Further, while inflation remains high by historical standards, it has steadily declined since Biden took office. Most recently, the Consumer Price Index — which measures inflation —, well below the 4.9% year-over-year increase in April. And while 2023 began with fears of recession, National Economic Council Director Lael Brainard said during a Tuesday press briefing that"what we've seen in the actual data has been a lot of resilience.
The data alone has given Biden a lot to tout. But during his Wednesday remarks, it was evident there are still campaign promises — and Democratic priorities — that many Americans are still banking on. From free community college to a higher minimum wage, Biden's agenda has already run into hurdles, and it remains to be seen what he can accomplish should he secure a second term in the White House.