President Biden touted his economic achievements during his State of the Union address, but Americans across the country were divided over how their finances fared two years into his term.
“If I hadn’t worked at a restaurant, I don’t think I could afford to eat,” Romero, a Washington state resident, told Fox News.
He said the cost of living was “absurdly high” and the rent was “amazing”.
But Nashville’s Michael said his financial situation has improved.
““I’m making more money than I was three years ago,” he said.
Americans share how their financial situation has changed under President Biden.
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A recent Fox News poll reported that 61% of registered voters opposed Biden’s economic policies. Additionally, 45% of his respondents said: economy is bad On the other hand, 35% answered “fair”.
“We are building an economy where no one is left behind,” Biden said in his State of the Union address on Tuesday. I came.”
Bellingham, Wash. Laura doesn’t feel in a better position than she did before Biden took office.
“It’s certainly gotten worse, but I’m still playing a role of privilege,” she told Fox News. I am very lucky.”
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Laura said she’s financially worsening under President Biden. (Fox News Digital / Hannah Ray Lambert)
But Mr. Rich, who lives in Washington, D.C., said, “If you look closely, jobs have increased significantly, inflation has fallen, corporate earnings have risen significantly, and wages have risen.”
“Yes, I think the economy is doing better overall, but most people don’t seem to think so,” he continued.
US employer Added 517,000 jobs The unemployment rate has fallen to 3.4%, the lowest since 1969, according to the Labor Department. But some economists warn that the labor force participation rate is still below pre-pandemic levels. Report shows promise For sectors hit hard by the pandemic.
FOX News poll: State of the UN is dysfunctional, dissatisfied and disapproved
Joe Biden talks about progress on his administration’s economic policies. (Andrew Caballero-Reynolds/AFP via Getty Images)
Meanwhile, some Americans told Fox News that they are preparing for the difficult times ahead.
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“I’m a little smarter and more thrifty,” said Paula of Austin.
The Nashville man said, “Things are more expensive, and I think it just drives us into a deeper hole.
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Hannah Ray Lambert reported from Bellingham, Washington. Megan Myers in Washington DC. Gabriel Reyes from Austin. Tenney Sahakian of Nashville.
