because of you all. 10 million. the unemployment rate is 3.7%, near record 50 year low. john and i understand. we need to make things in america for the first time in a long time, and we are. that means instead of shipping jobs overseas, we are shipping product overseas. i am serious. we have created so far 700,000 manufacturing jobs just in the last 20 months. 700,000. but for all of our progress, and by the way where the heck is it written? that we can t be the manufacturing capture of the world again, because we will be. we will be. and folks, look, a lot of families are still struggling. a lot of families are struggling. that is why i signed into law the inflation reduction act that is gonna reduce the cost of everyday things for families
the gdp results came out and the economy in fact is growing, in fact the economy grow at 2.6% last quarter and although it may not feel like for many people people s income went up last quarter more than inflation went up and enough growth, so economic growth is up, the price of inflation is down, real incomes are up and the price of gas is down. folks continue to spend but now at a more stable pace. businesses continue to invest in america, exports are up, we re making things in america and shipping things overseas instead of shipping jobs overseas. supply chains are running more smoothly helping companies build up inventories, my predecessor
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