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@lemmy.world
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      19 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.

      • Kaboom@reddthat.com
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        19 days ago

        Yup, California banned prescribed burning, and now they have bad wild fires every year.

  • FuglyDuck@lemmy.world
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    19 days ago

    ‘Than Ever’

    dude was a senator starting at 1972.

    he’s been an active participant in this

    Sure, a massive disaster caused by trump et all fucking things up was recovered from. But that’s not really Biden’s doing, except in the most ephemeral of senses