High gas prices, record inflation with no end in sight. He must be a one term president.
Actually, the seditious repuke atrocity at war against humanity, worthless trolls and faux type liars like your tRump kisser kind of the sewer deserve to be officially condemned in America, in particular, and prior to meeting the retribution of the Almighty on your unclean hides and souls. Yet aside from the anti-Biden propaganda and atrocities he inherited as a result of the failed and former lawlessly hacked in tRump atrocity that put a curse on humanity, it appears, Team Biden are doing well. This is considering the terrible repuke and foreign enemy influenced dilemma they also were put to task to deal with:
POLITICS
White House sees strong GDP growth in 2022 despite inflation risks
The White House sees more risks to U.S. economic activity in the months ahead thanks to rising prices and Russia’s invasion of Ukraine, but still expects healthy GDP growth in 2022.
A senior administration official told CNBC that the recent rise in energy and food prices — caused in large part by Moscow’s attack on its neighbor — and ongoing supply chain hiccups are two of few “additional” risks to U.S. GDP growth this year.
But despite the inflationary concerns, most economic data points to another strong year for the U.S. economy as measured by job gains, household savings and real income, the official said.
“We are facing real risks and some challenges,” the person said. “One risk is the war that Putin has started in Ukraine. That has real effects on the U.S. economy, largely through energy prices and food.”
But “when you put it all together, the U.S. economy is in a strong position, even as we face some additional risks in the months ahead,” the official said.
The official, speaking on condition of anonymity to discuss private White House forecasts, said the administration was encouraged to see the International Monetary Fund estimate that the U.S. will see its gross domestic product grow 3.7% this year. That compares with forecasts of economic growth of 2.1% for Germany, 2.5% for South Korea and 3.7% for the United Kingdom."
https://www.cnbc.com/2022/04/21/whi...n-2022-despite-additional-economic-risks.html
5 Ways the Trump Administration’s Policy Failures Compounded the Coronavirus-Induced Economic Crisis
The Trump administration’s failure to respond to the coronavirus pandemic and the subsequent economic fallout has exacerbated both crises in the United States.
Last week, the total coronavirus death toll in the United States surpassed 100,000—a grim milestone in a battle that the Trump administration was not adequately prepared to fight. The United States now accounts for more than a quarter of the world’s COVID-19 deaths despite only accounting for roughly 4 percent of its population. The Trump administration’s failed public health response is mirrored by its failure to respond to the economic crisis, which has led to an economic fallout that sets the United States apart from other high-income nations.
With some 37.6 million Americans filing for unemployment insurance since the beginning of March and the official unemployment rate reaching 14.7 percent in April—a level not seen since the Great Depression—the American economy is in a disastrous state, with repercussions expected for years to come. The level of economic and public health pain that Americans are now experiencing, however, was not inevitable, but rather the consequence of a series of policy failures that started well before the coronavirus outbreak. The Trump administration’s past actions weakened the United States’ ability to respond to the pandemic, and its current actions continue to exacerbate the dual public health and economic crises. Although Congress was able to pass a series of stimulus measures that have blunted the economic pain for families, this relief happened in spite of the Trump administration, not because of it."
https://www.americanprogress.org/ar...mpounded-coronavirus-induced-economic-crisis/