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 has warned international investors and financial institutions, stating that entities financing the United States' military apparatus are now considered legitimate targets in the ongoing resistance against American and Israeli aggression.
In a statement posted on his official X account on Sunday, Iran's Parliament Speaker Mohammad Bagher Ghalibaf emphasized Iran's resolve to defend its sovereignty and people against continued US aggression, which has resulted in immense suffering for Iranians through sanctions, covert operations, and wars.
"Alongside military bases, those financial entities that finance the US military budget are legitimate targets," the Parliament Speaker stated.
He condemned US Treasury bonds as instruments "soaked in Iranians' blood," saying that purchasing or holding such bonds equates to directly supporting attacks on Iranian lives and territory.
"Purchase them, and you purchase a strike on your HQ and assets," he warned.
Ghalibaf underscored Iran's ...
In response to threats by US President Donald Trump about hitting Iran’s power plants, the Intelligence Service of the Islamic Revolution Guards Corps (IRGC) says critical technology centers beyond the region will be targeted within 48 hours.
The Intelligence Service said in a post on X on Sunday that since February 28, Iran’s armed forces have managed to stabilize the Strait of Hormuz, forcing the United States to evacuate its bases in the region, and damage and destroy technological centers of the Israeli regime.
From now on, the Service stated, Iran’s armed forces also have an eye on extra-regional technological and political targets associated with the Islamic Republic’s enemies.
Trump yesterday threatened that Iran’s power infrastructure would be bombed if the Strait of Hormuz is not opened within 48 hours.
Iran has declared that the strategic waterway is open to those who do not stand on the side of the Islamic Republic’s enemies. It has also warned of extra-regional ...
In response to threats by US President Donald Trump about hitting Iran’s power plants, the Intelligence Service of the Islamic Revolution Guards Corps (IRGC) says critical technology centers beyond the region will be targeted within 48 hours.
The Intelligence Service said in a post on X on Sunday that since February 28, Iran’s armed forces have managed to stabilize the Strait of Hormuz, forcing the United States to evacuate its bases in the region, and damage and destroy technological centers of the Israeli regime.
From now on, the Service stated, Iran’s armed forces also have an eye on extra-regional technological and political targets associated with the Islamic Republic’s enemies.
Trump yesterday threatened that Iran’s power infrastructure would be bombed if the Strait of Hormuz is not opened within 48 hours.
Iran has declared that the strategic waterway is open to those who do not stand on the side of the Islamic Republic’s enemies. It has also warned of extra-regional ...
