FACT!
The Biden-Harris economy ended strong in 2023.
- Inflation continued to fall and is down to 3.1%
- Real wage growth for the average American (adjusted for inflation) is up 6.6%
- Unemployment rate is historically low at 3.7%
- The economy exceeded expectations
- Consensus is that we’ve achieved a soft landing going into 2024
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Source: Steve Rattner, New York Times, The White House