What Americans do care about, according to public opinion surveys, is the economy. And they, by and large, believe the nation is still struggling. If the nation is bouncing back, they're not feeling it yet.Mr Biden's speech was a high-profile effort to change their minds and, in doing so, boost his chances of re-election.He spoke about record-low unemployment. He said that inflation and high energy prices, which have been a lead weight on his approval ratings for the past 18 months, are now declining. And he discussed all the ways his legislative accomplishments to date will help improve the nation's industrial base.

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