve em{font-style:italic;}.css-1hvpcve strong{font-weight:bold;}.css-1hvpcve a{font-weight:500;color:var(–color-content-secondary,#363636);}.css-1c013uz{margin-top:18px;margin-bottom:22px;}@media only screen and (max-width:480px){.css-1c013uz{font-size:14px;margin-top:15px;margin-bottom:20px;}}.css-1c013uz a{color:var(–color-signal-editorial,#326891);-webkit-text-decoration:underline;text-decoration:underline;font-weight:500;font-size:16px;}@media only screen and (max-width:480px){.css-1c013uz a{font-size:13px;}}.css-1c013uz a:hover{-webkit-text-decoration:none;text-decoration:none;}How Times reporters cover politics. We rely on our journalists to be independent observers. So while Times staff members may vote, they are not allowed to endorse or campaign for candidates or political causes. This includes participating in marches or rallies in support of a movement or giving money to, or raising money for, any political candidate or election cause.Learn more about our process.Officials said that 27 specialized drugs recently met that criteria, and that their makers would be required to pay rebates to the federal government for the extra costs. Administration officials said that older Americans might see some savings in the future as drug companies keep prices lower to avoid having to pay the rebates.“Some people with traditional Medicare or managed care Medicare may stand to save starting in just a matter of weeks,” Health and Human Services Secretary Xavier Becerra told reporters before the president’s appearance.Mr. Biden also highlighted the impact that his health care actions have had on the cost of insulin, which is a common — and usually expensive — drug for many seniors who suffer from diabetes.The president’s health care law caps the price of insulin at $35 per month for older adults, and Mr. Biden has succeeded in persuading two of the three biggest drug manufacturers to lower costs for younger people in need of insulin. Eli Lilly announced this month that it would cap out-of-pocket costs for insulin at the same $35. Novo Nordisk said it would cut the cost of its insulin drug by 75 percent.The focus on medical costs for older adults has been part of Mr. Biden’s agenda since before he became president. His campaign website said under the heading “The Biden Plan for Older Americans” that seniors in the United States “deserve to retire with dignity — able to pay for their prescriptions and with access to quality, affordable long-term care.”But his policy ambitions are now part of a political effort to win back some in that demographic who have trended toward Republicans as the average age of people living in the country increases each year.A group of about two-dozen Republican lawmakers is pushing legislation to repeal the Inflation Reduction Act, a move that White House officials and the president have seized on. Mr. Biden wants to make his Republican White House rival — whomever that turns out to be — pay for a repeal effort by suggesting that it will hurt older adults.In a statement last month, the White House said that efforts to repeal the law “would give tens of billions of dollars in subsidies back to Big Pharma, raise seniors’ prescription drug prices and raise taxes on an estimated 14.5 million people — all while increasing the deficit.”Mr. Biden’s visit to Las Vegas comes just weeks before he is expected to announce that he is running for a second term. Nevada is a critical swing state that Democrats need in their column if they want to retain control of the White House for another four years. In 2020, Mr. Biden won the state with 50.06 percent of the vote, to Mr. Trump’s 47.67 percent.Wednesday’s speech took place at the William F. Harrah College of Hospitality, a nod to the service unions that are extremely powerful in Las Vegas and an important Democratic constituency. More

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      Will It Be Morning in Joe Biden’s America?

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      If the midterm elections could be rerun this month, Democrats would probably end up in full control of Congress. President Biden’s approval ratings are rising. Inflation is down, and consumers are feeling more optimistic. And Americans are getting a better look at the G.O.P.’s actual policy agenda, which is deeply unpopular.OK, we don’t give politicians who lost an election the opportunity for a mulligan, even when they falsely claim that the election was stolen. But it is, I think, worth noting just how much the economic and hence political environment has shifted in the past few months, and to start thinking seriously about the possibility that Democrats might be in a startlingly strong position next year.It’s hard to overstate how bad things looked for Biden’s party on election eve. The last report on consumer prices released before the midterms showed inflation of 8.2 percent over the previous year, a terrible number by anyone’s reckoning. The unemployment rate was still very low by historical standards, but the news media was full of warnings about hard times ahead, and a large majority of likely voters believed (falsely) that we were in a recession.Given the perceived grimness of the economic environment, Republicans and many political analysts confidently expected a huge electoral red wave.Why didn’t that happen? Part of the answer may be that Americans weren’t feeling as bad about the economy as some surveys suggested. It’s true that the venerable University of Michigan index of consumer sentiment had fallen to levels last seen in the aftermath of the 2008 financial crisis, during the worst slump since the Great Depression.But the Michigan index was probably distorted by partisanship: Did Republicans really believe, as they claimed, that the economy was worse than it had been in June 1980? (Back then the economy actually was in a recession, inflation was 14 percent, and unemployment was above 7 percent.)And another longstanding index of consumer confidence, from the Conference Board, was telling a quite different story, with consumers feeling pretty good about the economy. I’m not sure why these measures were so different, but the Conference Board measure seemed to do a better job of predicting the vote — although the backlash over Roe v. Wade, and against some terrible Republican candidates, surely also played a role.In any case, in mid-January — a bit over two months after the election, but three consumer price reports later — things look very different. There’s still no recession. Consumer prices actually fell in December; more to the point, they’ve risen at an annual rate of only 2 percent over the past six months.And while consumer expectations haven’t caught up with financial markets, which appear to believe that inflation will stay low for the foreseeable future, consumer expectations of inflation are back down to their levels of a year and a half ago.Which raises a question few would have asked even a few months ago: Is Joe Biden — who, for the record, had a much better midterm than Ronald Reagan did in 1982 — possibly headed for a “morning in America” moment?A few months ago I looked at the “misery index” — the sum of unemployment and inflation, originally suggested by Arthur Okun as a quick-and-dirty summary of the state of the economy. I used to think this index was silly; there are multiple reasons it shouldn’t make sense. But it has historically done a surprisingly good job of tracking consumer sentiment. And as I noted even then, the misery index seemed to be declining.Well, now it has fallen off a cliff. If we use the inflation rate over the past six months, the misery index, which stood at 14 as recently as June, is now down to 5.4, or about what it was on the eve of the pandemic, when Donald Trump confidently expected a strong economy to guarantee his re-election.Nor is that the only thing Democrats have going for them. The green energy subsidies in the Inflation Reduction Act are leading to multiple new investments in domestic manufacturing; it’s unclear how many jobs will be created, but the next two years will give Biden many opportunities to preside over factory openings, giving speeches about how America is, um, becoming great again.Now, I’m not predicting a Democratic blowout in 2024. For one thing, many things can happen over the next 22 months, although I don’t think Republicans, even with cooperation from too many in the media, will convince Americans that the Biden administration is riddled with corruption. For another, elections often turn not so much on how good things are as on the perceived rate of improvement, and with inflation and unemployment already low, it’s not clear how much room there is for a boom.Also, extreme political polarization has probably made landslide elections a thing of the past. Republicans could probably nominate George Santos and still get 47 percent of the vote.But to the extent that the economic landscape shapes the political landscape, things look far better for Democrats now than almost anyone imagined until very recently.The Times is committed to publishing a diversity of letters to the editor. We’d like to hear what you think about this or any of our articles. Here are some tips. And here’s our email: letters@nytimes.com.Follow The New York Times Opinion section on Facebook, Twitter (@NYTopinion) and Instagram. More