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Baner Club > Blog > Ecnomics > Does the US economy now perform worse than it did under Trump?
EcnomicsPoliticsUnited States

Does the US economy now perform worse than it did under Trump?

A recurring subject in the US presidential campaign has been which candidate's economic performance was superior, Joe Biden or Donald Trump?

Last updated: 2024/09/03 at 9:04 AM
Published September 3, 2024
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According to a number of metrics, Democratic Vice-President Kamala Harris’s economy is the best in the world.
As a previous president and Republican nominee, Trump claims to have built the “greatest economy in the history of our country” and that the Biden-Harris government has destroyed it.
To compare the economic success of the two presidencies, we have examined a few important metrics.

US economic expansion.
Both presidents can claim some noteworthy economic achievements, even though the influence of COVID has made comparisons challenging. However, in recent years, wages have not been able to keep up with price rises.

Let’s start by examining economic growth using the US economy’s Gross Domestic Product (GDP), which is the total worth of all commodities and services.
This number dramatically dropped during COVID since so many enterprises closed.
Under Trump, the economy recovered from the pandemic with greater vigor than many other western nations.
Under Mr. Biden, this trend has persisted, with the US leading the G7 in GDP recovery from the pandemic.

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