The inflation is high - the price of groceries has gone up, and the cost of insurance and interest are all up. But an average American has seen his or her worth skyrocket in the last four years. Look at the equity on your homes and tell me what it is worth - many have seen between 20 to 200% increase in equity on their homes. Even your old cars have increased in value. Because this is not liquid cash, many do not see this as a value that they have gained under Biden...
Perhaps, Biden should have done better. They spent too much money, gave money to people who did not need it... The spending started under Trump though but Biden did not do enough to check all the leakages... He was so concerned about the soft landing of the economy that he overspent...
If the current policies were not implemented, there would have been another recession in the scale of 2008. This was predicted across the board.
What many also do not think about is that unemployment is at a record low in the last four years, the lowest in half a century, better than under Obama or early stages of Trump. The highest number of jobs created by any president in American history. The report out today is that the US economy grew by 2.8% in the last quarter. People in other Western nations like the UK, France, and Germany envy Americans with how we handled the economy post-pandemic because they came out worse than us here. Biden may not be seen as a hero of the economy post the worst pandemic in over a hundred years, but history will see him as one.
That economy is growing now. If Trump wins, he will take credit for inheriting a growing economy... Bill Clinton handed a budget surplus to Bush Jr. from a horrible economy from Bush Sr. Obama handed Trump a fantastic economy from one losing 800,000 jobs daily he took from Bush Jr... Republican economic policies have never helped Americans or grow their worth. The metrics in the last 30 years tell us so. A government that focuses on the middle class will grow the economy. The one that focuses on the rich will lead to ruin in the long....
Choose wisely on November 5.
I just came back from Nigeria . I traversed the length and breadth of the nation a bit in my three-week stay. Something is different about the country compared to when I visited last year.... The people are more desperate... Hunger has increased astronomically.... The gap between the haves and have-nots has further widened... You feel impunity in the air... You see police collecting bribes openly like we have not seen since the Shagari era in 1983... There are more law enforcement agents on the roads now, yet the crime rate has not abated... You see VIO , Road Safety, State Law enforcers, the Police, everywhere mounting illegal roadblocks... I heard things from those close to the seat of power about those who hold the reins of power, and I weep for Nigeria - it is beyond disheartening... Projects are being abandoned because a significant portion has been given as bribes to government officials like governors and ministers, including major monarchs - they all collect money for projects...
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