Donald Trump’s message to US voters has been consistent as he seeks to win a second term in the White House: the economy under Joe Biden has been a disaster.
Until recently the hard data has not supported Trump’s argument. The US has been comfortably the fastest-growing of the G7 leading industrial nations since the Covid pandemic. Unemployment has been low by historic standards. America’s self-sufficiency in energy meant it suffered a less severe inflation shock than Europe after Russia’s invasion of Ukraine.
