As we look at the latest data, it is evident that inflation has eased to 2.3%, returning to pre-pandemic levels, while our economy has maintained a growth rate of almost 3% each year. This signifies significant progress for the well-being of working families. Gas prices are currently hovering around $3.00 per gallon, the lowest they have been for any Thanksgiving week since the pandemic began. Additionally, the cost of a Thanksgiving meal has decreased for the second consecutive year, offering some much-needed financial relief during the holiday season. Household incomes have seen a rise of nearly $4,000 more than the increase in prices under this Administration.
Let’s capitalize on this positive momentum by focusing on reducing expenses for essential items like housing and healthcare, rather than jeopardizing it with broad policies that could lead to higher costs for working families.
- Inflation has dropped to 2.3%, matching pre-pandemic levels.
- The economy continues to grow at a steady rate of almost 3% per year.
- Gas prices have hit a low of $3.00 per gallon, the cheapest since the start of the pandemic.
- The cost of a Thanksgiving meal has decreased for the second year in a row.
- Household incomes have risen by almost $4,000 more than prices during this Administration.
Maintaining this positive trajectory requires prudent decision-making and a focus on alleviating financial burdens for everyday Americans. Let’s push forward with policies that prioritize affordability and sustainability, safeguarding the progress we have achieved so far.
In conclusion, let us remain vigilant and strive to build upon the advancements made for working families by implementing targeted measures that enhance economic stability and reduce the cost of living. Together, we can ensure a brighter and more prosperous future for all.
