In 2023, President Joe Biden’s favorability is declining, particularly regarding economic policy.
Despite touting job creation, the actual job market is not as positive as claimed.
“President Biden likes to talk about ‘jobs, jobs, jobs’ when touting his economic record,” the Wall Street Journal wrote. (Trending: Joe Biden Emailed Hunter’s Business Associates 54 Times)
“The problem is that voters are far more worried about prices, prices, prices.”
Much of the job growth is in government and healthcare sectors, raising concerns about the health of the market economy.
Healthcare spending is disproportionately high compared to other developed nations, and private-sector wage growth remains stagnant.
The overall economic outlook is challenged by high costs, interest rates, and debt levels.
Biden’s focus on job creation is seen as an attempt to counter these challenges, but for many Americans, especially those outside government or healthcare, the labor market presents concerns rather than reasons to celebrate.