Fox cable hosts are doing the job of the chair of the White House Council of Economic Advisers, Jared Bernstein, by admitting that the economy under President Biden is strong. Bernstein joins MSNBC’s Ali Velshi to discuss the latest “expectation-busting” jobs report.
Booming for who exactly?
Me?
Gas prices are below $3 here, only spent $91 on weekly groceries yesterday, and my high interest savings accounts are sitting around 4.75%
My property taxes went up 20% but that’s a local thing…
And I’ll toss this in here even though you’ll cry that it’s not a valid metric, but my retirement accounts are at a record high
Like, what more do you want??
House prices to contract down to a realistic level. Rent controls such that the price of rent is not higher than the price of a mortgage (which gives you ownership of a valuable asset, a tenancy does not).