On Tuesday, President Joe Biden will mark 6 months in office. He has had strong successes, but there is much more to accomplish ahead
Biden’s popularity is positive and steady above 50 per cent. His policy proposals have met with strong approval: how he has managed the pandemic, the vigorous jobs gains and economic recovery, the direct financial support to families and workers, a more normal summer of being together with friends and family and travelling again, and an overall sense of optimism about the future.
The troops have come home from Afghanistan, American leadership on the world stage is valued again by US allies. There was direct engagement with President Putin. Biden is strengthening policy across Asia and will soon engage more directly with China.
Biden’s Cabinet officials are performing well. His White House staff is viewed as exceptionally able. Processes are orderly. The chaos of the Trump years is gone. The press is no longer the enemy of the people.
While it has been an exceptionally good six months, there are many challenges yet to be faced and overcome
Partisanship in the capital is at poisonous levels.
The Senate Republican leader says he is committed to “100%” opposition to what Biden is doing. Legislation that passes the House of Representatives faces death by filibuster in the Senate.
There is no movement on issues that tear at the fabric of American life: voting rights, gun control, immigration reform.
What is the Republicans game-plan?
While Biden supporters clamour for action but there is no clear road ahead. The Republican game-plan is simple: stop Biden from governing and take that failure to the midterm elections next year and take back control of Congress.
The next crucial piece of economic recovery – rebuilding the country with a vigorous infrastructure program and advancing Biden initiatives on education, climate, and health care – are all in the balance in the Senate. Whether the bipartisan infrastructure agreement truly holds – will it die because of lack of sufficient Republican support? – will be the crucial test of whether any meaningful engagement between the president and the Republicans is possible. Votes are expected this month.
But where is Biden really vulnerable?
Republicans have not been successful in attacking Biden frontally on his major legislative achievements: curbing the pandemic, rolling out the vaccines, financial support, jobs and growth, infrastructure, education and skills.
Instead, their focus is on cultural issues that tap into the raw emotions Trump unleashed throughout his presidency, and they are pushing these hot buttons:
- Crime, and the rise in crime violence in American cities. Over the weekend, there was a shooting outside National Stadium in Washington, where a ballgame was underway.
- Immigration, and whether the southern border is “out of control.” There have been as million arrests at the border this year, and over 180,000 in June – a 20-year high.
- Inflation, where there are sharply rising costs for petrol, housing, and some foods, and whether the massive Biden spending programs are fueling these price rises.
- Instability in Cuba and Haiti, and whether this will trigger as wave of refugees headed to Florida.
- Afghanistan, and whether the Taliban will take control over the country and threaten terrorism.
Republicans will take these culture war issues into next year’s elections.
Biden knows all this. He is focused. He knows what he wants to get done. And he believes he can.
How to make your money work for you over the next decade
With high interest rates, persistent inflation, and a tight labor market—the next decade is expected to be very different from the last 10 years.
Companies and households around the world are still trying to get back to pre-pandemic economic outputs and lifestyles.
So, how can people successfully invest and better manage their personal finances?
James Faris, an Investing Reporter with Insider joins Veronica Dudo to discuss. #InAmericaToday #featured #money #finance #economy #investing
Parents buying houses for their adult children
Rise in parents purchasing homes for adult children sparks concerns
A growing trend of parents buying houses for their adult children is causing a stir, raising questions about the potential downsides of such arrangements. While the gesture may seem benevolent, experts warn of the pitfalls associated with this practice.
Financial advisors express concerns about the impact on both generations’ financial independence. By providing ready-made homes, parents might inadvertently hinder their children’s ability to learn crucial financial lessons, such as budgeting, mortgage management, and property ownership responsibilities.
The trend also sparks debates on the long-term implications for the housing market. Critics argue that such parental interventions can distort property prices and exacerbate existing affordability challenges, particularly for younger individuals aspiring to enter the property market independently.
There’s a call for a broader societal discussion on the balance between parental support and fostering financial autonomy. While the intention is often rooted in care, the unintended consequences of sheltering adult children from financial realities are prompting a reassessment of this well-meaning practice.
Victoria’s Secret criticized for trans woman’s apology
Victoria’s Secret is facing backlash after issuing an apology to a transgender woman who had a negative experience while trying on bras at one of their stores.
The incident has ignited a debate about inclusivity and sensitivity in the fashion industry.
The controversy began when the trans woman, who remains anonymous, visited a Victoria’s Secret store to shop for bras. She reported feeling uncomfortable and discriminated against by store staff.
In response to her complaint, Victoria’s Secret issued an apology, acknowledging the incident and expressing their commitment to diversity and inclusion.
However, the apology itself has come under fire from both supporters and critics.
Some argue that the brand’s apology is insincere and merely an attempt to save face, while others believe it is a step in the right direction towards a more inclusive shopping experience for all customers.
The incident raises important questions about how brands should handle situations involving discrimination and whether their apologies are genuine or performative.
It also highlights the ongoing challenges faced by transgender individuals when accessing spaces traditionally designed for cisgender customers.
As the fashion industry continues to evolve, many are calling for a deeper examination of inclusivity and sensitivity, not just in policies but in practice.
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