Show attachment 233951
Something happened in 2019.
https://fiscaldata.treasury.gov/americas-finance-guide/national-deficit/
The White House celebrated its first-year economic achievements
by tweeting: “When
@potus and
@vp were sworn in, our economy was on the brink of collapse.”
That is a flat-out lie.
As Biden first set foot in the Oval Office a year ago, real GDP was growing at 6.3 percent, inflation was 1.4 percent, the price of gasoline was $2.39 a gallon and Michigan’s consumer sentiment index stood at 79. Today, real growth
has slowed to just over 2 percent, inflation is at
7 percent, gas is up to $3.31 a gallon and the
Michigan Index is 68.8.
In addition, real wages dropped 2.4 percent over the past year, with inflation
overwhelming pay hikes after several years of gains under President Trump.
https://thehill.com/opinion/finance/590451-how-biden-torched-the-trump-recovery/