Both presidents tout their contributions on the U.S. economy ahead of the 2024 election. But how do their claims stack up?
December 23, 2023 at 7:00 a.m. EST
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The presidential election is less than a year away, and economic issues are once again top of mind for voters around the country.
Despite the economy’s rapid recovery from the pandemic, President Biden has struggled to convince Americans that his policies are improving their finances. In polls, the majority of Americans still say they trust former president Donald Trump’s handling of the economy over Biden’s.
Both presidents’ economic records have been defined by the pandemic and its aftershocks. The covid crisis upended the job market, stoked decades-high inflation and added trillions of dollars to the federal debt.
The economy today is vastly different from it was in…