Economy Grew at Steady Pace Under Trump and Biden, Though Debt and Inflation Spiked
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The economy grew at over 2% annually under Trump, but did not boom. Under Biden growth stabilized at around 2%.
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The national debt rose more proportionally under Trump (41.62%) than under Biden (20.86%) so far.
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Inflation rose due to COVID-19 and the war in Ukraine, not Biden policy. It has dropped from 8% in 2022 to 3.2% in February 2024.
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The recent stock market high is attributed to the Federal Reserve hinting at possible interest rate cuts, not Trump's poll numbers.
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Fact checks show many claims about the economy under Trump and Biden are misleading or false.