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.

  • @halcyoncmdr
    link
    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.