Biden’s economic legacy: Historic wage gains, investment and job growth but marred by inflation

Biden’s economic legacy: Historic wage gains, investment and job growth but marred by inflation

From edition.cnn.com

President Joe Biden will leave the White House with a strong economy, historic gains in the job market, a foundation for future manufacturing growth, and having brought down decades-high inflation without triggering a recession. Those feats, economists say, are even more impressive considering the nation was deep in the throes of a deadly, economy-scarring pandemic when Biden took office. His legacy will also include higher national debt, a wider trade deficit and steeper costs for housing, health care, higher education and child care. “[The $36 trillion national debt] is a significant burden for future economic ... (full story)

Comments / Top
Subscribe

Jan 19, 2025 9:44pm — Edited

Quoting tommbstone

Disliked

Carter had to live long enough to lose worst president in history. I would argue Obama was no peach. All the jobs went to illegals so not sure what he's talking about. I remember when King Obummer was in charge, and they stopped counting the unemployed who had given up finding jobs because there was none. Then Trump came in and jobs came back. I got a 120k job after 5 years of not finding work. (thank God for trading) then joe comes in and bam I'm out of a job. Trump is back and I got a 50k job but at least I found something.

Ignored

Born in 67' so as a young boy in the late 70s my family suffered horribly financially from the Carter fiasco.

But yes, Obozo's hypocritcal, poisonous ideology fractured our society almost beyond repair.

After Micah Johnson, a black man, executed 5 white Texas police officers from a rooftop in 2016, Obama stated, and I quote, "I don't condone what he did, BUT I UNDERSTAND WHY HE DID IT"

The most divisive president in Amercian history.

https://www.nytimes.com/2016/07/09/u...-shooting.html

Expo33

Jan 19, 2025 8:32pm

Permalink

His legacy: Worst president since Jimmy Carter.

The difference

Biden is a liar and a crook who enriched his family and did nothing for his country

Jimmy Carter was an honest, decent man who enriched society with decades of charitable work

Jan 19, 2025 4:44pm

More CNN woke crap.

Jan 19, 2025 8:56pm

Carter had to live long enough to lose worst president in history. I would argue Obama was no peach.

All the jobs went to illegals so not sure what he's talking about.

I remember when King Obummer was in charge, and they stopped counting the unemployed who had given up finding jobs because there was none. Then Trump came in and jobs came back. I got a 120k job after 5 years of not finding work. (thank God for trading) then joe comes in and bam I'm out of a job. Trump is back and I got a 50k job but at least I found something.