Posted 3/18/2024, 1:04:09 PM
Americans Still Feeling Economic Pinch Under Biden Despite Some Positive Signs
- Americans are still feeling economic pain from high inflation and interest rates under Biden, despite his positive rhetoric
- Polls and markets predict Trump will beat Biden in 2024 election due to economic nostalgia
- Inflation remains high and sticky, keeping prices and mortgage rates elevated
- Wage growth slightly outpaces inflation recently, starting to pad Americans' budgets
- If wage growth persists, Biden could argue sticking with him is better for Americans' future finances