An Historic Reminder of the U.S. Economy in Last 3 Years, VS. the 4 Years before

Today's blog is an historic reminder of all the good things that have transpired in the last 3 years here in the U.S. and reasons why we should keep it going. At the bottom of the blog, you'll see just one of 1,000 reasons from the 4 years before that, that should warn you never to revisit that period. 

So much of what has happened during Joe Biden’s presidency is so unknown to so many when they are so obvious. Take a look at the last 3 years:

• The recession everyone predicted a year ago didn't happen. Instead, those same economists are praising the Federal Reserve for a now-likely soft landing for the economy, a remarkable achievement that will be studied for years.
• Record job creation for a president’s first term, nearly 15 million so far.
• An unemployment rate that continues to hover at a 50-year low of 3.7%, down from the 8.6% that Biden inherited from Trump.
• Inflation is down almost 80% from what it was a year ago, sitting at 3.7%.
• GDP ran an extraordinary 5.4% last quarter.
• The Dow Jones on the day Trump lost in 2020: 26,800. Trump said the market would crash if Biden was elected. Today’s Dow: 37,000-plus.
•  Multiple bills have passed addressing infrastructure, manufacturing and technology creating so many Jobs, Repairing our Bridges, Roads, and more.
• For those who think the Presidency controls gasoline prices, it doesn't. But if you're one of them, In 2023, the average price of gas was $3.52 a gallon. In 2022, it was $3.95 a gallon. That’s an 11% drop. The current national average? Just over $3 per gallon.  

These are numbers that affect everyone. How does anyone miss these tidbits of information?  

Trump’s major achievements? 

• An almost $2 trillion tax break that benefited corporations and the wealthy, INCREASING THE FEDERAL DEFICIT BY  30%. 
• The growth in the annual deficit under Trump ranks as the third-biggest increase in the nation’s history.