Author Topic: It Turns Out Biden’s Economy Wasn’t So Great For American Workers After All  (Read 1069 times)

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Offline mystery-ak

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It Turns Out Biden’s Economy Wasn’t So Great For American Workers After All


Ireland Owens
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January 05, 2025 9:22 AM ET


American workers may not be faring as well under current labor market conditions as the Biden-Harris administration often claims.

The White House has repeatedly assured Americans that the U.S. economy has remained strong throughout President Joe Biden’s term. Despite the administration’s claims, strikingly lower-than-anticipated job creation, inflation that has often outpaced wage growth and record-setting immigration have all caused opportunities to dry up, researchers who spoke with the Daily Caller News Foundation explained.

“This idea that somehow this is a great labor market, which I know is something that the Biden administration keeps saying — ‘We’re handing the Trump administration a robust labor market,’ — I’m sorry, I think that the Biden administration’s own data contradicts that narrative,” EJ Antoni, a research fellow in the Heritage Foundation’s Grover M. Hermann Center for the Federal Budget, told the DCNF.

Excluding the impact of the COVID-19 outbreak, unemployment rates fell for the majority of then-President Donald Trump’s time in office — but nearing the end of Biden’s term, rates have steadily ticked upwards, from a low of 3.4% in January 2023 to 4.2% in November 2024.

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https://dailycaller.com/2025/01/05/it-turns-out-bidens-economy-wasnt-so-great-for-american-workers-after-all/
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