After last week’s jobs report, President Biden said the US economy was performing strongly. Do you agree?
Yes
No
In the first year of Biden’s presidency, the US saw inflation of 7%, a 39-year high. Also, the price of retail gas prices increased by approximately $1.00/gal. The country is also currently facing significant supply chain issues.
On the positive side, the US GDP has grown by about 6% in 2021. However, this could be chalked up to a recovering economy that contracted by about 30% last year.