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Author: LurkerMom   😊 😞
Number: of 48466 
Subject: Re: The "Failing" Biden Economy
Date: 12/08/2023 10:32 AM
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While it all sounds good..
Meanwhile..following a cherry report..

“However, there is some worry that the end of Covid-era stimulus payments and the continued pressure from higher interest rates could eat into spending.

Net household wealth fell by about $1.3 trillion in the third quarter to about $151 trillion, owing largely to declines in the stock market, according to Fed data released this week. Household debt rose 2.5%, close to the pace where it has been for the past several quarters.

Fed officials have been watching wage data closely. Rising prices tend to feed into wages, potentially creating a spiral that can be difficult to control.”

https://www.cnbc.com/2023/12/08/jobs-report-novemb...

America’s attention though is focus on the Biden Crime Family bring more woe and worry to the dem party.
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