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.

  • rigatti@lemmy.world
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    2 months ago

    How did you expect him to get any meaningful climate policies through the Republicans in Congress?

      • HubertManne@moist.catsweat.com
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        2 months ago

        yeah four more years of trump would have had us much better off like we will be four years from now. good is not good enough. we need worse.

          • HubertManne@moist.catsweat.com
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            2 months ago

            capitalism is a spectrum and if your going to have it either way (like in an election with no other canidates) you should go with the one thats more socialist even if by a bit.

            • jagged_circle@feddit.nl
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              2 months ago

              Who said anything about voting? I’m didn’t say someone shouldn’t vote for Bidin. I did say that Biden is an asshole with blood on his hands.