Black Friday Spending Rises But Shoppers Still Feeling Economic Pinch
• Black Friday spending was up 7.5% from 2022, but much of it was financed through "buy now, pay later" options as people struggle with inflation.
• The White House is using the Black Friday data to paint a rosy picture of the economy, but polling shows people still feel economic pain.
• Nearly 60% of Americans are living paycheck to paycheck, with inflation hitting food and gas especially hard.
• The administration is working with Big Tech and social media to counter economic "misinformation" and push positive Biden narratives.
• Voters see the economy as a top issue for 2024, so the Biden team is aggressively trying to manipulate perceptions of economic conditions.