• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
CommentaryThe Biden administration

Biden’s State of the Union–and the stories people from across the country are telling us–make the case for economic optimism

By
Sage Warner
Sage Warner
Down Arrow Button Icon
By
Sage Warner
Sage Warner
Down Arrow Button Icon
February 10, 2023, 9:29 AM ET
President Joe Biden delivers the State of the Union address on Feb. 7.
President Joe Biden delivers the State of the Union address on Feb. 7.Jacquelyn Martin-Pool - Getty Images

President Biden’s State of the Union address outlined the progress the U.S. has made on a multitude of fronts over the past two years. The president highlighted major economic legislation that he has signed into law to rebuild America’s crumbling infrastructure, boost domestic manufacturing and adoption of clean energy technologies, and lower costs for working families’ major expenses, like prescription drugs, health care, and utilities.

Despite these accomplishments, a poll released this weekend found just 36% of Americans believe Biden has accomplished a good or great amount as president. However, after the State of the Union speech, an exit poll found that 62% of Americans have a lot or some confidence that Biden will provide real leadership for the country. While some are branding the president’s address as his opening sales pitch for potential re-election, the policies he spoke about aren’t empty promises on a campaign trail.

The timeline of policy implementation for new programs can range from months to years, so communities may not always experience benefits right away. Though the president recognized the current realities of economic hardship, Biden gave a preview of an economic hope that is bound to grow as investments begin to transform American lives. As these policies go into effect, more economic success stories will emerge.

The stories that real people volunteer to the Center for American Progress show just how transformative and significant these policies are. For instance, Americans have already saved thousands of dollars on health care costs, including through a $35 cap on insulin costs for Medicare beneficiaries. That’s life-changing for people like Robin, a senior who still works part-time because she’s been paying for insulin priced at $1,800 a month. Others, like Bernetha, who began forgoing prescriptions for her chronic illness because she couldn’t afford them, are eagerly anticipating other policy successes that are yet to go into effect–such as the $2,000 out-of-pocket maximum for Medicare beneficiaries’ prescription drug spending. Thanks to those savings, she will not only be able to fill her prescriptions, but also start her overdue retirement.

Investments in America’s infrastructure have given municipalities tools to modernize and expand economic opportunities. In Chickasaw Nation land, Oklahoma, Kandie’s internet bill dropped from $100 to $24 a month because of Biden’s internet affordability program. Meanwhile, in Cochise County, Arizona, Mignonne’s organization opened a new telehealth hub for rural community members because fiber optic cables connected the facility to the wider broadband grid.

America’s investment in clean energy aim to create 1 million new jobs in the U.S.–and some experts predict that the actual number could be significantly higher. It’s brought hope to people like Jacob, a third-generation boilermaker in Arizona. He sees the new Southwest regional hydrogen hub being built as the best avenue for boilermakers to transfer their skills, strengthen union membership, and predicts 240 new boilermakers will be hired there because of the president’s plan.

President Biden has presided over a successful series of legislative accomplishments in an economy that is doing well by the numbers. The unemployment rate is the lowest it’s been in 54 years–since 1969. Americans have created more small businesses in the last two years than in any two-year span on record. Annual inflation is down six months in a row. These numbers mean more when people can feel the effects in their everyday lives. While not all Americans are familiar with Biden’s agenda now, it will significantly transform their lives in the coming years.

Sage Warner is the Stories Director at Center for American Progress and Action Fund. She is currently completing her MPH at Johns Hopkins Bloomberg School of Public Health with a focus in Policy and Management. For more information on the Stories program, click here.

The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune.

More must-read commentary published by Fortune:

  • A soft landing is playing out—but optimism needs to be for the right reasons
  • People are much less likely to trust the medical system if they are from an ethnic minority, have disabilities, or identify as LGBTQ+, according to a first-of-its-kind study by Sanofi
  • The U.S. has thwarted Putin’s energy blackmail. Europe says ‘Tanks a lot!’
  • Once the ‘intellectual blood banks’ of the rich and powerful, can speechwriters be replaced with ChatGPT?

Learn how to navigate and strengthen trust in your business with The Trust Factor, a weekly newsletter examining what leaders need to succeed. Sign up here.

About the Author
By Sage Warner
See full bioRight Arrow Button Icon

Latest in Commentary

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Commentary

old
Commentaryaffordability
The American household just took an 81% margin cut. Wall Street hasn’t priced it in
By Katica RoyMay 2, 2026
4 hours ago
dario
CommentaryAnthropic
Anthropic’s most powerful AI model just exposed a crisis in corporate governance. Here’s the framework every CEO needs.
By Jeffrey Sonnenfeld, Stephen Henriques, Dan Kent and Holden LeeMay 2, 2026
5 hours ago
mackenzie
Commentaryphilanthropy
Stop donating to Harvard and the Ivy League. There’s a better option that MacKenzie Scott already figured out
By Ed Smith-LewisMay 2, 2026
7 hours ago
drinks
CommentaryFood and drink
We need a new way of thinking about drinking: Time to replace the ‘standard drink’ with advice people can actually use
By Justin KissingerMay 2, 2026
7 hours ago
pakistan
CommentaryIran
Asia is being hammered by the Iran conflict’s economic fallout. The U.S. has the playbook to help—and every reason to
By Wendy Cutler and Jane MellsopMay 2, 2026
8 hours ago
francis
CommentaryFlorida
Former Miami Mayor Francis Suarez: Why I’m joining Stephen Ross and Ken Griffin in betting big on ambitious business leaders
By Francis SuarezMay 1, 2026
1 day ago

Most Popular

Scott Bessent on financial literacy: 'it drives me crazy' to see young men in blue-collar construction jobs playing the lottery
Personal Finance
Scott Bessent on financial literacy: 'it drives me crazy' to see young men in blue-collar construction jobs playing the lottery
By Fatima Hussein and The Associated PressMay 1, 2026
1 day ago
China dominates the world's lithium supply. The U.S. just found 328 years' worth in its own backyard
North America
China dominates the world's lithium supply. The U.S. just found 328 years' worth in its own backyard
By Jake AngeloApril 30, 2026
2 days ago
Current price of oil as of May 1, 2026
Personal Finance
Current price of oil as of May 1, 2026
By Joseph HostetlerMay 1, 2026
1 day ago
A Chick-fil-A worker got fired and then showed up behind the register to allegedly refund himself over $80,000 in mac and cheese
Law
A Chick-fil-A worker got fired and then showed up behind the register to allegedly refund himself over $80,000 in mac and cheese
By Catherina GioinoMay 1, 2026
23 hours ago
The U.S. economy is booming — just not where 50 million Americans live
Commentary
The U.S. economy is booming — just not where 50 million Americans live
By Derek KilmerMay 1, 2026
1 day ago
Apple cofounder Ronald Wayne—whose stake would be worth up to $400 billion had he not sold it in 1976—says that at 91, he has no regrets
Success
Apple cofounder Ronald Wayne—whose stake would be worth up to $400 billion had he not sold it in 1976—says that at 91, he has no regrets
By Preston ForeApril 27, 2026
5 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.