Sprintcyclist wrote on Dec 18
th, 2023 at 1:22am:
Has done much better than I thought he would.
Overall, well done Mr President.
I think he has let professional experts do their job
Right you are, Sprint. Insofar as presidents have a say over the economy, the facts are in.
Not only did Sleepy Joe roll out the vaccines that saw an end to the state shutdowns, he has presided over an economic boom unimaginable even prior to covid.
GDP growth: upDoubled, actually, even compared to
pre-covid levels. Growth in two of Sleepy Joe's first four quarters hit a 7% annual rate.
Employment: way upBiden has seen the labor market surge, with monthly job growth averaging 470,000 positions since he took office.
Workforce participation: up even furtherThe prime-age labor-force participation rate, however, is now just above prepandemic levels and surpassing any of the benchmarks hit during the Trump years.
And the stock market: through the roof Under Sleepy Joe, the S&P 500 gained 8.5% during the comparable time span.
https://www.barrons.com/articles/trump-vs-biden-economy-ec8ff89aThis has led to inflation, and that has led to a rise in interest rates.Those two things are the only real economic measures that have gotten worse during Sleepy Joe's time in office.
The rise in government spending has only just started to plateau, but it continued on
exactly the same trajectory that started when the previous prez signed in the GOP's tax cuts.
We're talking three years here, SJ has another year in office to go, but a look at the facts shows things have only gotten better since the voters dumped the guy with the red hair dye and all those enemies.
Ever get the feeling you've been
farmed?