Biden Presidency: Wins and Pinches

It’s time to evaluate the Biden presidency. Economics 1 Reduced quarterly inflation rate (CPI) from peak 8.6% in 2Q, 2022 to 2.7% in 4Q, 2024.2 Doubled the federal budget deficit from $0.75T to $1.5T per year.3 Inflation grew to 9%, partly reflecting excess government spending initiated by the president.4 Added 15M jobs; added jobs every … Continue reading Biden Presidency: Wins and Pinches