Posted on 12/21/2023 6:02:12 AM PST by ChicagoConservative27
On Wednesday’s broadcast of “CNN This Morning,” White House National Economic Council Director Lael Brainard argued that the economy is better off than it was before, but home affordability challenges are still “very great,” and that people are also upset about healthcare costs and junk fees.
After Brainard stated that the economy is better off than it was a year ago, two years ago, and three years ago, co-host Poppy Harlow asked about people who feel Bidenomics isn’t working, especially on housing prices. Brainard responded, “We are very focused on a few areas where affordability is still a challenge for many families. Housing is one of those areas where people who already have homes — and that percentage has actually increased a great deal over the last few years — they are feeling pretty good. But people who are not able yet to purchase homes, looking at high mortgage rates is a real challenge. We’ve seen the mortgage rate come down by about 1.5 percentage points just in recent weeks, but even so, the affordability challenge is very great, and, as you said, on the most affordable housing, we have a real supply shortfall. And so, the president is going to keep pushing for a set of policies that would go a long way in creating a much more affordable home supply through low-income housing tax credits, affordable tax credits, and down payment assistance.”
(Excerpt) Read more at breitbart.com ...
:”Life has become gayer, comrades; life has become more joyous,” Josef Stalin.
wesleyan and harvard
Why do the DemocRATS blame all their lies on “da White House?”
The White House can say whatever they want, but Americans know it’s baloney whenever they go to the grocery store or fill up their gas tank. In the immortal words of another failed President, there’s a general malaise covering this country.
“Lael Brainard argued that the economy is better off than it was before”
Before what?
Before the wheel...
Spot on and the slow ones think it’s a good thing.
Frankly they don’t need to know who’s going to get elected in the Primary. They just have to “harvest” the ballots they need at three in the morning.....Again.
Things are getting close to under Jimmy Carter.
Lets hope it never gets that bad again.
Liars.
Even breathing will become illegal.
UNDER COVID:
4 X 8 sheet of everyday plywood went from $8 per sheet to over $64 per sheet.
My 401k is only down $100k from the original $250k loss from Diaper Joe’s economy.
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