US midterm elections: What's happened to economy under Biden?

Posted on AllSides October 31st, 2022
From The Center

President Joe Biden and his Republican opponents have traded accusations over the handling of the US economy under his administration.

With inflation rising and stock markets on a downward trend for most of this year, Republicans have talked of "Joe Biden's recession".

Mr Biden has countered that there's been good job growth and low unemployment, and says the economy is "as strong as hell".

In the first three months of this year, the US economy shrank by 1.6%, and then by 0.6% in the second quarter (up to June).


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