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.

  • FuglyDuck@lemmy.world
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    18 days ago

    ‘Than Ever’

    dude was a senator starting at 1972.

    he’s been an active participant in this

    Sure, a massive disaster caused by trump et all fucking things up was recovered from. But that’s not really Biden’s doing, except in the most ephemeral of senses