Live Update From the Liveblog of
Friday, March 8, 2024
Biden says US economy ‘envy of the world’
US President Joe Biden touts the strength of the US economy during his State of the Union speech to Congress, pointing to the country’s post-pandemic recovery.
“Folks, I inherited an economy that was on the brink,” he tells the joint session of the House and Senate at the Capitol.
“Now our economy is literally the envy of the world. Fifteen million new jobs in just three years — a record. Unemployment is at 50-year lows,” he says.