Test what you know about the economic résumés of Biden and Trump
Test what you know about the economic résumés of Biden and Trump
https://finance.yahoo.com/news/test-what-you-know-about-the-economic-resumes-of-biden-and-trump-133125937.html
Summary
Certainly! Here are the key takeaways from the article comparing the economic records of Joe Biden and Donald Trump:
- Inflation: Trump is likely to focus on rising prices since Biden took office, but he often exaggerates the numbers[^1^][1]. Biden, on the other hand, tends to stick closer to the facts[^2^][2]. Prices have risen about 20% under Biden, compared to just under 7.8% during Trump's presidency[^3^][3][^4^][4].
- Job Creation: Biden has overseen the gain of over 15 million jobs since taking office, while Trump was the first president to lose a net number of jobs since Herbert Hoover due to the COVID-era shutdown[^5^][5].
- False Claims: Both candidates have made false claims about inflation. Trump's advantage lies in the issue, but he often pulls numbers out of thin air[^6^][6].
- Trade and Debt: The article also discusses oil production, national debt, and trade policies, which are important aspects of their economic records.