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.

  • @mydude
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    -53 days ago

    The state with the highest GDP in America is literally on fire on his way out…

    • @halcyoncmdr
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      English
      303 days ago

      To be fair… that State is on fire pretty regularly, the President has nothing to do with that, the shitty utilities not maintaining infrastructure properly are usually to blame.

    • @[email protected]
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      fedilink
      163 days ago

      Do you think the President is Smokey the Bear or something?

      Natural disaster! Must be that damn Biden’s fault! /s

      • @kreskin
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        11 day ago

        I blame him for the genocide but not the fires.