By standard measures such as job and GDP growth and the stock market, the US economy was in excellent shape

Summary

Donald Trump claims he inherited an economic disaster from Joe Biden, but key economic data contradicts him.

When Biden left office, unemployment was 4.1%, inflation had dropped to 2.9%, and GDP growth was strong. Job growth under Biden outpaced Trump’s tenure, and manufacturing saw major gains.

While inflation spiked due to global events, the economy remained resilient. Wall Street performed well under Biden but has struggled under Trump’s tariff policies.

Economists widely reject Trump’s narrative, calling Biden’s economy one of the strongest post-pandemic recoveries.

  • Voroxpete
    268·
    13 hours ago

    This is the right question to be asking.

    While Trump has no business claiming that he’s better at handling thy economy than literally anyone, this constant defense from the centre-left that “Actually the economy was great under Biden” is asinine and stupid. The economy under Biden was only great for the wealthy. For a lot of people life got steadily more expensive. That’s not a sign of a healthy economy.