The US economy is doing well. President Biden wants to know why so many Americans are still feeling bad
The US economy is doing well. President Biden wants to know why so many Americans are still feeling bad
www.cnn.com The US economy is doing well. President Biden wants to know why so many Americans are still feeling bad | CNN Politics
By many metrics, the US economy is humming along. The jobs market is robust; consumers are spending again; and inflation has eased to a three-year low.
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Well. It's almost like wages haven't kept up with inflation for decades and this last sprint broke something. Just because we're not seeing 20% food price inflation now does not mean the prices magically dropped. They're still high, and wages still aren't enough to make up that difference.
A good job market is great news because you need 3 jobs just to have a place to live.
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