The State of the US Economy: Fact vs. Perception

💰The Biden Administration claims to have created more than 14 million new jobs and increased wages for millions of Americans.

📊Consumer confidence is high, and consumer spending is at an all-time high.

📉A poll shows that a rising number of American voters are skeptical about the state of the economy, which is impacting Biden's approval ratings.

💸Inflation is a major concern for American voters, who are experiencing higher prices for groceries and gas.

🏦Mortgage interest rates are going down, providing some relief for American voters.

Has the Biden Administration created new jobs?

—Yes, the Biden Administration claims to have created more than 14 million new jobs.

Is consumer confidence high?

—Yes, consumer confidence is high, and consumer spending is at an all-time high.

What is the impact of rising inflation?

—Rising inflation is a concern for American voters and is impacting Biden's approval ratings.

Are Americans experiencing higher prices for groceries and gas?

—Yes, Americans are experiencing higher prices for groceries and gas.

Are mortgage interest rates going down?

—Yes, mortgage interest rates are going down, providing some relief for American voters.

00:00The Biden Administration claims that the US economy is on an upswing, with more jobs created and increased wages for Americans.

00:23Consumer confidence is high, and consumer spending is at an all-time high.

01:17A poll shows that a rising number of American voters are skeptical about the state of the economy, impacting Biden's approval ratings.

01:42Inflation is a major concern for American voters, impacting their daily expenses.

02:05Mortgage interest rates are going down, providing some relief for American voters.