How the Economy Really Fared Under Biden and Trump – From Jobs to Inflation

by Derek Saul
Forbes

Topline The economy will be a hot-button topic during this week’s Democratic National Convention, with Democrats likely to emphasize the U.S.’ strong recovery during President Joe Biden’s term and the poor state of the labor market when Donald Trump left office—but the truth lies somewhere in between Trump and Democratic nominee Kamala Harris’ claims, as Trump and Biden navigated the unprecedented effects of the COVID-19 pandemic.

[…] News Peg Harris will formally accept her party’s presidential nomination at the DNC this week, after Biden ended his reelection bid amid pressure from the party over a shaky debate performance and low poll numbers. Harris’ ascension has reversed some of the party’s fortunes: One poll sponsored by The Financial Times showed voters trust Harris slightly more than Trump on the economy, 42% to 41%, a major reversal from Trump’s six-point edge over Biden last month (the margin of error is 3.1 points). Harris has campaigned partly on the Biden administration’s economic record even though voters have been skeptical of it in the past, touting the country’s recovery from the COVID-19 pandemic.

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