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Biden touts record job growth and economic recovery


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Biden touts record job growth and economic recovery
In a recent government meeting, President Biden highlighted significant economic achievements during his administration, noting a drop in unemployment rates to between 4% and 4.1%, and the creation of 16 million jobs since taking office. He emphasized that this marks the highest number of jobs created in a single presidential term in U.S. history. The President also reported a 10% growth in GDP and the lowest unemployment levels in 50 years, while inflation has decreased, and wages have risen faster than prices.

Biden addressed concerns regarding the authenticity of job numbers, dismissing claims from Florida Senator Marco Rubio that the figures are \"fake.\" He asserted that the job statistics are legitimate and reflect the strength of the U.S. economy, which he described as the strongest in the world.

The President also discussed ongoing economic challenges, including the need for affordable housing and lowering prescription drug costs through Medicare negotiations, which have reportedly saved taxpayers $1 billion. He acknowledged the financial implications of recent hurricanes and indicated that he may seek additional funding from Congress to address these unforeseen costs.

On international matters, Biden responded to questions about Israel's potential military actions against Iran, stating that while Israel has the right to defend itself, it should be cautious about civilian casualties. He confirmed that U.S. officials are in constant communication with Israeli counterparts regarding the situation.

As the upcoming elections approach, Biden expressed confidence in the electoral process being free and fair, though he voiced concerns about potential unrest, referencing former President Trump's rhetoric surrounding election outcomes. He reiterated the importance of maintaining security and stability in the lead-up to the elections.

Overall, the meeting underscored the administration's focus on economic recovery, international diplomacy, and the importance of a peaceful electoral process amidst various domestic and global challenges.

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