The Cincinnati Enquirer: on Budget & Economy


Joe Biden: Spending bills will create opportunity & drive down prices

Q: [Are the COVID stimulus bills inflationary?]

BIDEN: The vast majority of the experts, including Wall Street, are suggesting that it's highly unlikely that it's going to be long-term inflation that's going to get out of hand. There will be near-term inflation, because everything is now trying to be picked back up.

Q: You seem pretty confident that inflation is temporary, but you're pumping all of this money into the economy. Couldn't that add to--

BIDEN: Moody's said if we pass the other two things I'm trying to get done, we will reduce inflation, because we're going to be providing good opportunities and jobs for people who are going to be reinvesting that money back in all the things we're talking about, driving down prices, not raising prices.

Source: Cincinnati Enquirer transcript of CNN Biden town hall Jul 21, 2021

Joe Biden: I'm tired of trickle down; build it out & up, not just down

Can you think of any time when the middle class did better, the wealthy didn't do really well? I'm not being facetious now. I'm being deadly earnest. Can you think of any time that's occurred when the middle class does better? I'm tired of trickle down. So that's what we have to do, build it out and up, not just down.
Source: Cincinnati Enquirer transcript of CNN Biden town hall Jul 21, 2021

P.G. Sittenfeld: Trickle-down economics has not worked for vast majority

Rob Portman does a good job of coming off as moderate. But his actual voting record tells something of a different story. He's been a long-time supporter of trickle-down economics. That has not worked for the vast majority of Americans. We saw multiple enormous tax cuts for the wealthiest Americans, and that was part of what paved the way for the Great Recession. In terms of the recovery not being equally shared, virtually 100% of the income gains are going to the top 5%.
Source: OTI transcript of Cincinnati Enquirer: 2016 Ohio Senate race May 12, 2015

  • The above quotations are from Media coverage of Ohio political races in The Cincinnati Enquirer.
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2016 Presidential contenders on Budget & Economy:
  Republicans:
Gov.Jeb Bush(FL)
Dr.Ben Carson(MD)
Gov.Chris Christie(NJ)
Sen.Ted Cruz(TX)
Carly Fiorina(CA)
Gov.Jim Gilmore(VA)
Sen.Lindsey Graham(SC)
Gov.Mike Huckabee(AR)
Gov.Bobby Jindal(LA)
Gov.John Kasich(OH)
Gov.Sarah Palin(AK)
Gov.George Pataki(NY)
Sen.Rand Paul(KY)
Gov.Rick Perry(TX)
Sen.Rob Portman(OH)
Sen.Marco Rubio(FL)
Sen.Rick Santorum(PA)
Donald Trump(NY)
Gov.Scott Walker(WI) 		Democrats:
Gov.Lincoln Chafee(RI)
Secy.Hillary Clinton(NY)
V.P.Joe Biden(DE)
Gov.Martin O`Malley(MD)
Sen.Bernie Sanders(VT)
Sen.Elizabeth Warren(MA)
Sen.Jim Webb(VA)

2016 Third Party Candidates:
Gov.Gary Johnson(L-NM)
Roseanne Barr(PF-HI)
Robert Steele(L-NY)
Dr.Jill Stein(G,MA)
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Page last updated: Jul 21, 2024