US Economy and Cost of Living

SOURCE www.npr.org
US economy performing well but high cost of living causing frustration among Americans. President-elect Donald Trump set to address soaring prices for food, housing, and necessities.

Key Points

  • US economy performing well overall
  • Many Americans frustrated by high cost of living despite economic growth
  • President-elect Donald Trump to address rising prices and inflation

Pros

  • US economy performing well with 2 million jobs added and low unemployment rates
  • Gasoline prices below $3 a gallon in much of the country

Cons

  • High cost of living causing frustration among many Americans
  • Soaring prices for food, housing, and other necessities overshadowing economic rebound