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Re: “The truth about the Biden economy” [April 26, Opinion]:
The column misses the sentiment on the road. Most individuals don’t care about GDP or greater employment numbers when their pocketbook is affected.
It touches on the power of American firms. In the meantime, fuel costs are greater than the six-year common whereas oil corporations report document earnings. Grocery costs soar whereas grocery chains report document earnings. Elevating rates of interest to assist management inflation is sound in concept, but it surely has made it tougher for people to buy properties and automobiles.
Whereas the financial indicators within the column sound constructive, they’re problematic if banks, oil corporations, grocery chains and firms aren’t prepared to do their half to assist management inflation. At my fuel station, the value of fuel lately was $4.29. On the grocery retailer, breakfast cereal was $8 for 16 ounces.
These are the sorts of numbers that inform the true reality in regards to the financial system. These are the numbers that individuals care about. These are the numbers that can have an effect on the vote.
Keith Jonasson, Belfair
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