this post was submitted on 03 Dec 2024
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Economy

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Why America’s economy is soaring ahead of its rivals (www.ft.com)
submitted 2 weeks ago by [email protected] to c/[email protected]
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https://archive.is/20241203135432/https://www.ft.com/content/1201f834-6407-4bb5-ac9d-18496ec2948b

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[–] [email protected] 3 points 2 weeks ago

inflation skyrocketed under the Biden administration

Being in office doesn't mean he caused it. More money was printed during Trump's term, COVID messed up supply chains, Russia invading Ukraine messed up supply chains again, avian flu has been forcing us to cull large amounts of poultry. None of this was done by Biden. You may have heard this before but the President has far less control over the economy and deserves far less credit for it (good or bad) than they get.

Biden destroyed forty percent of black owned businesses

All I can find when I search "40% black owned businesses" are talking about the early part of COVID lockdowns, which occurred under the Trump administration. Can you provide a source of this occurring under Biden?