How Biden's economy stacks up against every president's since Eisenhower

gemini104104

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Considering President Biden came on board as a legitimately elected POTUS after four years without one, and with the economic, civil, global COVID dilemmas and other atrocities left behind by the lawlessly hacked in POS tRump, these are President Biden's accomplishments in a bit over one year at dealing with another historical dilemma he inherited by a former failed and disgraced un-American so-called administration:

President Joe Biden has already led the US through some of its strongest ever quarters of economic growth. But two other post-war presidents have him beat.

The government revealed on Thursday the US economy grew at an annualized rate of 6.5% in the second quarter. The figure marked the second-largest jump in gross domestic product since 2003, and in any normal year, it would signal tremendous economic strength.

The report gave Biden an attractive economic scorecard to campaign on, despite the figure falling well short of estimates. The president cheered the GDP report in a Thursday tweet, noting it was the fastest first-half growth in nearly four decades. In another, he called the growth "a direct result of our efforts to deliver economic relief."

https://www.businessinsider.com/bid...ecard-every-president-since-eisenhower-2021-8

Trump Has Failed the American Economy, and you want to know why? Well, here are the reasons why the former lawlessly hacked in cook in thief tRump was a disgrace not only against the U.S economy but the global economy too:
https://budget.house.gov/publications/report/president-trump-has-failed-american-economy

IMF warns Trump trade war could cost global economy $430bn
This article is more than 3 years old
US could find itself ‘focus of global retaliation’ in tariff dispute, says WEO report

Rising trade tensions between the United States and the rest of the world could cost the global economy $430bn (£324bn), with America “especially vulnerable” to an escalating tariff war, the International Monetary Fund has warned.

Delivering a sharp rebuke for Donald Trump, the Washington-based organisation said the current threats made by the US and its trading partners risked lowering global growth by as much as 0.5% by 2020, or about $430bn in lost GDP worldwide.

Although all economies would suffer from further escalation, the US would find itself “as the focus of global retaliation” with a relatively higher share of its exports taxed in global markets. “It is therefore especially vulnerable,” the fund said."

https://www.theguardian.com/business/2018/jul/16/imf-trump-trade-war-global-economy-us-tariff-weo


After giving the COVID against humanity tRump and his gutter team the boot, with President Biden appears to be hope for an improvement at getting a handle on this COVID issue that tRump and his fellow repukes left behind. Yet despite the warnings:

Why COVID-19 Cases May Continue to Decline in the United States

The United States could be heading toward its most “normal” summer in years as the COVID-19 pandemic continues to wane nationally.

Daily new cases of COVID-19 infection have steadily declined, dropping to a seven-day average of less than 27,000 during the first week of April compared to a peak of more than 800,000 in mid-January at the height of the Omicron surge.

There are now fewer than 13,000 people hospitalized nationwide with COVID-19, compared to nearly 140,000 in mid-January.

The daily death rate from COVID-19 has fallen to below 500, compared to more than 3,000 in early February.

“We’ve come a long way in terms of cases and deaths,” said Dr. David Dowdy, an associate professor in the Department of Epidemiology at the Johns Hopkins Bloomberg School of Public Health in Maryland. “The number of people in the hospital is at the lowest point since the beginning of the first wave of COVID-19 in March 2020. Deaths are almost at the lowest point and are still falling, with the number being cut in half about every two weeks.”

“I’m not saying we’re done with COVID, but we certainly continue to move the numbers in the right direction,” Dowdy told Healthline. “If I had to place a bet, I do expect to see the trend line continue. In the U.S., I think this summer will be much better than the last two.”

That prediction is supported by the fact the United States is enjoying a particularly high level of immunity against COVID-19 at the moment."
https://www.healthline.com/health-n...-may-continue-to-decline-in-the-united-states
 
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