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.

  • SoftTeeth@lemmy.world
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    4 days ago

    The fact that he didn’t put Trump in prison for the crimes he was convicted of is the issue.

    It doesn’t matter how he avoided it, he did because that’s what his rich masters wanted