A ‘Biden boom’? Inflation makes economy feel like a bust to many.
Posted on AllSides January 20th, 2022
From The Center
Noah Berger/AP/File
ANALYSIS
It’s the kind of record any president would envy. Economic growth in 2021 is forecast to have reached a 38-year high. Jobs are being added at a historic pace. The administration – and some others – are calling it the “Biden boom.”
But the American public is skeptical. After one year in office, President Joe Biden’s approval rating is slipping to lows that Donald Trump experienced for most of his presidency.
A key reason? Inflation is also on a tear and is beginning to undercut the otherwise thriving economy that Mr....
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