Yes, the Biden Boom Is Real. We Shouldn’t Ignore It.
There’s more to the current economy than inflation
“The economy, stupid.”
The phrase, iconically coined by James Carville, was made famous during Bill Clinton’s time in the White House. Since then, it’s been used often, to the point that it’s almost become a meme. During Donald Trump’s turbulent presidency, we had plenty of reasons to reference it but since he left office, we’ve seen many interesting developments on the economic front. Trump relied on the economy to carry him to victory in 2020 but it proved to not be enough, especially when paired with his handling of the Covid-19 pandemic, which many found to be lacking.
Since Joe Biden took over in early 2021, we’ve watched a president and his administration prioritize reversing the damage caused by everything from Trump’s tariff policies that sparked the trade war to his racially charged immigration curbs. It’s hard to feel too good about 2021 given that it started with an insurrection intended to overthrow the United States government and ended with the rise of a dangerous new strain of Covid-19. As 2022 takes shape, much of the news coverage centers around people either quitting their jobs or testing positive for the virus in rapidly increasing numbers. On top of that, everyone from politicians to pundits are…
