18/10/2024
As the countdown continues, I'm increasingly concerned that US voters choose wisely, and my friends know what that means. To reinforce the wisdom of choosing BLUE, here's Heather Cox Richardson again with impeccable observations.
"When he took office in January 2021, with democracy under siege from autocratic governments abroad and an authoritarian movement at home, President Joe Biden set out to prove that democracy could deliver for the ordinary people who had lost faith in it. The click-to-cancel rule is an illustration of an obvious and long-overdue protection, but it is only one of many ways—$35 insulin, new bridges, loan forgiveness, higher wages, good jobs—in which policies designed to benefit ordinary people have demonstrated that a democratic government can improve lives.
When Secretary of the Treasury Janet Yellen spoke to the Council on Foreign Relations yesterday, she noted that the administration “has driven a historic economic recovery” with strong growth, very low unemployment rates, and inflation returning to normal. Now it is focused on lowering costs for families and expanding the economy while reducing inequality. That strong economy at home is helping to power the global economy, Yellen noted, and the U.S. has been working to strengthen that economy by reinforcing global policies, investments, and institutions that reinforce economic stability.
'Over the past four years, the world has been through a lot', Yellen said, 'from a once-in-a-century pandemic, to the largest land war in Europe since World War II, to increasingly frequent and severe climate disasters. This has only underlined that we are all in it together. America’s economic well-being depends on the world’s, and America’s economic leadership is key to global prosperity and security'. She warned against isolationism that would undermine such prosperity both at home and abroad."
I'm in Geneva to celebrate the extension to Africa of the Alumnae Network of Harvard Women that took place yesterday at World Trade Organization (WTO) headquarters. Discussing the theme "Unity without U niformity," we enjoyed a presentation plus Q & A by the Director General, Dr. Ngozi Okongo-Iweala, former Finance Minister of Nigeria. Here she is duly honored ...