Joe Biden’s policies are working, at least on paper, but many average citizens only see despair
There’s been a debate lately in the United States about the supposed success of President Joe Biden’s economic policies and the “vibecession” (a perceived recession based on a pessimistic outlook on the economy, term coined by financial influencer Kyla Scanlon) apparently taking place, which has been led by one X (formerly Twitter) user named Will Stancil.
Will argues that Bidenomics – the collective name for the current administration’s economic strategy, which is directed ostensibly at supporting the working class, reducing income inequality, and strengthening the social safety net – is working. The US economy is red-hot and, on the back of historically low unemployment, labor finally has the power to push for higher wages and fairer contracts, which ought to be making people’s lives better.
But, as is always the case, the internet disagrees, and people’s lived experience contradicts the hard numbers. X users shouted Stancil down with the fact that property prices are through the roof, so much so that Generation Z can probably never even fathom home ownership. Others are pointing to the fact that most Americans still live paycheck-to-paycheck, which means that any semi-large financial event could see them on the streets. .....more below
Iran’s Army has carried out a massive drone strike on the headquarters of the Israeli occupation forces in the Beersheba area, in response to the ongoing US-Israeli terrorist strikes against Iran.
In a statement, the Iranian Army announced that its drones heavily attacked the headquarters of Israeli regime in Beersheba on Friday morning.
It added that since Friday morning, the Iranian Army has been targeting the headquarters of the Israeli regime's defense forces in the occupied territories in Beersheba using destructive drones launched from various parts of the country.
“Beersheba is the site of strategic military installations and infrastructures of the Zionist regime's army, including bases associated with ground and air forces,” the statement said.
“This extensive operation will continue in the coming hours with large-scale attacks on other significant locations of Zionist regime bases,” it emphasized....more below
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The US military is facing a "historic challenge" as it attempts to counter Iran’s vast arsenal of “low-cost” drones and ballistic missiles, says a new report.
Nearly two weeks into the US aggression against the Islamic Republic, Tehran has managed to significantly strain American military inventories, Bloomberg reported, citing military experts and Pentagon officials.
The American publication wrote that US forces have been forced to dig deep into inventories of expensive, hard-to-replace interceptors to counter the Iranian barrage.
It stated that the US and its Persian Gulf allies have fired over 1,000 Patriot PAC-3 interceptors—nearly double the annual production capacity of these weapons.
“The United States led the long-range precision strike revolution, and this is the first war where we’re seeing the adversary have that kind of capability,” Bloomberg quoted Kelly Grieco, a senior fellow at the Stimson Center.
“It’s putting stress on the system that we haven’t seen before,” Grieco ...
