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The Guardian - US
The Guardian - US
Business
Steven Greenhouse

Trump says the economy ‘went to hell’ under Biden. The opposite is true

two men in suits looking at each other
Trump and Biden at the former’s inauguration in January. The president says he inherited ‘an economic catastrophe’ from his predecessor. Photograph: Getty Images

Donald Trump keeps saying he inherited a terrible economy from Joe Biden and many Americans believe him, even though that’s not true. During his White House marketing event for Tesla on Tuesday, Trump said the US and its economy “went to hell” under Biden. Last week, in his national address to Congress, Trump said: “We inherited from the last administration an economic catastrophe and an inflation nightmare.”

But the truth is that by standard economic measures, the US economy was in excellent shape when Biden turned over the White House keys to Trump, even though most Americans, upset about inflation, told pollsters the economy was in poor shape.

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