The single most important sentence in Joe Biden's big speech
CNN
In the course of his address Wednesday night to a joint session of Congress, President Joe Biden said more than 6,000 words. But,11 in particular -- all part of a single sentence uttered toward the end of the speech, were the most important.
There are those words: "My fellow Americans, trickle-down, trickle-down economics has never worked." With that simple sentence, Biden sought to officially close the book on the dominant economic theory of the last 40ish years: That success by affluent people at the top of the economy would, eventually, trickle down to the average American. It's been the theory behind every major tax cut pushed by Republican presidents since Ronald Reagan -- including Donald Trump's 2017 cut -- and is so closely associated with our 40th president that the economic idea is known colloquially as "Reaganomics."President Joe Biden is expected to announce an executive order as early as Tuesday that would effectively shut down the US-Mexico border to asylum-seekers crossing illegally when a daily threshold of crossings is exceeded – a sweeping and controversial proposal that is likely to receive fierce pushback from progressives and immigration advocates.
In the days and weeks leading up Hunter Biden’s trial on felony gun charges, President Joe Biden made little attempt to distance himself from his son. Instead, Hunter Biden was seen at the White House and in Delaware at his father’s side amid what the president’s allies acknowledge is a difficult moment for both men.