Staff Reports
The economy under President Biden and the Democrats’ leadership has been tough for American families. Prices at the grocery store and gas station keep going up, and so do monthly energy bills. People are feeling the impact of the Democrats’ spending choices every day.
Two Charts Democrats Don't Want You to See https://t.co/QHhUhqgdKR
— JB (@JBRawhide) May 20, 2024
People are worried about inflation, which means the value of their money is going down. They’re also feeling the effects of high interest rates. Many Americans are not happy with the way President Biden is handling the economy.
The Wall Street Journal recently compared the economy under President Biden to the economy under President Trump. They found that, even though the stock market has gone up since Biden became President, it’s not the whole picture. After factoring in things like inflation, the growth in household wealth under Biden has been much slower than under Trump.
The report also looked at the overall financial health of American households. They found that, after adjusting for inflation, the increase in household wealth hasn’t been as strong under Biden as it was under Trump. This is not good news for President Biden and the Democrats in Congress.
The numbers tell a clear story: the economy is not doing well under President Biden. It’s important to look at these facts when judging how well he is handling the country’s finances.
