4 months ago
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On Thursday, President Joe Biden was in Wisconsin to announce nearly $5 billion in new infrastructure spending as a result of the infrastructure bill he signed in 2021. The legislation is responsible for more than 44,000 projects in all 50 states. And no matter how many times Republicans try to take credit for a bill they almost all voted against, these improvements and the jobs they bring are all due to Biden and the Democrats who pushed it through in the House and Senate.
Also on Thursday, the Commerce Department stunned pundits by reporting that the United States’ GDP growth in the final quarter of 2023 was a shockingly good 3.3%. Despite predictions of a recession that seem to have been repeated every quarter for the past two years, growth is strong and shows no signs of slacking. Under Biden, America has surged out of the recession created by Donald Trump’s mishandling of the pandemic and has emerged with an economy that even Fox News can’t stop gushing about.
As more bridges go up and the national economy booms, the nation just keeps adding more new jobs, including 216,000 in December. Overall, the economy added 2.7 million jobs in 2023, keeping the unemployment rate at just 3.7%. That’s down from a pandemic-induced peak of 14.8% under Trump.
And that is just the start of the good news.
