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Trump and his administration claimed credit for much of the economic success during his presidency, including the booming economy ahead of the pandemic-induced shutdowns and recession. How does the Trump economy compare to prior US presidents? Here are 10 different economic metrics with charts showing progress over the course of each presidency. Donald Trump said during the first US presidential debate with Joe Biden that his administration “built the greatest economy in history,” a statement he has often made to support his case for a... Trump’s best case: inflation, wage growth, gasoline prices. Biden and Trump have dueling messages on inflation, which peaked north of 9% in summer 2022. Economists generally blame pandemic-era... The Trump economy’s annualized growth rate of 1.4% over his full term is weaker, though that includes 2020’s COVID-19 shock, while Biden-led growth is concentrated in 2021 at 5.9%, slowing to ... During his first three years in office, President Trump oversaw an annual average growth of 2.5%. The last three years of the Obama administration saw a similar level of growth (2.3%). During Trump's first three years in office, the number of Americans without health insurance increased by 4.6 million (16%), [8][9] while his tax cuts favored the top earners, failed to deliver on its promises [10] and worsened income inequality. Economic growth during the Trump administration was the slowest in modern history. The U.S. economy shrank by 3.5% in 2020— substantially more than during the Great Recession. Before the pandemic, Trump had shaped the American economy in ways that reflected his worldview — a go-it-alone, America-first outlook on trade, a hands-off approach to corporate operations...

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