US President Biden used the term 'Maganomics' to describe the Republicans' proposed budget cuts, before a possible government shutdown. EPA
US President Biden used the term 'Maganomics' to describe the Republicans' proposed budget cuts, before a possible government shutdown. EPA
US President Biden used the term 'Maganomics' to describe the Republicans' proposed budget cuts, before a possible government shutdown. EPA
US President Biden used the term 'Maganomics' to describe the Republicans' proposed budget cuts, before a possible government shutdown. EPA

Joe Biden criticises 'Maganomics' amid shutdown threat


  • English
  • Arabic

US President Joe Biden on Thursday promoted his economic achievements and attacked far-right Republicans as the threat of a government shutdown looms.

"We've created … over 13 million jobs, more jobs in two years any president's created in a four-year term," Mr Biden said in his speech in Maryland.

"We've had 19 straight months of unemployment under 4 per cent for the first time in American history.

"Now, we have the fastest economic growth from the pandemic of any world economy with the lowest inflation rate among the major economies. We have a lot more to do."

He told of how federal budget cuts would affect Americans, weeks before the September 30 deadline to keep the federal government open.

"The country should know the facts, they should know the choice between Bidenomics and Maganomics," Mr Biden said.

He was referring to "Maga," or Donald Trump's Make America Great Again slogan adopted by far-right Republicans.

"They have a very different vision for America."

House Republicans are demanding that the administration cut federal spending to a level lower than what Mr Biden and House Speaker Kevin McCarthy had agreed to in May.

Mr Biden spoke to the crowd about disagreements over the deficit and tax cuts for wealthy people.

He also criticised Republican proposals to cut funding in education, infrastructure, social security, Medicare and Medicaid.

“A deal is a deal,” White House press secretary Karine Jean-Pierre said on Wednesday.

“The President, House Democrats, Senate Democrats, and Senate Republicans have stood by that agreement, with bipartisan movement in the Senate today.

“But Speaker McCarthy and House Republicans have taken a different approach, ignoring the agreement that a majority of them voted for and advancing extreme partisan bills that break their promise and gut investments in America.”

Mr Biden also faces an impeachment inquiry. He continues to portray himself as a president more concerned with governing than political theatrics.

House Republicans opened the inquiry after investigations into the business dealings of the President's son, Hunter Biden.

Republicans accuse the President of profiting from his son's business dealings while vice president, between 2009 and 2017.

The White House says Mr Biden has done nothing wrong.

Speaking in Virginia on Wednesday, Mr Biden said House Republicans had launched an impeachment inquiry against him to instigate a government shutdown.

“I don’t know quite why, but they just knew they wanted to impeach me," he said. "And now, the best I can tell, they want to impeach me because they want to shut down the government.”

“So, look, look, I got a job to do. Everybody always asked about impeachment. I get up every day, not a joke, not focused on impeachment. I’ve got a job to do.

"I've got to deal with the issues that affect the American people every single solitary day.”

Mr Biden has embraced the term “Bidenomics”, which the White House has said involves taxing the wealthy, tackling junk fees and investing in key areas.

His speech on Thursday will be the latest effort by the Biden administration to convince American voters of his economic record, which remains a challenge in his 2024 re-election bid.

So far, such efforts have failed.

And recent government data could make it even more difficult to change opinions.

Inflation increased to 3.7 per cent last month on surging petrol costs – another talking point against Mr Biden – even as core inflation declined.

Only 34 per cent of Americans approve of Mr Biden's handling of the economy, according to a recent USA Today poll.

More Americans also trust Donald Trump – the 2024 Republican front-runner – than the incumbent president to improve the economy.

A large majority of Americans also believe the economy is getting worse and that their cost of living is rising, according to the poll.

THE BIO: Mohammed Ashiq Ali

Proudest achievement: “I came to a new country and started this shop”

Favourite TV programme: the news

Favourite place in Dubai: Al Fahidi. “They started the metro in 2009 and I didn’t take it yet.”

Family: six sons in Dubai and a daughter in Faisalabad

 

Kat Wightman's tips on how to create zones in large spaces

 

  • Area carpets or rugs are the easiest way to segregate spaces while also unifying them.
  • Lighting can help define areas. Try pendant lighting over dining tables, and side and floor lamps in living areas.
  • Keep the colour palette the same in a room, but combine different tones and textures in different zone. A common accent colour dotted throughout the space brings it together.
  • Don’t be afraid to use furniture to break up the space. For example, if you have a sofa placed in the middle of the room, a console unit behind it will give good punctuation.
  • Use a considered collection of prints and artworks that work together to form a cohesive journey.
Ferrari 12Cilindri specs

Engine: naturally aspirated 6.5-liter V12

Power: 819hp

Torque: 678Nm at 7,250rpm

Price: From Dh1,700,000

Available: Now

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
Blackpink World Tour [Born Pink] In Cinemas

Starring: Rose, Jisoo, Jennie, Lisa

Directors: Min Geun, Oh Yoon-Dong

Rating: 3/5

MATCH INFO

Uefa Champions League final:

Who: Real Madrid v Liverpool
Where: NSC Olimpiyskiy Stadium, Kiev, Ukraine
When: Saturday, May 26, 10.45pm (UAE)
TV: Match on BeIN Sports

SERIE A FIXTURES

Saturday (All UAE kick-off times)

Lecce v SPAL (6pm)

Bologna v Genoa (9pm)

Atlanta v Roma (11.45pm)

Sunday

Udinese v Hellas Verona (3.30pm)

Juventus v Brescia (6pm)

Sampdoria v Fiorentina (6pm)

Sassuolo v Parma (6pm)

Cagliari v Napoli (9pm)

Lazio v Inter Milan (11.45pm)

Monday

AC Milan v Torino (11.45pm)

 

Tearful appearance

Chancellor Rachel Reeves set markets on edge as she appeared visibly distraught in parliament on Wednesday. 

Legislative setbacks for the government have blown a new hole in the budgetary calculations at a time when the deficit is stubbornly large and the economy is struggling to grow. 

She appeared with Keir Starmer on Thursday and the pair embraced, but he had failed to give her his backing as she cried a day earlier.

A spokesman said her upset demeanour was due to a personal matter.

The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat 

What's in the deal?

Agreement aims to boost trade by £25.5bn a year in the long run, compared with a total of £42.6bn in 2024

India will slash levies on medical devices, machinery, cosmetics, soft drinks and lamb.

India will also cut automotive tariffs to 10% under a quota from over 100% currently.

Indian employees in the UK will receive three years exemption from social security payments

India expects 99% of exports to benefit from zero duty, raising opportunities for textiles, marine products, footwear and jewellery

Brief scoreline:

Manchester United 0

Manchester City 2

Bernardo Silva 54', Sane 66'

UAE currency: the story behind the money in your pockets
Bharat

Director: Ali Abbas Zafar

Starring: Salman Khan, Katrina Kaif, Sunil Grover

Rating: 2.5 out of 5 stars

Updated: September 14, 2023, 8:42 PM`