Any additional money made by workers was wiped out by inflation and we are at a bigger loss. Name one policy of this dementia patient that slowed down the inflation he caused, just one. Crashed our economy during covid? The US had the lowest GDP damage of all G7 countries outside of China, and the only reason for that is they created the virus and kept it to themselves giving them a head start on fighting it. Commie cities closing down was the only real damage we sustained.
As for the unemployment rate that's due to the labor shortage he also created. Of course unemployment is low because we don't have enough workers to make the products and get the services we need.
Key points
- Americans are saving much less money in recent months.
- This could leave them vulnerable to emergency expenses.
- It could also be bad news for the economy as a whole.
This Is the Most Troubling News in Years About Americans' Savings Accounts
Americans had been saving more during the pandemic -- but that trend has sadly reversed. Read on to find out what happened.www.fool.com
Bloomberg - Are you a robot?
www.bloomberg.com
Biden was not President when the pandemic began. Republican governors also shut down their economy. Governors who responded responsibly were rewarded. Republican Sununu in NH and Democrat Whitmer in Michigan. No one created the virus. Enough with the conspiracy theories.
Biden is not responsible for any labor shortages. Some people retired. Others got sick of being disrespected by companies. We need more workers in this country which means that we need more immigration.
