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But the issue that most Americans have on their minds isthe economy more specifically, their personal financial situation.
Heres why thats unlikely and the one bill that will likely rise if Biden wins in November.
Will Inflation Continue?
While its difficult to feel that pinch in your pocketbook, its important to look at this logically.
As COVID-19 began to wane, many economists predicted a recession or at least a hard landing.
But the Biden administrations handling of the economy after this historic pandemic has been exemplary.
There was no recession or even a hard landing.
What About Taxes?
Former President Trump has promised even greater tax cuts for wealthy Americans and corporations.
There are two components here: the cost of cars in general and your auto insurance cost.
The other factor is your car insurance.
This is likely to continue to rise as natural disasters become more severe due to climate change.
Your gross income may increase as minimum wages,both state and federal, may increase.
Your disposable income may increase as well, as interest rates will likely come down while inflation stabilizes.
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