During a recent speech in Pennsylvania, President Biden touted the progress made in the economy under his administration. He emphasized that the economy, which was on the brink when he took office, is now thriving and the envy of the world. The President highlighted the creation of 15 million new jobs in just three years, a record in American history, and a 50-year low in unemployment rates.
President Biden also addressed the issue of manufacturing jobs, noting the addition of 800,000 new manufacturing jobs and expressing his vision for the U.S. to become the manufacturing capital of the world once again. He highlighted the increase in wages and the decrease in inflation rates, which dropped from 9% to 3% under his administration.