Ten Charts That Explain the U.S. Economy in 2023:Charts 8 & 9: Women and Black Americans made historic gains.
Written by Black Hot Fire Network on December 28, 2023
The White House on a beautiful spring afternoon in Washington, DC. This is the home of the United States President.
The U.S. economy defied expectations this year. Many forecasters predicted a recession, some even asserting a “100%” probability of a recession. President Biden never believed that was necessary—and he was right.
Instead of a recession, inflation is down to 2% over the last six months, unemployment has stayed below 4% for 22 months in a row, and wages, wealth, and income are all higher now than they were before . . .
