Article 6RVH1 Trump wants you to believe that the US economy is doing terribly. It’s untrue | Steven Greenhouse

Trump wants you to believe that the US economy is doing terribly. It’s untrue | Steven Greenhouse

by
Steven Greenhouse
from US news | The Guardian on (#6RVH1)

Despite his claims to the contrary, unemployment is low, inflation is way down, and job growth is remarkably strong

If Donald Trump wins next week's election, it would be the first time in US history that a candidate wins based on such a huge lie - his falsehood that we have the worst economy ever". The former president's Big Lie has distorted the views of millions of Americans, wrongly convincing many that the US economy is in bad shape.

There's no denying that many Americans are struggling economically and that inflation was painfully high back in 2022, but inflation is far lower now, and most economists agree that our economy is strong. The unemployment rate is low, inflation is way down, economic growth is solid, and job growth has been remarkably strong. Indeed, the country has added nearly 18m jobs - a record - under the Biden-Harris administration. Not only that, median household income has climbed to $80,610, higher than it was in Trump's last year in office.

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