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But statistics say otherwise.
While inflation did rise under the Biden administration, many other markers pointed to a strong economy.
And today, according to some experts,Trumps policies are already reversing the strong economy that he inherited.
Inflation grew during the Biden administration, and prices rose substantially.
Interest rates climbed, reaching a 23-year high, and housing prices continued to climb.
However, consumer spending maintained at a high rate, likely spurred on by increased employment and higher wages.
The stock market also thrived, meaning investors retirement accounts grew and signaled a strong overall economy.
But such mass deportations could negatively impact the United States economy.
The Trump administration then offered buyouts and progressed to firing thousands of federal workers.
The Trump administration told NBC that about 75,000 workers accepted the original federal buyout.
The Trump presidencys sweeping actions are contributing to unemployment rates.
In January 2025, unemployment was at 4%, according to Statista.
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