Friday brings good economic news for the White House and the nation

In other economic news, Oil briefly bottomed today $97.78 per barrela day after President Joe Biden made the aggressive decision to release 1 million barrels of oil per day from US strategic reserves for the next six months.

“The magnitude of this release is unprecedented: the world has never had a release of oil reserves at this rate of 1 million per day for this duration,” the White House said in a statement. “This record release will provide a historic amount of supply to serve as a bridge until the end of the year when domestic production increases.”

Noteworthy graphics and tweets:




All of these economic gains matter because, overall, Americans still don’t feel good about the economy — a perception Democrats need to consider well into November.

Listen and subscribe to Daily Kos’ The Brief podcast with Markos Moulitsas and Kerry Eleveld

Previous Chinese stocks rise on stimulus hopes after weak economic data
Next US Labor Market Tightens as Unemployment Rate Falls to New Low Despite Payroll Failure By