‘That’s Bidenomics at work': White House eager to take credit for retail sales bounce
The White House eagerly took credit Wednesday for December's strong retail sales numbers, which beat expectations due to higher consumer spending during the holiday season. "That's not an accident, that's Bidenomics at work," Press Secretary Karine Jean-Pierre said at a press briefing. Holiday shoppers spent more than anticipated at the end of 2023, after a year of inflation continuing to squeeze budgets. Retail sales popped 0.6% in December, above the 0.4% Dow Jones projection. The Biden administration took credit for the optimistic report, playing it up like a feather in t