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GOP senator SLAMS Biden's economic policies: 'Almost ran us into the ground on purpose'
Youtube· 2025-12-18 05:00
Economic Outlook - Economic optimism is expressed, with expectations for a strong year ahead, citing 4% growth in the second quarter and 3.5% growth in subsequent reports [9] - Federal jobs have decreased by approximately 270,000, which is viewed positively [9] - Gas prices have dropped below $2 per gallon in Alabama, marking a significant change since the previous administration [10] - Wages have reportedly increased almost every month during the current administration, contrasting with the previous administration where wages did not rise [11] Energy Sector - The price of wholesale West Texas crude is noted to be $55, down from $100 when the current administration took office, indicating a positive trend in energy prices [12] - The administration's focus on drilling permits and reduced regulations is highlighted as a factor contributing to economic improvement [13] Government Spending - Concerns are raised about excessive government spending, with a claim that $7 trillion more was spent than necessary, which has negatively impacted the economy [14]