Source: In These Times
by Nick French
“By many major indicators, the economy under President Joe Biden is doing great [sic]. Real GDP has grown 5% since 2019. Unemployment has fallen to a low of 3.7% after a peak of around 15% in the early days of the Covid-19 pandemic. And inflation, although still higher than pre-pandemic levels, appears to be receding. Real wages are up by 3.5% since Biden took office, with low-wage workers seeing the biggest of those gains between July 2022 and July 2023. Yet many Americans still seem decidedly unhappy with economic conditions today. Several recent polls have found that people in the United States hold negative views of the economy and of how President Biden has been handling it, despite the rosy macroeconomic indicators.” (09/05/23)
https://inthesetimes.com/article/biden-democrats-economy-bidenomics-welfare-covid-left