While historically, Democrats are less trusted on the economy than Republicans, the data clearly shows by by any measure—even after discounting the pandemic’s negative effects—the Biden economy is remarkably better.
According to a recent article by The Third Way, Americans are substantially better off under Joe Biden than they were under Donald Trump. Noted specifically are—
- Nearly 6 million more Americans are working today than during Trump’s best month.
- Stock prices are up 35% from Trump’s best day.
- Average household wealth is up more than $50,000 compared to the Trump era.
- Yearling disposable income for families is more than $1,000 higher under Biden than Trump, even after factoring inflation.
- And 138,000 more Americans are working in manufacturing today than in Trump’s best month.