The Truth About the Economy Under President Biden

TLDRDespite Republican claims, the economy under President Biden is thriving, with low unemployment, rising wages, and lower prices. Republicans spread disinformation and blame Biden for everything, but the facts speak for themselves. Bidenomics is about building an economy from the middle out and the bottom up, and it's working.

Key insights

💰The economy is in good shape under President Biden, with low unemployment, rising wages, and slower inflation.

📈Holiday spending and travel are expected to hit new records, indicating consumer confidence and economic growth.

📉Gas prices and airfares have decreased compared to last year, providing relief for consumers.

🛒The cost of Thanksgiving dinner and other consumer goods is lower this year, allowing families to save more.

🎁Discounts and sales are expected, making holiday shopping more affordable for consumers.

Q&A

Is the economy in a recession under President Biden?

No, the economy is thriving under President Biden, with low unemployment, rising wages, and slower inflation.

Are gas prices higher under President Biden?

No, gas prices have actually decreased compared to last year, providing relief for consumers.

Are holiday prices higher this year?

No, the cost of Thanksgiving dinner and other consumer goods is lower this year, allowing families to save more.

Is holiday spending expected to decrease?

No, holiday spending is expected to hit a new record, indicating consumer confidence and economic growth.

Are there discounts and sales for holiday shopping?

Yes, retailers are expected to offer discounts and sales, making holiday shopping more affordable for consumers.

Timestamped Summary

00:00Republicans spread disinformation about the economy under President Biden, blaming him for everything.

02:40The economy under President Biden is thriving, with low unemployment, rising wages, and slower inflation.

05:00Gas prices and airfares have decreased compared to last year, providing relief for consumers.

07:40The cost of Thanksgiving dinner and other consumer goods is lower this year, allowing families to save more.

09:50Holiday spending is expected to hit a new record, indicating consumer confidence and economic growth.

11:00Retailers are expected to offer discounts and sales, making holiday shopping more affordable for consumers.