Today's data show inflation has fallen to 2.3%, similar to the level before the pandemic, while our economy has continued to expand by nearly 3% per year. After a hard-fought recovery, we are making progress for working families. Gas prices are close to $3.00 per gallon-the lowest for any Thanksgiving week since the pandemic-and the cost of a Thanksgiving meal has fallen two years in a row, providing needed relief during the holidays. Household incomes are up almost $4,000 more than prices during this Administration. Let's build on this progress and lower costs for key items like housing and medicine, and not squander it with sweeping policies that would raise prices for working families.
/Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).View in full here.