During a recent union rally in Wentzville, Missouri, Rep. Alexandria Ocasio-Cortez of New York expressed concerns about the state of the U.S. economy. She emphasized that, contrary to some experts and officials in Washington, many Americans are struggling to make ends meet. She argued that the true state of the economy isn’t reflected merely in GDP or employment statistics, but in the real-life choices everyday citizens must make.
She pointed out that some in elite circles might not grasp the gravity of these economic challenges since they aren’t faced with difficult choices like deciding between paying for childcare or work, or between medical bills and rent. Ocasio-Cortez empathized with workers, suggesting they experience the economic strain directly in their physical labor and lack of quality time with family.
While she didn’t directly target any political party, her remarks seemed to counter the narrative from the Biden administration that the nation’s economy is flourishing. Supporters of President Biden have even coined the term “Bidenomics” as evidence of the administration’s economic success as he prepares for his re-election bid in 2024.
President Biden, in a Maryland speech, countered critics by highlighting his administration’s achievements. He cited the creation of over 13 million jobs and noted consistent low unemployment rates, among other economic successes.
However, a recent Washington Post-ABC News Poll indicated that a significant majority of Americans hold negative views about the economy. Specifically concerning food prices, an overwhelming 91% of those surveyed rated them negatively.