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Breitbart Business Digest: The Real Reason Americans Prefer Trump’s Economy to Biden’s

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, gnashing their teeth at the realization that the American people favor Donald Trump’s economy over Joe Biden’s. This strikes them as utterly irrational, and they’ve spent months concocting elaborate theories to explain why Americans just can’t see that we supposedly live in an economic utopia under Biden., Biden’s presidency is fast securing a prominent spot. Despite the administration’s self-congratulatory rhetoric on job creation and recovery, the average American remains unimpressed.

It’s almost like a children’s fairytale aimed at teaching the dangerous consequences of dissembling. Biden’s first lie about the state of the economy at the time of the election more or less required, which in turn required him to claim that inflation wasn’t a danger as it got started and then flip to claiming it would quickly fade once it was undeniable.

More importantly, Americans understand that their real incomes—that is, incomes after inflation—were far more improved under Trump than Biden. According to a devastating analysis by Bloomberg News running under the headline “Voters Prefer Trump Over Biden on Economy. This Data Shows Why,” Both presidents ran up huge deficits to finance COVID relief spending. Trump backed the $1.8 trillion CARES Act in March 2020, while Biden backed the $1.9 trillion American Relief Plan in March 2021. But the timing mattered.

 

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