Biden Bucks Gloomy Predictions With Strong Economy, But Gets Little Credit

• Biden has overseen strong economic growth, low unemployment, and rising wages, but gets little credit from voters

• He embraced progressive critique of Obama's crisis response and spent big on COVID relief

• Centrist Dems like Summers warned of inflation risk, but supply issues, not overspending, drove price hikes

• Unemployment stayed low even as inflation fell, defying predictions of recession

• Biden achieved progressive goal of governing better by learning from past mistakes on economic crisis response