Sunday, June 1, 2025

Biden’s economic legacy: Historic wage gains, investment and job growth but marred by inflation

 https://edition.cnn.com/2025/01/19/economy/us-biden-economic-legacy

President Joe Biden will leave the White House with a strong economy, historic gains in the job market, a foundation for future manufacturing growth, and having brought down decades-high inflation without triggering a recession.

Those feats, economists say, are even more impressive considering the nation was deep in the throes of a deadly, economy-scarring pandemic when Biden took office.

His legacy will also include higher national debt, a wider trade deficit and steeper costs for housing, health care, higher education and child care.

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