Biden argues the economy has turned the corner on inflation. Trump, who leads former South Carolina Gov. Nikki Haley comfortably, counters that residual inflation continues to inflict economic... Feb. 12, 2021. The Trump Presidency: A Final Economic Scorecard. President Donald Trump inherited the longest economic expansion in U.S. history from President Barack Obama. His two signature economic policies—the 2017 tax cuts and the trade war with China—hurt American workers and families. Americans have consistently given Trump better marks on the economy than Biden—to the frustration of Biden’s advisers, who complain the president hasn’t gotten the credit he deserves. 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. Biden’s economy vs. Trump’s, in 12 charts. Both presidents tout their contributions on the U.S. economy ahead of the 2024 election. But how do their claims stack up? 10 min. By Abha... The Biden economy rode a pandemic-era consumer spending boom; Trump’s economy saw slightly larger average contributions from business investment. Trump made tax cuts a centerpiece of his... President Trump claims he has been responsible for the strongest US economy ever. What do the numbers show? The US election capped almost four years of tumult for the world’s largest economy on Tuesday as President Donald Trump secured a $1.7tn tax cut, launched trade wars around the world, and then... Multiple studies have shown that the Trump tariffs at best had a neutral effect on the economy and at worst cost America hundreds of thousands of jobs and higher prices for consumers.
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