(DCNF)—Jason Furman, the former top economist for the Obama administration, told Politico that he believes that former President Joe Biden’s attempts to bolster U.S. infrastructure were largely unsuccessful.
Furman told Politico in an interview published Thursday that Biden’s infrastructure programs had “basically been a failure.” He also suggested in the interview that the Biden-Harris administration’s infrastructure projects were often marred by high costs.
“On infrastructure, the program has basically been a failure,” Furman told Politico. “A huge amount of money flooded into it. In some ways it made it even harder to build with the number of requirements put on programs.”
Biden introduced several legislative packages during his sole term in an attempt to bolster the U.S. economy and infrastructure, including signing the $1.2 trillion Bipartisan Infrastructure Law (BIL) in November 2021, which authorized funding for various transportation and infrastructure projects. Notably, the Biden-Harris administration’s push to boost domestic infrastructure through the BIL was often met with major slowdowns.
“All of this drove up costs so much that the money that got spent was basically swallowed up by the higher costs, and then a lot of the money hasn’t even been spent,” Furman told the outlet.
American families and businesses were plagued with a host of economic struggles during Biden’s sole term, including soaring inflation and stagnant wages. The economy was one of the most important issues for voters ahead of the 2024 presidential election.
Some exit polls showed that most voters considered inflation to be a “hardship.” Still, the Biden-Harris administration repeatedly claimed that Biden’s economy benefited Americans during his time in office.
Since returning to the Oval Office on Jan. 20, President Donald Trump has introduced several executive actions to improve the U.S. economy, including signing a presidential memorandum aimed at delivering “emergency price relief” for Americans and defeating the nation’s “cost-of-living crisis.” While on the campaign trail, Trump pledged to address Americans’ concerns over the cost of living and introduce economic policies aimed at benefiting average Americans.
All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact [email protected].
Independent Journalism Is Dying
Ever since President Trump’s miraculous victory, we’ve heard an incessant drumbeat about how legacy media is dying. This is true. The people have awakened to the reality that they’re being lied to by the self-proclaimed “Arbiters of Truth” for the sake of political expediency, corporate self-protection, and globalist ambitions.
But even as independent journalism rises to fill the void left by legacy media, there is still a huge challenge. Those at the top of independent media like Joe Rogan, Dan Bongino, and Tucker Carlson are thriving and rightly so. They have earned their audience and the financial rewards that come from it. They’ve taken risks and worked hard to get to where they are.
For “the rest of us,” legacy media and their proxies are making it exceptionally difficult to survive, let alone thrive. They still have a stranglehold over the “fact checkers” who have a dramatic impact on readership and viewership. YouTube, Facebook, and Google still stifle us. The freer speech platforms like Rumble and 𝕏 can only reward so many of their popular content creators. For independent journalists on the outside looking in, our only recourse is to rely on affiliates and sponsors.
But even as it seems nearly impossible to make a living, there are blessings that should not be disregarded. By highlighting strong sponsors who share our America First worldview, we have been able to make lifelong connections and even a bit of revenue to help us along. This is why we enjoy symbiotic relationships with companies like MyPillow, Jase Medical, and Promised Grounds. We help them with our recommendations and they reward us with money when our audience buys from them.
The same can be said about our preparedness sponsor, Prepper All-Naturals. Their long-term storage beef has a 25-year shelf life and is made with one ingredient: All-American Beef.
Even our faith-driven precious metals sponsor helps us tremendously while also helping Americans protect their life’s savings. We are blessed to work with them.
Independent media is the future. In many ways, that future is already here. While the phrase, “the more the merrier,” does not apply to this business because there are still some bad actors in the independent media field, there are many great ones that do not get nearly enough attention. We hope to change that one content creator at a time.
Thank you and God Bless,
JD Rucker
