Posted 12/28/2023, 12:29:00 AM
Soaring Prices and Falling Jobs Overshadow Official Statistics for Many Americans
- People care more about jobs and prices than statistics like unemployment rate and inflation rate
- Total jobs are way down and many people have dropped out of the workforce
- Prices are up 17.7% since Biden took office, severely impacting people
- Recent GDP growth does not reflect that output levels are still low compared to pre-pandemic
- Mortgage rates have risen significantly, putting home ownership out of reach for many