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.

  • HubertManne@moist.catsweat.com
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    24 days ago

    capitalism is a spectrum and if your going to have it either way (like in an election with no other canidates) you should go with the one thats more socialist even if by a bit.

    • jagged_circle@feddit.nl
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      24 days ago

      Who said anything about voting? I’m didn’t say someone shouldn’t vote for Bidin. I did say that Biden is an asshole with blood on his hands.