
Joe Biden has been president for a little over a year and took office in the midst of several historic crises, including the immediate aftermath of a coup attempt by his predecessor and a pandemic that will surely kill more than a million Americans. Yet many among the pundit and political classes are already writing the Biden administration's political epitaph.
Such people have concluded that Biden's bold and transformative domestic policy agenda is a failure, and that the American people are now turning on him. Many are citing inflation as a massive political liability, in an attempt to cast Biden is a 21st-century version of Jimmy Carter afflicted with national malaise and "stagflation." What they conveniently ignore is that Biden's economic growth numbers more closely resemble the "good old days" of Ronald Reagan, circa 1984.