Unconventional Economic Wisdom: There is no debating who would be better for the US economy
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The article discusses the economic-policy records of US President Joe Biden and Donald Trump. It highlights that Trump's claims of credit for economic growth are unfounded, as the promised surge of investment never materialized and there was a wave of stock buybacks instead. Biden's economic record has been impressive, with the passage of the American Rescue Plan and the Bipartisan Infrastructure Law. The article also argues that Trump's proposals would cause higher inflation, greater inequality, and negative effects on the labour market, deficit, and exports. It concludes that there is no debate on who would be better for the economy: Biden or Trump.
#UsEconomy #JoeBiden #DonaldTrump #EconomicPolicy #AmericanRescuePlan #BipartisanInfrastructureLaw #Inflation #Inequality #LabourMarket #Deficit #Exports
https://theedgemalaysia.com/node/718283
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