White House Makes Last-Ditch Effort To Salvage Biden’s Economic Record Ahead Of Midterms

The White House has touted an economic recovery in the U.S. ahead of the midterm elections, even as many Americans remain underwater economically.

The White House published a 58-page “economic blueprint” in September touting the fastest job recovery in 40 years, the creation of 3.7 million jobs and the unemployment rate standing at a near-50-year low of 3.7%. The report noted that this recovery has significantly outperformed the Congressional Budget Office (CBO) projections released shortly after President Joe Biden took office. The CBO estimated in Feb. 2021 that the economy would not reach pre-pandemic levels until the second half of 2023 and that it would take nearly 5 years for the unemployment rate to fall below 4%.

The administration also touted the rise in wages, with median wages reportedly up 6.7% over the previous year.

“The Biden-Harris Administration is the most pro-worker, pro-union administration in history—prioritizing the dignity and well-being of workers by supporting full employment and worker power, and empowering all Americans to get good jobs they can raise a family on,” the document read.