The upcoming 47th president of the United States will inherit a strong economy, with consistent growth in economic output, low unemployment, and decreasing inflation. Despite lingering concerns about the pandemic and inflation, consumer confidence is growing with rising pay raises outpacing inflation. However, essential expenses like childcare and homeowners insurance remain high, affecting many households. Both Vice President Kamala Harris and former President Donald Trump are focusing on economic issues in their campaigns, with voters ultimately deciding the outcome. The economy will continue to provide support to the incoming president, regardless of who wins the election.
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