The Economy is on an Upswing. Should Biden Get Credit for It?

<p>The latest economic figures are some of the best of President Biden’s tenure so far. It appears increasingly likely that the United States has managed to tame high inflation without causing a recession.</p><p>Jim Tankersley, who covers economic policy for The Times, discusses the encouraging outlook and speculates about why the positive data hasn’t translated into a bump in President Biden’s popularity.</p><p>Guest: <a href="https://www.nytimes.com/by/jim-tankersley?smid=pc-thedail">Jim Tankersley</a>, a White House correspondent for The New York Times.</p><p>Background reading: </p><ul><li>For President Biden, many of the numbers that define an administration — on the economy, crime, immigration — are finally heading in the right direction. Except one:<a href="https://www.nytimes.com/2023/08/04/us/politics/biden-approval-rating.html"> his approval rating</a>.</li><li>With the strong numbers, there are tentative signs that<a href="https://www.nytimes.com/2023/08/01/us/politics/biden-economy-bidenomics.html"> the national mood is beginning to improve</a>.</li></ul><p>For more information on today’s episode, visit </p><p><a href="http://nytimes.com/thedaily?smid=pc-thedaily">nytimes.com/thedaily</a></p><p>. Transcripts of each episode will be made available by the next workday.</p>