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economic downturnsABC News
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83% Informative
DNC speakers claim Biden inherited economy in disarray when he took office in 2021 .
Experts say it's more complicated: Economy was no longer in recession but Biden advanced recovery, experts said.
The U.S. economy remained far from healthy when Biden took office, economists said.
Biden signed a $1.9 billion economic stimulus package of his own in 2021 .
The following year , Biden enacted the $891 billion Inflation Reduction Act and the CHIPS and Sciences Act.
By 2022 , the economy had recovered all of the jobs lost during the pandemic.
Economists differ over whether the spending contributed to a bout of inflation.
VR Score
89
Informative language
91
Neutral language
43
Article tone
formal
Language
English
Language complexity
60
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
2
Source diversity
2
Affiliate links
no affiliate links