Trump says the economy ‘went to hell’ under Biden. The opposite is true
Trump says the economy ‘went to hell’ under Biden. The opposite is true
www.theguardian.com Trump says the economy ‘went to hell’ under Biden. The opposite is true
By standard measures such as job and GDP growth and the stock market, the US economy was in excellent shape
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Biden increased the national debt by 30% (+8.4 trillion, $25K+ per person) and had the highest inflation in 40 years.
The entire world suffered high inflation, an inevitable correction after Covid destroyed global supply chains. The US seems to have weathered it better than most.
And the richest 1% gained almost unimaginable amounts of wealth during the Biden administration. Ironically, they've lost some of that wealth during Trumps first months in office, due to Trumps trade wars.
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