Biden's grade on the economy jumps to an A

Published On Oct 8, 2024, 4:21 PM

President Biden's economic report card has upgraded from a B+ to an A, reflecting significant improvements in key economic indicators such as employment, manufacturing, and GDP growth. Inflation has dropped significantly, allowing real earnings to grow positively for the first time in two years. Despite some ongoing vulnerabilities like high costs in housing and food, overall, the job market remains robust, with over 16 million jobs created under Biden. This economic assessment also positions Vice President Kamala Harris favorably as they approach the upcoming elections, drawing comparisons between the current and former administrations.