Economic Growth vs. Public Perception: A Pre-Election Analysis

As the U.S. economy shows a 2.8% GDP growth, a disconnect emerges between economic indicators and public sentiment. We explore how this resilient growth could influence voter behavior in the upcoming election. Additionally, we discuss the disappointing job growth of only 12,000 in October, the implications of rising mortgage rates, and the importance of economic freedom in shaping better living conditions. Join us for a comprehensive look at the current economic landscape and its impact on everyday Americans.

Sources:
https://www.sentinelsource.com/business/us-economic-growth-the-envy-of-the-world-except-the-us/article_c898a928-97ee-11ef-bf9d-7ffe1e19912e.html
https://www.foxbusiness.com/economy/us-jobs-report-october-2024
https://reason.com/?p=8302991
https://finance.yahoo.com/video/mortgage-rates-rise-strong-economic-203739857.html

Outline:
(00:00:00) Introduction
(00:00:40) US economic growth the envy of the world, except the US
(00:03:41) US economy added 12,000 jobs in October, well below economists' expectations
(00:06:31) Countries with economic freedom are far better off
(00:09:32) Mortgage rates rise on strong economic data ahead of the election