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Biden Economy Rebounds to Early-Term Strength
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- Tiny Tech News
When Biden became President, the economy was robust but weakened due to inflation. As inflation lessens, the economy is strengthening and is now rated as strong as it was at the start of Biden`s presidency, according to the Yahoo Finance Bidenomics Report Card. The report card evaluates six economic indicators, comparing Biden`s performance to previous presidents. Currently, Biden`s economy excels in job creation, manufacturing growth, and GDP growth. While initially hampered by high inflation, real earnings have rebounded and are now growing faster than inflation, contributing to the improved economic rating. Although an "A" grade signifies a strong performance compared to past presidents, it doesn`t mean the economy is perfect, as challenges like high housing and food costs persist.
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