Forbes > Business
How The Economy Really Fared Under Biden And Trump–From Jobs To Inflation
Aug 19, 2024
"Stocks performed better under Trump
Inflation has been far worse during the Biden administration
Perhaps Trump’s most impressive labor market feats were unemployment declining from 4.7% to as low as 3.5% in late 2019 and early 2020, which tied its lowest level since 1969 and wages growing by an inflation-beating 15% over his four-year term.
Consumer sentiment was lower last month than it ever was under Trump
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.
The economy is the top issue named by voters ahead of the November presidential election
Research also indicates Americans had more belief in Trump than Biden to oversee the economy, with Biden earning the lowest confidence to do the right thing for the economy of any president since George W. Bush in 2008 amid the Great Recession"
https://www.forbes.com/sites/dereksaul/2024/08/19/how-the-economy-really-fared-under-biden-and-trumpfrom-jobs-to-inflation/
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