Summary
President Joe Biden highlighted his administration’s economic record, citing consistent job growth and a 2.7% inflation rate drop from its 2022 peak.
December’s jobs report showed 256,000 new jobs and declining unemployment, signaling steady economic growth.
However, inflation remains above the Federal Reserve’s 2% target, and interest rates remain high, impacting homebuyers and businesses.
Public pessimism lingers on affordability as Biden passes a largely strong economy to his successor, Donald Trump.
Doesn’t matter, when Trump wrecks the economy he will say that he inherited the worst economy ever from Biden.
Recks what 🤦 we are in bottom
Someone should build a site that tracks all these metrics and promises from now on.
We’re all getting cheaper gas, electricity, and groceries right? RIGHT?!