Analysis of President Biden's Economic Policies

SOURCE www.breitbart.com
Economist Dr. Mohamed El-Erian expressed concerns about President Biden's economic policies, mentioning success in the job market but lack of security for average Americans due to rising prices and maxed-out credit cards.

Key Points

  • Average Americans are worried about prices and future wages.
  • Pandemic savings for many have turned negative.
  • Low-income households have maxed out their credit cards.

Pros

  • Job market success with 28 months of unemployment below 4%.

Cons

  • Lack of security for average Americans due to rising prices and maxed-out credit cards.