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US Politics

Trump is blaming Biden for a weakening economy. Is that fair?

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78% Informative

By most gold-standard measures, President Joe Biden handed President Trump a booming economy.

Yet, data aside, the economy didn’t feel great to all Americans who suffered through the highest inflation in decades .

One month does not make a trend; figures are preliminary and often subject to revision as more detailed information becomes available.

To be fair, confidence surveys aren’t always reliable indicators of future economic performance.

“There’s an unprecedented amount of uncertainty, what I call a very thick fog,” says Sung Won Sohn .

Sohn : “Once the fog clears up, the confidence will go up.”.

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