Why Does No One Talk About Biden's "Recession"?

Why Does No One Talk About Biden's "Recession"?

Let’s get one thing straight: Biden didn’t have a recession. Now, there’s a simple explanation for why Trump’s so-called recession gets all the buzz while Biden’s doesn’t—because it didn’t happen.

If you’re wondering why we don’t hear about it more, it’s because under Biden, the economy did just fine, thank you very much. Fact check: Under Biden, the labor market grew for 48 consecutive months, the second longest streak on record. Not only that, but unemployment hit a 54-year low at 3.4%. Contrast that with Trump, who handed over a 6.8% unemployment rate when he left office.

And before anyone starts clutching their pearls over GDP numbers—Biden’s average annual GDP growth was 3.2%, compared to Trump’s 1.4%. If you dig into the data from the past 75 years, you’ll see Democrats generally outpace Republicans on GDP growth. So, it's not us ignoring Biden's recession—it’s that there wasn’t one to ignore.

But if you’re still feeling uneasy, let’s talk about stock markets. Under Biden, the stock market didn’t have the worst start to a presidential term in modern history. That distinction goes to Trump, not Biden. So, if you're looking for a true economic trainwreck, take a look at Trump’s first term, not Biden’s.