Economy is ‘heading in the right direction’ in 2024: White House

Economy is ‘heading in the right direction’ in 2024: White House

January 02, 2024 12:07 PM

The White House began the new year Tuesday by touting President Joe Biden‘s economic record despite a majority of people voicing displeasure with the president’s economic stewardship in a slew of recent polls.

Nonetheless, the Biden administration does have a number of positive economic indicators to point to heading into 2024, including a historically strong labor market and gradually slowing inflation.

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“We’re headed in the right direction as it relates to the economy,” White House press secretary Karine Jean-Pierre said of those positive trends during a Tuesday interview on MSNBC. “We pay attention to the data that showed consumer confidence was up, right, that showed that 14 million — more than 14 million jobs were created. We saw unemployment at under 4% for 22 months. Those things matter.”

Jean-Pierre noted how Biden continues to reiterate that “the job is not done” and that the White House knows it needs “to do more” to continue lowering costs for families across the United States. She said that further implementation of Biden’s past legislative victories, including the bipartisan infrastructure law and the CHIPS and Science Act, will result in additional savings for households.

“As we move forward into 2024, the president’s priority, as well as lowering costs for the American people, is going to make sure that we implement, we implement those pieces of legislation,” she continued. “I think that’s how we deal with whatever may come our way, is making sure that we’re moving forward in implementing those key pieces of legislation.”

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Jean-Pierre also flipped an attack on Republican lawmakers, who are planning to move forward with an impeachment inquiry regarding the president’s family members and their business dealings as opposed to working with Democrats and the White House to pass additional bipartisan legislation.

“I just talked about the Unity agenda. There’s a lot of ways that we can work with Congress instead of them going after the president’s family,” she said. “They should really truly, truly focus on the American family.”

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