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Higher consumer spending over the holiday season, real wage gains over the last nine months and a jump in consumer confidence point to a good start for 2024, said Jared Bernstein, chair of the White House Council of Economic Advisers on Sunday. Bernstein told "Fox News Sunday" that President Joe Biden would continue to focus on lowering costs for Americans if he won a second term in the November 2024 presidential election. "If you actually look at the trend in the economy . I think you see some real momentum getting us in a good start for the new year," Bernstein said.
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