Biden must ignore pardon myths and protect Patel’s and Trump’s targets Patel issued unprecedented threats. Biden must respond.
Since President Joe Biden began seriously considering an amnesty for people at risk of retribution from President-elect Donald Trump and his FBI pick (who comes armed with an enemies list), the pearl clutching and myth-spinning about pardons have spread. Biden should pay attention to history and case law, not misinformed critics.
The first myth: A broad amnesty would be unprecedented, an intrusion into the rule of law.
That is categorically false. More than a dozen presidents dating back to George Washington have granted amnesty to a defined, large group of Americans. As legal scholar Frank O. Bowman III pointed out:
George Washington issued pardons in 1794 to defuse the lingering tensions of the defeated Whiskey Rebellion. President Andrew Johnson made extensive (and controversial) use of the pardon power to civilly rehabilitate former Confederates. A century later, Gerald Ford issued a conditional amnesty and Jimmy Carter a full pardon to Vietnam draft evaders.
Presidential amnesties for categories of people have been commonplace. After Washington, President John Adams issued a broad pardon for those involved in the Fries Rebellion in 1799 in Pennsylvania (i.e., prosecutions of “any person or persons by reason of their being concerned in the said insurrection”). With a small exception, President James Buchanan, for example, pardoned Brigham Young and his Mormon followers who had engaged in a conflict with the U.S. military. In the 19th century, Benjamin Harrison and Grover Cleveland also issued pardons to Mormon polygamists.
The White House Historical Association recounts that presidents from Thomas Jefferson to Warren G. Harding granted amnesty to various groups of Americans — citizens convicted under the Alien and Sedition Acts for Jefferson, and 24 political prisoners (including Eugene V. Debs) for Harding.
Moreover, the association explains, “As decided in Ex Parte Garland (1866), presidents may issue pardons at any time after the commission of a federal offense, even before federal charges have been filed or a sentence has been imposed.”)
What is entirely unique is that an incoming president and a would-be FBI director nominee have explicitly named people and groups (e.g., prosecutors) they want to go after. To meet that unique threat, Biden should issue amnesty to the most vulnerable group of Americans: witnesses against Trump whom Trump and Kash Patel have already threatened.
The second myth: Some people might not want amnesty.
Again, this is not a valid reason to refuse to extend it to those who very much do want and need protection. Some individuals enjoy immunity from prosecution on other grounds so won’t need additional protection; they would be excluded from the amnesty. House members on the Jan. 6 committee immune under the speech and debate clause, along with and federal and state prosecutors operating under the color of law, almost certainly cannot be prosecuted.
But that leaves some ordinary Americans, primarily witnesses and those who provided material to courts, grand juries, Congress and federal investigators, to twist in the wind. It’s small comfort that such people would eventually be exonerated. Criminal trials and appeals can cost millions of dollars and ruin reputations as well as likely increase the physical threats many of these figures already face.
The third myth: Amnesty would not completely protect the recipients.
It is correct that such an amnesty would not protect recipients from criminal investigation for future conduct, from civil suits or from IRS audits. It is an imperfect solution to the problem of a rogue, irresponsible president-elect empowering intended nominees to seek vengeance. However, by limiting the pardon to a discrete group of people, making clear this is essentially a witness protection program to insulate the recipients from Trump’s wrath, Biden can spare some conscientious citizens and alert the public to the dangers Trump and Patel pose.
The fourth myth: Accepting amnesty is an admission of guilt.
This is false. The most recent case on the scope of pardons, 2021’s Lorance v. Commandant, held that the defendant’s acceptance of a full and unconditional presidential pardon did not amount to an admission of guilt, and therefore the defendant did not waive his habeas rights upon accepting it.
Lorance also dealt with a common misperception concerning a Supreme Court case, 1915’s Burdick v. United States, which seemed to suggest that accepting a pardon constituted “a confession” of guilt. However, Lorance explained that that statement referred to how the pardon recipient might feel. In other words, though acceptance might make the recipient “look guilty” in the eyes of some, it does not make the recipient legally guilty.
Biden in his amnesty statement can underscore that acceptance is no admission of wrongdoing but rather confirmation that the incoming president poses extreme and unprecedented threats to political enemies — something indicative of an authoritarian regime, not a great democracy.
The fifth myth: This would open the door to pardon abuses by Trump and/or mar Biden’s legacy.
The first is laughable given Trump’s pardon track record (e.g., Michael Flynn, Sheriff Joe Arpaio) and his plans to pardon those convicted of violent crimes on Jan. 6, 2021. He needs no excuse to flout democratic norms. (By the way, Biden might not have considered amnesty had not Trump recently repeated his threats and chosen Patel for FBI director with barely a whisper of complaint from Republicans. If Trump renounced revenge and found a fit nominee, none of this might be necessary.)
As for Biden, his Hunter Biden pardon statement explained that he acted because “raw politics has infected this process and it led to a miscarriage of justice.” It certainly follows that he should act to keep raw politics — unabashedly announced in advance — from leading to a miscarriage of justice.
If ordinary citizens face retribution for daring to testify against powerful bullies, few will do so. To preserve the justice system, to encourage people to provide evidence, Biden should grant them amnesty — in effect setting up a witness protection program. It is the least he can do for selfless Americans.
Over the past couple weeks, the thought of President Biden pardoning his son entered my head a few times. I tossed it around: good or bad idea? I could see it both ways. I still can. But I am fine with his decision. I’m glad he did it. Biden learned the right lesson: no one gives a fuck about norms. It’s unquestionably true that Hunter Biden wouldn’t be in this position if not for his dad. That’s basically the justification Biden gave. And he’s right. It may sound angry or cynical to say “no one gives a fuck.” But I mean it both in a general way and in this particular way: the reason for Biden not to do this was to allow his son to remain collateral damage of the GOP war against his presidency and to leave him in the hands of the Trump DOJ for at least the next four years all to make a point of principle about being better, different, more righteous, more norm-honoring than Donald Trump.
Truly. No one gives a fuck. If anything, that logic I just laid out sounds like one of those fastidious, hyper-process-oriented and baroque bits of reasoning that have of late left Democrats mesmerized while the real world is passing them by.
Either you know the difference or you don’t. This doesn’t shift the balance in anyone’s head.
I'm not crazy about the idea that Biden is "setting a precedent" by pardoning his son Hunter.
First:
I am, in fact, old enough to remember when Republicans cared about traditions and norms and precedents. But that's ancient history now. They don't, so it doesn't matter what Biden does or doesn't do in regard to following any institutional traditions. The other side doesn't give one empty fuck about any of that.
Second:
This is a brick fight, and you don't win a brick fight with a rule book.
You have to pick up a brick, and chuck it as hard as you can at any random MAGA fucker's head.
That's where we're at now.
I don't like getting down in the mud with the pigs - we all get filthy and they like it that way. But that's where the pigs are, so that's where the fight is. And if we're going to beat the pigs, we'll have to meet them where they are - at least most of the time, until or unless we can elevate the struggle back to a reasonable place.
The trick is to not lose track of our own humanity as we fight against an army of inhumane assholes.
Biden pardons his son Hunter despite previous pledges not to
WASHINGTON (AP) — President Joe Biden pardoned his son, Hunter, sparing the younger Biden a possible prison sentence for federal felony gun and tax convictions and reversing his past promises not to use the extraordinary powers of the presidency for the benefit of his family.
The Democratic president had previously said he would not pardon his son or commute his sentence after convictions in the two cases in Delaware and California. The move on Sunday night comes weeks before Hunter Biden was set to receive his punishment after his trial conviction in the gun case and guilty plea on tax charges, and less than two months before President-elect Donald Trump is set to return to the White House.
It caps a long-running legal saga for the younger Biden, who publicly disclosed he was under federal investigation in December 2020 — a month after his father’s 2020 victory — and casts a pall over the elder Biden’s legacy.
Biden, who time and again pledged to Americans that he would restore norms and respect for the rule of law after Trump’s first term in office, ultimately used his position to help his son, breaking his public pledge to Americans that he would do no such thing.
In a statement released Sunday evening, Biden said, “I believe in the justice system, but as I have wrestled with this, I also believe raw politics has infected this process and it led to a miscarriage of justice.”
The president’s sweeping pardon covers not just the gun and tax offenses against the younger Biden, but also any other “offenses against the United States which he has committed or may have committed or taken part in during the period from January 1, 2014 through December 1, 2024.”
In June, Biden categorically ruled out a pardon or commutation for his son, telling reporters as his son faced trial in the Delaware gun case, “I abide by the jury decision. I will do that and I will not pardon him.”
As recently as Nov. 8, days after Trump’s victory, White House press secretary Karine Jean-Pierre ruled out a pardon or clemency for the younger Biden, saying, “We’ve been asked that question multiple times. Our answer stands, which is no.”
The elder Biden has publicly stood by his only living son as Hunter descended into serious drug addiction and threw his family life into turmoil before getting back on track in recent years. The president’s political rivals have long used Hunter Biden’s myriad mistakes as a political cudgel against his father: In one hearing, lawmakers displayed photos of the drug-addled president’s son half-naked in a seedy hotel.
House Republicans also sought to use the younger Biden’s years of questionable overseas business ventures in a since-abandoned attempt to impeach his father, who has long denied involvement in his son’s dealings or benefiting from them in any way.
“The charges in his cases came about only after several of my political opponents in Congress instigated them to attack me and oppose my election,” Biden said in his statement. “No reasonable person who looks at the facts of Hunter’s cases can reach any other conclusion than Hunter was singled out only because he is my son.”
“I hope Americans will understand why a father and a President would come to this decision,” Biden added, claiming he made the decision this weekend.
The president had spent the Thanksgiving holiday in Nantucket, Massachusetts, with Hunter and his family, and departed for Angola later Sunday on what may be his last foreign trip as president before leaving office on Jan. 20, 2025.
Hunter Biden was convicted in June in Delaware federal court of three felonies for purchasing a gun in 2018 when, prosecutors said, he lied on a federal form by claiming he was not illegally using or addicted to drugs.
He had been set to stand trial in September in the California case accusing him of failing to pay at least $1.4 million in taxes. But he agreed to plead guilty to misdemeanor and felony charges in a surprise move hours after jury selection was set to begin.
David Weiss, the Trump-appointed U.S. attorney in Delaware who negotiated the plea deal, was subsequently named a special counsel by Attorney General Merrick Garland to have more autonomy over the prosecution of the president’s son.
Hunter Biden said he was pleading guilty in that case to spare his family more pain and embarrassment after the gun trial aired salacious details about his struggles with a crack cocaine addiction.
The tax charges carry up to 17 years behind bars and the gun charges are punishable by up to 25 years in prison, though federal sentencing guidelines were expected to call for far less time and it was possible he would have avoided prison time entirely.
Hunter Biden was supposed to be sentenced this month in the two federal cases, which the special counsel brought after a plea deal with prosecutors that likely would have spared him prison time fell apart under scrutiny by a judge. Under the original deal, Hunter was supposed to plead guilty to misdemeanor tax offenses and and would have avoided prosecution in the gun case as long as he stayed out of trouble for two years.
But the plea hearing quickly unraveled last year when the judge raised concerns about unusual aspects of the deal. The younger Biden was subsequently indicted in the two cases.
Hunter Biden’s legal team this weekend released a 52-page white paper titled “The political prosecutions of Hunter Biden,” describing the president’s son as a “surrogate to attack and injure his father, both as a candidate in 2020 and later as president.”
The younger Biden’s lawyers have long argued that prosecutors bowed to political pressure to indict the president’s son amid heavy criticism by Trump and other Republicans of what they called the “sweetheart” plea deal.
Rep. James Comer, one of the Republican chairmen leading congressional investigations into Biden’s family, blasted the president’s pardon, saying that the evidence against Hunter was “just the tip of the iceberg.”
“It’s unfortunate that, rather than come clean about their decades of wrongdoing, President Biden and his family continue to do everything they can to avoid accountability,” Comer said on X, the website formerly known as Twitter.
Biden is hardly the first president to deploy his pardon powers to benefit those close to him.
In his final weeks in office, Trump pardoned Charles Kushner, the father of his son-in law, Jared Kushner, as well as multiple allies convicted in special counsel Robert Mueller’s Russia investigation. Trump over the weekend announced plans to nominate the elder Kushner to be the U.S. envoy to France in his next administration.
Trump, who has pledged to dramatically overhaul and install loyalists across the Justice Department after he was prosecuted for his role in trying to subvert the 2020 presidential election, said in a social media post on Sunday that Hunter Biden’s pardon was “such an abuse and miscarriage of Justice.”
“Does the Pardon given by Joe to Hunter include the J-6 Hostages, who have now been imprisoned for years?” Trump asked, referring to those convicted in the violent Jan. 6, 2021 riot at the U.S. Capitol by his supporters.
Hunter Biden said in an emailed statement that he will never take for granted the relief granted to him and vowed to devote the life he has rebuilt “to helping those who are still sick and suffering.”
“I have admitted and taken responsibility for my mistakes during the darkest days of my addiction – mistakes that have been exploited to publicly humiliate and shame me and my family for political sport,” the younger Biden said.
Hunter Biden’s legal team filed Sunday night in both Los Angeles and Delaware asking the judges handling his gun and tax cases to immediately dismiss them, citing the pardon.
A spokesperson for Weiss did not respond to messages seeking comment Sunday night.
NBC News was first to report Biden was expected to pardon his son Sunday.
... could get bad later - unless we elect the right woman.
The Bureau of Economic Analysis reports that GDP has grown for 10 quarters in a row, and 14 out of the last 15 (since Biden took office in 2021).
U.S. economy grew at 2.8 percent pace, slowing slightly ahead of the elections
Solid consumer spending fueled GDP growth between July and September, new figures show.
The U.S. economy continued its expansion in the third quarter, growing at an annualized rate of 2.8 percent and reinforcing a rosy lens of the economy days before the elections.
The latest gross domestic product report offers a snapshot of an economy that has slowed slightly from a 3 percent reading in the previous quarter, according to data released Wednesday morning by the Commerce Department’s Bureau of Economic Analysis.
Get a curated selection of 10 of our best stories in your inbox every weekend. The economy’s resilience ahead of a tightly contested presidential election was fueled by robust consumer spending that has outlasted even the most optimistic forecasts. Despite inflation, Americans have continued to shell out for a range of goods and services, including cars, dining out and travel.
However, there are pockets of softness. A dip in housing investments, a slowdown in inventory purchases and a rise in imports all dragged down the latest reading. Many economists expect growth to slow later this year and into 2025, as state and local governments dial back their spending.
Companies ready price hikes to offset Trump’s global tariff plans
Executives say Americans, not foreign countries, will pay the tariffs.
Across the United States, companies that rely on foreign suppliers are preparing to raise prices in response to the massive import tariffs that former president Donald Trump promises if he wins the election Tuesday.
Get a curated selection of 10 of our best stories in your inbox every weekend. Producers of a range of items, including clothing, footwear, baby products, auto parts and hardware, say they will pass along the cost of the tariffs to their American customers.
The planned price increases next year would come as consumers are beginning to enjoy relief from the highest inflation in four decades and directly contradict Trump’s repeated assurances that foreigners will pay the tariff tab.
“We’re set to raise prices,” Timothy Boyle, chief executive of Columbia Sportswear, said in an interview. “We’re buying stuff today for delivery next fall. So we’re just going to deal with it and we’ll just raise the prices. … It’s going to be very, very difficult to keep products affordable for Americans.”
Trump vows to impose the heaviest tariffs since the 1930s, including a 60 percent tax on products from China and a 10 to 20 percent fee on all other foreign goods. Doing so will encourage companies to produce inside the United States using American workers rather than buy from foreign suppliers, he has said.
Trump also has repeatedly claimed that foreign companies — not Americans — pay such import taxes. “The countries will pay,” he insisted this month during an interview with Bloomberg’s John Micklethwait at the Economic Club of Chicago.
In fact, American importers pay all tariffs to the U.S. Customs and Border Protection agency at the time their products enter the country.
Depending upon demand for individual products and the availability of alternatives, the tariff burden may be shared among the foreign producer, the U.S. importer and the final customer.
The foreign company that makes the product, for example, might redesign its assembly line to reduce its costs or might agree to trim its profit margin to retain U.S. sales.
But the main costs fall on American buyers.
“A consistent theoretical and empirical finding in economics is that domestic consumers and domestic firms bear the burden of a tariff, not the foreign country,” according to an analysis by the nonpartisan Budget Lab at Yale University.
Executives at AutoZone, an auto parts retailer, told investors this month they were prepared for products they import to become more expensive. The company’s top suppliers include companies in India, China and Germany, according to a June press release.
“If we get tariffs, we will pass those tariff costs back to the consumer,” Philip Daniele, CEO of AutoZone, said on a recent earnings call. “We’ll generally raise prices ahead of — we know what the tariffs will be — we generally raise prices ahead of that.”
Likewise, Stanley Black & Decker CEO Donald Allan earlier this year told investors his company would probably “have to do some surgical price actions” to offset any new tariffs.
During his presidency, Trump imposed tariffs of up to 25 percent on $360 billion in Chinese imports. The Biden administration has retained most of those taxes and added others on Chinese electric vehicles, computer chips and solar cells.
Vice President Kamala Harris has assailed Trump’s proposed tariffs as a “national sales tax” that would hammer consumers. Trump’s tariff plans would cost a typical U.S. household between $1,700 and $2,600 per year, depending upon whether his universal import fee was set at 10 percent or 20 percent, according to an August study by economists Kimberly Clausing and Mary Lovely.
Harris campaign officials say their approach is more targeted than Trump’s plan to tariff all of the $3 trillion in foreign products that the United States imports each year.
“Just like 2016, Wall Street and so-called expert forecasts said that Trump policies would result in lower growth and higher inflation, the media took these forecasts at face value, and the record was never corrected when actual growth and job gains widely outperformed these opinions. In fact, then — as now — Trump policies will fuel growth, drive down inflation, inspire American manufacturing, all while protecting the working men and women of our nation from lopsided policies tilted in favor of other countries. These Wall Street elites would be wise to review the record,” said Brian Hughes, a senior adviser to the Trump campaign.
Manufacturers that have been hurt by China’s trade practices, including its heavy use of government subsidies, say tariffs are justified as a defensive measure.
Over the past two decades, Orrco, a maker of precision machined products such as brass hose nozzles, lost sales to Chinese competitors that produced the same products for less than its material costs.
Orrco employs about 25 workers in Greensburg, Pennsylvania, just half of its workforce 20 years ago.
“I’m a believer in free trade. But what we have with China is not free trade. It’s just hollowing out our manufacturing sector,” said Keith Orr, Orrco’s vice president.
As the presidential campaign enters its final days, businesses are bracing for potential trade policy upheaval.
Some companies are placing unusually large import orders, aiming to stock up before new tariffs take effect. The United States imported 11 percent more Chinese goods in July and August this year than during the same two months in 2023, according to the Census Bureau.
Other companies hope to avoid the heaviest levies by shifting to suppliers outside of China, Trump’s main target. By December, some of Acme United’s Westcott brand products, such as rulers and paper trimmers, will be made in Thailand and the Philippines, allowing them to escape tariffs aimed at China, CEO Walter Johnsen said on a recent earnings call.
The Shelton, Connecticut-based company, which operates under multiple brands, also has shifted production of some first aid and medical products to India, Egypt and its U.S. factories in Florida, North Carolina and Washington state.
Johnsen said he was skeptical that Trump would actually follow through with his announced plans to increase tariffs on all U.S. imports. Taxing imported medical products, including medicines, for example, would be too disruptive for the U.S. health-care system, he said.
“The hospitals would come to a halt. So it’s highly unlikely, in my view, that 60 percent tariffs are even remotely going to be real, but it’s a negotiating point,” he told investors.
Likewise, on a recent trip to China, Sebastien Breteau, CEO of QIMA, which conducts worldwide factory inspections and audits for major retailers, found few Chinese suppliers who believed Trump would implement what he has promised.
“He’s a man who can change [his] opinion 10 times in a day. So people don’t believe him. People don’t believe Trump is going to raise tariffs by 60 percent,” said Breteau, whose clients include Costco and Walmart.
Still, Trump’s first trade war, starting in 2018, rattled U.S. companies that had become overly dependent upon Chinese suppliers. Subsequent trade disruptions during the pandemic, aggravated by Russia’s invasion of Ukraine, caused many companies to investigate other options.
Columbia Sportswear in recent years has moved some of its production for the U.S. market from China to Central America, Boyle said.
Newell Brands, owner of Rubbermaid, once relied on Chinese suppliers for about 30 percent of the goods it sold in the United States. But it has trimmed that dependence to less than 15 percent and expects to be below 10 percent by the end of next year, CEO Chris Peterson told investors this month.
By making foreign goods more expensive, tariffs should make items produced in Rubbermaid plants in Ohio and Virginia more competitive, he said. “We’ve been preparing for the potential for tariffs and I think we are as well-positioned as we can be to benefit in some categories,” he said.
Computer peripherals maker Logitech for several years has been trying to spread its supply chain across additional Asian nations. About 40 percent of its global shipments come from outside China and the company aims to boost that figure to 50 percent in “the near future,” executives told investors this month.
“We’re on a multiyear journey to make our supply chain more resilient, more diversified,” said CEO Hanneke Faber. “We’ll continue to do that, and we think we’ll be prepared for whatever happens after the U.S. election.”
Trump’s repeated insistence that other nations will pay his tariffs frustrates the U.S. importers who actually get the bills. Lalo, a baby and toddler products retailer, was just opening its doors as the first trade war got underway. The company imports an array of premium items such as play tables, high chairs and bibs.
Some of its products were exempt from the trade levies. But many of the made-in-China goods faced tariffs, forcing the company to raise prices, according to Michael Wieder, the company’s co-founder.
Lalo is growing fast, but not yet profitable, Wieder said. The last thing the 30-employee company needs is higher costs. Along with China, it imports products or materials from countries such as India and Turkey, all of which would face Trump’s universal tariff.
Though reluctant to raise prices, Lalo needs to become profitable so that it can invest in new products and continue growing, Wieder said. Fresh tariffs will get in the way.
“It just hurts the consumer. Straight up. Ten times out of 10,” he said. “Exporting countries do not pay the tariffs. It’s just that simple.”
And no, of course he didn't do it. But he was able to get things put in place that made a nice steep drop in inflation far more likely to happen than anything any Republican would've done - especially that jackass Trump.
Thanks, Joe. Ya done good.
Inflation hits lowest level since spring 2021, most likely teeing up rate cuts
Federal Reserve officials have said they won’t trim borrowing costs until they’re confident that prices are easing back to normal.
Updated August 14, 2024 at 10:15 a.m. EDT|Published August 14, 2024 at 7:39 a.m. EDT Inflation dropped in July to its lowest level in three years on an annual basis, setting up the Federal Reserve to cut interest rates soon to take pressure off the economy.
The snapshot was the clearest indication yet that inflation is heading back to normal levels from 40-year highs — without a recession. Central bankers won’t be caught celebrating, scarred by years of unexpected twists that repeatedly upended the Fed’s inflation fight. But officials will close out the summer with the surest sense yet that it’s time to loosen up on the economic brakes, possibly starting next month.
That would mean some breathing room for households and businesses trying to get mortgages or auto loans, or grow their businesses. For two years, high interest rates have been an added strain for those also struggling under the weight of high prices, especially for basics like food and gas. Now, more relief is in sight — even though the run-up in inflation means prices are still significantly higher now than they were just a few years ago.
“This is pretty much in line with what the Fed expected, and hoped,” said Douglas Holtz-Eakin, president of the conservative American Action Forum. “I had always felt the [Fed’s] language had pretty much locked them into a rate cut in September. This essentially guarantees it, unless we get something really bizarre.”
Data from the Bureau of Labor Statistics showed July’s annual inflation rate hit 2.9 percent, dipping below 3 percent for the first time since March 2021, when price increases took off on the heels of the pandemic. A core measure that strips out volatile categories such as food and energy also saw the smallest 12-month increase since April 2021.
Markets rose slightly off the news, but were mixed by midmorning.
For months, Fed officials have said they won’t trim borrowing costs until they’re confident inflation is easing to normal levels. Now that they’ve come about as close as possible, officials are increasingly acknowledging the risks of keeping rates too high for too long. Already, hiring has slowed down, and global markets are jittery over whether the Fed might have put too much pressure on the economy overall.
Housing continued to dominate the inflation snapshot, with shelter costs accounting for nearly 90 percent of the monthly increase. Rent costs have been cooling for some time now, but economists are still puzzled about why that shift didn’t show up in official statistics until this summer. July saw a slight backpedal, with a key rent gauge rising a smidgen more than in previous months. (The widespread expectation is inflation won’t come down all the way to normal until there’s major headway on the housing component.)
Energy costs stayed level after a few months of declines. Indexes for car insurance and household furnishings were also up. Meanwhile, costs for used cars and trucks, medical care, airline fares and apparel dropped in July compared to June.
In the meantime, families and households are feeling long-awaited relief from price increases, especially on key budget items such as food and housing. Gas costs are down compared with last year.
In the backdrop, Republicans and Democrats are crisscrossing the country trying to attract voters to their economic agendas. Inflation routinely polls as a top reason many Americans don’t think the economy is working for them, even while other metrics such as the job market and consumer spending remain strong. GOP presidential nominee Donald Trump often slams Democrats for massive spending during the pandemic that helped supercharge inflation. Meanwhile, Vice President Kamala Harris, the Democratic nominee, argues that her proposals would help the middle class and that Trump’s plans for mass deportations and spiked tariffs would make inflation worse.
Jared Bernstein, chair of the White House’s Council of Economic Advisers, hailed the “solid disinflation” as good news. But in an interview with The Washington Post, he said the administration is keeping its focus on ways to relieve everyday costs for rent, prescription drugs and more.
“We’re very happy to see lower inflation, to see it have some momentum,” Bernstein said. “But that’s not going to stop us from continuing to lower costs wherever we can.”
The Fed has made major progress on its inflation fight since prices took off in 2021. Since then, officials hoisted the benchmark interest rate to the highest level in more than two decades, in an aggressive attempt to slow the economy at any cost. The result has turned out better than just about anyone predicted, with robust growth, low unemployment and rising wages accompanying cooling inflation. (The Fed wants inflation to hit a 2 percent target each year, but that’s using a different inflation gauge from the one released Wednesday. That gauge rose 2.5 percent in June on an annual basis. Officials have said they won’t wait until inflation gets all the way down to 2 percent before they start cutting rates. Still, they routinely say 2 percent is the ultimate goal.)
The fear, though, is that the economy will begin to crack under the continued weight of high rates. A weaker-than-expected July jobs report stoked fears of a downturn, with that anxiety quickly rippling through the financial markets over a dicey day of trading last week. And even though the job market isn’t being gripped by widespread layoffs and the markets quickly stabilized, the recent panic has put a spotlight on the Fed, which decided to hold rates steady last month instead of starting to cut. With no meeting in August, some observers wondered if the Fed should have lowered rates in July.
Ultimately, the answer will lie in the data.
“You can see inside the data it’s a good report,” said Joe Brusuelas, chief economist at RSM. “It’s just not where we would have wanted to see it to say, ‘all clear.’”
The overwhelming forecast is that the Fed will announce a rate cut at its next meeting in September, possibly by a larger half-point cut if policymakers think the economy is slowing too much. Analysts also expect that the Fed — playing a bit of catch-up — will cut at the year’s remaining meetings in November and December, too. (A November cut would be notable because that meeting falls the week of the presidential election, when the central bank would otherwise avoid anything that affects politics at all costs.)
Fed leaders have made clear that no decisions are set in stone, and depend entirely on the data. But it’s clear that leaders are more confident in their progress against inflation than at any time over the past few years.
Speaking at a news conference in late July, Powell said the recent string of encouraging reports was even better than how things looked in late 2023. Last year, much of the fall in inflation came from a rapid decline in goods prices, as people pulled back on all of the couches, treadmills and home office equipment they had bought during the pandemic. Now, Powell said, there’s a “broader disinflation” taking hold.
“This is so much better than where we were even a year ago,” Powell said. “It’s a lot better. The job is not done, I want to stress that, and we’re committed to getting inflation sustainably under 2 percent. But we need to take note of that progress.”
Still, that progress looks different across the economy. Speaking to The Post this month, Chicago Fed President Austan Goolsbee said that when he travels across his district — which includes Iowa and most of Illinois, Indiana, Michigan and Wisconsin — businesses say supply chain issues from the pandemic have largely cleared. But many companies are still frustrated that they can’t pass their rising operating costs on to customers, because people are already so sensitive to more price increases.
Goolsbee also said there’s a disconnect between wages for low-income Americans rising faster than inflation — and the reality of high costs for the basics.
“Low-income people are getting squeezed in every way,” Goolsbee said.
Because the people who decide what you pay in interest on your credit card, and your mortgage, and your car loan are involved in politics.
The people who set your rent and your base pay - they're involved in politics.
The people who tell you to shut up and live with it when your water looks like piss, and your air makes your kids gasp for a breath, and the food you eat is both too expensive, and too poisonous - they're involved in politics.
Joseph Robinette Biden Jr. (born November 20, 1942) is an American politician who is the 46th and current president of the United States since 2021. A member of the Democratic Party, he previously served as the 47th vice president from 2009 to 2017 under President Barack Obama and represented Delaware in the U.S. Senate from 1973 to 2009.
Born in Scranton, Pennsylvania, Biden moved with his family to Delaware in 1953. He graduated from the University of Delaware in 1965 before earning his law degree from Syracuse University in 1968. He was elected to the New Castle County Council in 1970 and to the U.S. Senate in 1972. As a senator, Biden drafted and led the effort to pass the Violent Crime Control and Law Enforcement Act and the Violence Against Women Act. He also oversaw six U.S. Supreme Court confirmation hearings, including the contentious hearings for Robert Bork and Clarence Thomas. Biden ran unsuccessfully for the 1988 and 2008 Democratic presidential nominations. In 2008, Obama chose Biden as his running mate, and he was a close counselor to Obama during his two terms as vice president. In the 2020 presidential election, Biden chose Kamala Harris as his running mate and defeated incumbent Donald Trump. He is the oldest president in U.S. history and the first to have a female vice president.
As president, Biden signed the American Rescue Plan Act in response to the COVID-19 pandemic and subsequent recession. He signed bipartisan bills on infrastructure and manufacturing. He proposed the Build Back Better Act, which failed in Congress, but aspects of which were incorporated into the Inflation Reduction Act that he signed into law in 2022. Biden appointed Ketanji Brown Jackson to the Supreme Court. He worked with congressional Republicans to resolve the 2023 debt-ceiling crisis by negotiating a deal to raise the debt ceiling. In foreign policy, Biden restored America's membership in the Paris Agreement. He oversaw the complete withdrawal of U.S. troops from Afghanistan that ended the war in Afghanistan, leading to the collapse of the Afghan government and the Taliban seizing control. He responded to the Russian invasion of Ukraine by imposing sanctions on Russia and authorizing civilian and military aid to Ukraine. During the Israel–Hamas war, Biden condemned the actions of Hamas as terrorism, announced military support for Israel and sent limited humanitarian aid to the Gaza Strip.
I've said before that I've never been a Joe Biden fan.
I've also said I don't have to like the guy to agree with him, and to work with him.
And that's very much what politics has to be about.
I'm not looking to date the guy - we're not gonna take long soapy showers together, or pick out some nice matching furniture for the living room, or go for a walk on the beach in the moonlight holding hands.
Does he wanna do some of the things I think government should do?
Does he know enough about how you get those things done?
Is he a good and decent guy?
Will he tell me as much of the truth as possible without compromising security?
Do I think I can trust him enough to have the honor and the integrity to put it all down and walk away when it's time to do that?
Biden was faced with his George Washington test, and he rose to the occasion.
We know there are still some Republicans who would do the same - who have done the same - but either they're already out of office, or they're on their way out. If there are any left in seats of power, but they're not willing to risk their own positions to do what's right, then they're worthy of nothing but scorn. Let 'em rot.
Joe Biden's a better man than any of them ever dreamed of being.
Why am I being expected simply to go along with whatever the fuck the party elites tell me?
I reckon I'm still going to vote for Democrats - BLUE NO MATTER WHO and all that - but it's not a sure thing unless I'm satisfied that they're telling me what's actually going on here.
Because feeling like I'm stuck - that I have to vote their way - and that they're sittin' there all smug and shit, having maneuvered in a way that hems me in. That's about the the shittiest thing anybody can do. And if that's the case, I'm going to resent that for a right long time - and I'm really good at nursing a grudge.
So:
Why is my vote for Biden & Harris in the primary being dismissed and discarded?
What is it about Biden's work as POTUS that you don't like?
How is this not rerunning the kinda shit that cost Hillary the election in 2016?
Is anybody ever going to stand up and tell me the fucking truth?
Press Poodles love to stir the shit for the sake of stirring the shit - because calm, steady, and practical doesn't sell dick pills and panty liners as well as "Democrats In Disarray!"
I'm not saying Biden has absolutely no problems. I've never said that, and I never will, so this time, I'll say it this way: The guy dodders, and he goes on side trips to Grandpa Land on occasion. That's Biden - and that's always been Biden.
And this:
For me, it's Biden -
until Biden tells me it's not Biden
Take a listen to Tennessee Brando talking about ratings, and then tell me the WaPo piece that follows couldn't possibly have anything to do with keeping up the drama for the sake of clicks, and the revenue they get from pimping the show to drive that traffic, to peddle their advertisers' shit.
In the end, it won't be an asshole fascist like Trump that blows it all up. It's going to be some schmuck in the Marketing Dept who's convinced the boss that simply getting eyeballs on a website is more valuable than providing voters a little boring truth about what's at stake in the election, and how mailing in one ballot can make enough of a difference that maybe we change things enough that we don't have to feel like we're at the broken end of the bottle every fucking minute of every fucking day.
And now it's time for WaPo to shit on Biden's head in a piece that spills a gallon of ink on a story that boils down to He Said / She Said.
They name names when there's something to say about how the old guy is sharp and involved, and asking pointed tough questions in (eg) a foreign policy meeting that was scheduled for 90 minutes and then goes for 3 hours, but all the shit-talk is from anonymous sources.
Biden’s aging is seen as accelerating; lapses described as more common
Aides, foreign officials, members of Congress and donors say President Biden has seemed slower and more often loses his train of thought in recent months, though close aides insist he remains mentally sharp.
President Biden, who at 81 is the oldest person ever to hold the office, has displayed signs of accelerated aging in recent months, said numerous aides, foreign officials, members of Congress, donors and others who have interacted with Biden over the last 3½ years, noting that he moves more slowly, speaks more softly and has moments when he loses his train of thought more often than even just a year ago.
None of those who spoke to The Washington Post said they had seen Biden appear as lost and confused as he did at the presidential debate against Donald Trump on June 27, where his halting performance sent panic through the Democratic Party. They largely did not question his mental acuity, and several senior White House aides who interact with Biden regularly said that he continues to ask probing, detailed questions about complicated policy matters and can recall facts from previous briefings in minute detail.
Nevertheless, Biden has slowed considerably over the last several months, according to 21 people, many of whom spoke on the condition of anonymity to discuss a sensitive topic and share candid assessments.
No names - cuz we wouldn't want any verifiable sources now would we.
And 21 people - now there's a big time cohort. I guess we can't possibly get any kind of skewed results form a sample so huge.
They said Biden’s physical signs of aging have become more apparent — the stiff gait; the need at times for assistance in moving from place to place; a raspy, softened speaking voice that can make the lifelong politician known for impassioned and at times seemingly unending speeches now difficult to hear and understand. In addition to these traits, he has exhibited occasional lapses in which he has appeared to briefly freeze up or suddenly veer off topic, instances some said they easily dismissed before the debate but have now caused them to question his ability to do the job for another four years.
During the Group of Seven nations summit in Italy last month, several European leaders came away stunned at how much older the president seemed from when they had last interacted with him only a year, or in some cases, mere months earlier, several officials familiar with their reactions said. “People were worried about it,” said one person familiar with leaders’ reactions.
At an immigration event at the White House less than two weeks before the debate, some participants worried about the president’s frailty and how his energy ebbed and waned, wondering how he would be able to debate Trump. One person who attended termed Biden’s performance “terrifying.” Others said they thought the president seemed physically diminished but otherwise fine. At an internal meeting at the White House this spring, an official recalled struggling to hear Biden speak even though he sat just a few feet away and noticed that the president answered some questions with puzzling non sequiturs.
“There’s been a decline over the last year. He was much more vigorous in 2023,” one former administration official said. “His age is progressing, and I’m pretty sure that’s normal. … The question is how long can he do this job for, and I don’t know the answer to that.”
Biden has said he had a cold on the night of the debate. There is no indication he is more seriously ill, and a White House doctor declared him “fit for duty” after an examination in February 2024.
The White House has pointed to Biden’s long record of legislative successes and his management of complex foreign policy matters in numerous countries as evidence of his ability to continue for another four-year term.
“As he has proved by earning the strongest record of any modern President, Joe Biden is unflinchingly capable and fighting for American families, with sharpness and resolve, every moment of every day — whether it’s managing rapidly-evolving national security events in the Situation Room or working with members of Congress late to pass the biggest climate investments in history,” White House spokesman Andrew Bates said in a statement.
Several White House aides who work with the president regularly and accompany him on foreign trips said that while he may move slower and look older, they do not see signs that he is mentally diminished and say his physical aging has no bearing on his ability to continue the job of president. And many Democrats and White House aides who interact with Biden regularly said they were stunned by his debate performance because he had appeared far sharper and more energetic in private meetings.
But during the Group of Seven nations summit in Italy last month, a number of European leaders were struck by Biden’s appearance and demeanor, according to four people who spoke directly with multiple leaders. The general impression among leaders, the people said, was that while Biden appeared capable of carrying out his duties today, they were concerned about how he would be able to serve another four-year term.
The leaders noted that Biden seemed more tired, frail and less lucid at certain moments. Several said he was hard to hear, prompting meeting participants to ask him to speak up at times, according to a summit participant. The president also sometimes lost his train of thought, though he would return to the point quickly, three of the people said.
Biden’s appearance at the G-7, coupled with his debate performance, has further heightened anxiety among European leaders about a possible second Trump term. European capitals have long been preparing for another Trump presidency, but Biden’s halting debate performance has put those efforts into sharp focus and made the stakes “more real,” one person familiar with the conversations said.
“The impression was, we don’t see him being able to run the country for four more years. How are you running this guy for four more years? How are you going to win this election?” said Ian Bremmer, president of the Eurasia Group, who was familiar with several leaders’ reactions. “It’s very, very rare in a democracy that the person you run for an election is someone that you all know can’t lead the country for four more years.”
One person familiar with the conversations among leaders said Italian Prime Minister Giorgia Meloni observed that Biden was “mentally on top of his game” but physically weak, leaving her worried. The person said those concerns became more pronounced after the debate. A spokesman for the Italian Embassy did not provide a comment.
“What has changed the discourse here in Europe is not the G-7. It’s the debate,” the person said. “Leaders were dismayed by Biden’s performance — they told themselves they should have realized at the G-7 … and came to the conclusion that he cannot win in November.”
Secretary of State Antony Blinken, who was with Biden at the G-7, and Amos Hochstein, a senior national security official also on the trip, said all the leaders at the G-7 looked to Biden for leadership on complex matters including Israel’s war in Gaza, the war in Ukraine, and China. Blinken said Biden held at least a half-dozen working sessions with other leaders, and Biden often came back to offer additional thoughts on various matters.
“What I saw and experienced at the G-7 is a president who was plunged into the work,” said Blinken, who like several others was made available by the White House to vouch for Biden’s fitness. “The question — and it’s a fair one — is ‘Does he have command of the job and is he getting results?’ And the answer to that is yes.”
But others who have interacted with Biden in recent months said they have been struck by changes in his demeanor.
One White House official said he noticed Biden had aged significantly over the past year during a meeting this spring when he found it difficult to hear and understand the president. In another meeting, a senior aide was telling Biden the order in which to call on people in an upcoming event. Biden was alert and engaged but jotted the names down slowly, the official recalled. “That took longer than one would expect,” the official said. “It wasn’t that his mind was trailing off. He was slowing down.”
While campaigning in 2020, Biden said he viewed himself as a “bridge” to the next generation of Democratic leaders. But after a string of legislative victories and a better-than-expected showing by Democrats in the 2022 midterms, Biden announced his intent to seek a second term.
Trump, who is 78 and prone to non sequiturs of his own, has also faced questions about his acuity, particularly as he has rambled incoherently at several recent public events. Still, polls show voters are more concerned about Biden’s age than Trump’s. In a post-debate CBS News-YouGov poll, 72 percent of voters said they did not believe Biden has the mental and cognitive health to serve as president, compared with 49 percent who said the same about Trump.
Biden’s age has been a frequent target of Republican attacks. They frequently take videos from public events — often with critical context missing — that make Biden appear confused and inept. White House aides have fiercely pushed back on any suggestion that Biden is too old to do the job, saying he aggressively asks questions in briefings and speech preps. They also point to his continued ability to work a rope line and talk about complicated policy matters on the fly.
Emmy Ruiz, the White House political director, recalled a meeting with Latino leaders that Biden held this spring that covered policy issues including housing, immigration and the border. She said Biden walked in with one card of notes, initially intending to simply drop by and say hello, and instead held a 45-minute unscripted policy meeting.
“He’s constantly pushing us,” Ruiz said in an interview. During speech preparation, she said, Biden often asks what people are expecting to hear from him and requests to speak with local politicians to better understand their constituents.
After a group of senators returned from the Middle East after the Oct. 7 Hamas attacks in Israel, they went to the White House one evening to brief the president for a meeting they expected to last 30 minutes, said Jonathan Kott, an adviser to Sen. Chris Coons (D-Del.), a key ally of the president.
“They had a detailed conversation about foreign policy for over two hours and thought he was sharp, alert and in command,” Kott said.
Neera Tanden, director of the White House Domestic Policy Council, said she attended a recent meeting where she briefed Biden on the minutia of the administration’s health-care policy, a plan to lower the cost of inhalers and talked through how the Medicaid rebate program works. Biden asked detailed questions about the policy and its real-world impact, she said.
“My experience with the president is that he is demanding on facts and policy and wants to deliver for the American people so he asks tough questions,” Tanden said.
Mark Shriver, a member of the Kennedy family who spent a day with Biden at the White House in March, said he “doesn’t move around like an athletic 55- or 60-year-old.”
“But he had a lot of energy. He was telling jokes and showing off the White House and was completely fine,” Shriver said.
Those who do not interact with Biden regularly, such as Democratic donors and foreign leaders, are often the ones who notice the change most acutely. Senior aides who interact with Biden regularly said they have not noticed stark changes.
And some of Biden’s lapses have taken place in public.
While addressing a crowd on the White House lawn during a commemoration of Juneteenth last month, Biden briefly became unintelligible, as he slurred his words before regaining his footing and completing his speech. At a White House meeting on reproductive health in January, Biden directed the crowd’s attention to Health and Human Services Secretary Xavier Becerra, who the president said was “sitting” in the room — but it was actually Homeland Security Secretary Alejandro Mayorkas. The two Cabinet secretaries do not look alike; Mayorkas is bald, while Becerra has a full head of hair and wears glasses.
During an impromptu news conference in February, Biden referred to Abdel Fatah El-Sisi, the president of Egypt, as the president of Mexico. Biden had called the conference to try to allay concerns about his age and memory after special counsel Robert K. Hur determined that he should not be prosecuted for careless handling of classified documents, in part because a jury might conclude that he was a “sympathetic, well-meaning, elderly man with a poor memory.”
Biden had a childhood stutter that aides say sometimes resurfaces. Experts say lifelong speaking challenges are separate from lapses of memory.
Since the debate, Democrats have expressed frustration that Biden has been slow to forcefully come out and show to voters he is up to the job. He held a rally in Raleigh, N.C., the day after the debate, reading scripted remarks from a teleprompter, where he was energetic and impassioned, briefly allaying some concerns. But many Democrats and White House allies were befuddled as to why Biden and his team had not quickly scheduled a television interview that would demonstrate that Biden could handle unscripted settings and added more events to his schedule this week.
Biden is now set to record an interview with ABC News on Friday and has a series of campaign events in Wisconsin on Friday and Philadelphia over the weekend. Next week, the president is expected to hold a solo news conference during the NATO summit being hosted in Washington. Biden and his senior team have said they understand that the president must demonstrate his fitness for office to salvage his candidacy.
Much of the anger inside the White House and on Capitol Hill has been directed at Biden’s closest aides, who have largely kept the president away from spontaneous and unscripted events, sparking suspicion among those who interact with him less often that his condition may be worse than aides have acknowledged.
Bates, the White House spokesman, noted that Biden has done interviews with major networks and speaks in more informal settings with reporters, such as when he is boarding Marine One at the White House.
Biden has traveled the country over the last couple months campaigning, but the vast majority of his events are carefully choreographed, with the president reading from a teleprompter — even for intimate fundraisers or brief remarks. He does few media interviews, and even when the president does hold news conferences, they are often with foreign leaders and limited to a small number of questions. (White House aides counter that the president holds plenty of unscripted interactions in photo lines and in impromptu meetings and drop-bys, and that teleprompters are standard for presidential events.)
Donors have complained that Biden’s team has barred them from asking questions even at small group events, unusual at high-dollar political fundraisers.
Biden’s aides also adjust his schedule to avoid overly taxing him. During a private meeting with Democratic governors at the White House on Wednesday evening, Biden said that he needs to get more sleep and had instructed staff to avoid scheduling events for him after 8 p.m., a person familiar with his comments said.
Two former and one current White House official said most high-priority meetings and key events are scheduled midday, when aides believe Biden is at his best. They also said that White House schedulers keep meetings with the president as small as possible, particularly compared with prior administrations — a sharp departure from Biden’s earlier White House stint as vice president, when the garrulous politician loved to be at the center of large gatherings. Biden also sometimes wears tennis shoes and uses a shorter series of steps to Air Force One, to reduce the chances he might trip.
One veteran leader who has met Biden several times over the years said they were surprised by how much older Biden appeared when they saw him on May 27 for a Memorial Day breakfast in the East Room of the White House that was attended by a few hundred grieving military family members, veterans service organizations and administration officials.
While there were no “red flags” in Biden’s brief remarks at the event, the veteran leader said, the president had “noticeably aged a lot” since the previous Memorial Day weekend, noting his gait and physical demeanor, when he also greeted guests and took photographs.
At the White House nine days before the debate, four people who were present said they worried about the president’s fitness after observing him at a celebratory gathering to announce a new policy to help immigrants.
Under the sparkling chandeliers in the East Room on June 18, the president seemed off. He appeared frail as he navigated to the stage before the packed crowd of more than 100 people. He sometimes mumbled. In one jarring moment, he appeared to freeze while introducing Mayorkas, and then waved it off as a joke. A White House aide said the difficulty with Mayorkas’s name in that moment stemmed from Biden’s stutter.
Aides reportedly said it was Biden being Biden.
But others at the event said lawmakers and other attendees whispered concerns about Biden’s fitness over iced tea at the White House afterward, as a mariachi band played.
“Everyone talked about it with each other,” said a former Biden administration official who attended the event. “We were all like ‘That was horrible. We’re going to lose the election.’”
An advocate who was in the room recalled saying to others after the event, “he’s not going to make it four more years,” adding “he’s walking like an old man.”
“I was in shock,” the person said. “It was like I was seeing something nobody else was seeing. … It was so obvious to me.”
Rep. Nanette Barragán (D-Calif.), chairwoman of the Congressional Hispanic Caucus who also attended the event, came away with a different impression. She said Biden seemed sharp, empathetic and capable of leading at the June 18 event.
Barragan said Biden at previous events has sometimes asked for her hand to help him descend from a stage. But she said she had confidence in his ability to be president.
“Joe may not walk the same. He might be stiffer,” she said. “I don’t think that goes to his inability to be president of the United States.”
But the former Biden official was struck by the moments the president seemed less like himself and worried about what it would mean about his ability to take on Trump.
The former official came away from the event thinking to themselves: “I don’t know how that man’s going to debate next week.”
Again, I'm not saying there are no problems. I am saying I'm pretty fuckin' sick and tired of Press Poodles taking the word of anonymous sources, and then reporting it as if it was Gospel, and keeping me blind with no way to check it for myself.
If it's real, then show me. And as far as the observers making comments that border on diagnostics - let's look at where those folks took their clinical training.
Finally: Biden has always gotten himself off onto tangents. Maybe what we're seeing now as "glitches" are just Biden trying to self-discipline.
The big problem with going toe-to-toe with Trump is that the lies are so thick that you have to resist the natural reflex of trying to rebut everything in the Standard Trump Gish Gallop, and stay focused on the main point.
For a guy having to deal with that stutter, if his handlers aren't prepping him properly, he's going to come off as confused - and that perceived confusion is almost sure to be interpreted as "old and fuzzy-headed and not up to it" by Press Poodles looking to drive clicks and revenue from as wide an audience as possible, with no regard for reality-based consequences.
