Summary

President Joe Biden touted his administration’s economic recovery efforts, citing job growth, reduced inflation, and infrastructure investments, as he prepares to hand off a strong economy to Donald Trump.

Biden criticized Trump’s proposed steep tariffs on imports, warning they could harm the economy and reintroduce inflation.

Trump plans tariffs against China, Mexico, and Canada, raising concerns about trade disruptions similar to those seen during his first term.

Economists caution that such policies could quickly reverse recent economic gains and weaken the U.S. economy.

  • ReallyActuallyFrankenstein@lemmynsfw.com
    link
    fedilink
    English
    arrow-up
    123
    arrow-down
    2
    ·
    2 days ago

    We’ve been doing this seesaw for the last 30 years. Republicans are that guy we’ve all seen at work who gets nothing done but gets credit for everyone else’s work, and fails up because of it.

    • bean@lemmy.world
      link
      fedilink
      arrow-up
      5
      ·
      19 hours ago

      What really irks me about this, is that the progression forward is then twice as slow because it’s two steps forward one step back, two steps forward one step back. This is not how to run a fucking country.