Fox cable hosts are doing the job of the chair of the White House Council of Economic Advisers, Jared Bernstein, by admitting that the economy under President Biden is strong. Bernstein joins MSNBC’s Ali Velshi to discuss the latest “expectation-busting” jobs report.
It’s about jobs more than the stock market. The report says over 350k net jobs added in January (more than double expected) and unemployment has been below 4% for two consecutive years (not seen since the ‘60s). Plus inflation is quickly dropping and the administration is lowering costs on things where they can, putting more money in our pockets. It’s legitimately incredible what’s happened with the US economy since the pandemic nearly guaranteed a recession, according to Fox News.