Bidenomics: Strong Job Market Raises Concerns of Inflation

Reported 6 months ago

The strong job market under President Biden's administration, with the creation of 15.6 million jobs since he took office, has led to concerns over inflation due to increased demand for goods and services. Despite positive economic indicators like a 4.1% rise in real income and a 3.4% inflation rate, voters are focused on rising prices and stagnant approval ratings. While falling oil and gas prices offer some relief, concerns persist about the sustainability of the current economic growth and the potential impact on the upcoming elections.

Source: YAHOO

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