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.
Im sorry to be rude but you have no idea what you are talking about you dont even know what the bank of Japan is. The bank of Japan is the Japanese central bank that monitors and controls Japans monetary policy. Its nothing like wall street which is an american stock exchange.
Also Life expectancy has so many contributing factors you cannot point to it and say “it didnt go down therefore this change was good”.
Oh I’m sorry, the financial elite. Happy?
And yeah there are a lot of factors. But one pretty universal one is a functioning economy.
Financial elite? They aren’t the “financial elite” they are a bunch of economists that get paid shitty level government wages. The highest ranked person in the BOJ makes 220k USD a year.
If you think 220k is some small thing then you’re entirely disconnected from reality.
If you think the top person in a central bank of a country of 150million people making 220k is them being part of the financial elite is insane.