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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Sdgla who wrote (1453569)4/23/2024 9:16:06 PM
From: Wharf Rat3 Recommendations

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Data Don’t Lie: Biden’s Economic Record is Much Better than Trump’s | Washington Monthly

The most basic measure of the economy is how much it grows. The official data from the Bureau of Economic Analysis (BEA) are clear: After inflation, real GDP has grown at a 3.4 average annual rate since Biden became president, while Trump trails badly at an average 1.8 percent growth. Trump allies aren’t wrong when they complain that the 2020 downturn wasn’t his fault, so we’ll give him a pass for the year. The result still shows more robust growth under Biden: From 2017 to 2019, the economy grew an average of 2.8 percent per year, a rate still 18 percent slower than under Biden.