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This comparison is on the first three year’s of each President’s term as President; 1/17 to 12/19 for Trump and 1/21 to 12/23 for Biden. I tried to take a dispassionate, numbers-based approach from credible sources, and avoid the COVID effects as much as possible (and no, you can’t get away from them entirely).
So the whole story is that each President has strengths and weaknesses, not surprisingly.
Trump Biden Average annual increase in GDP 2.6% 3.4% Collective 3 year stock market increase 42.2% 23.8% Inflation rate high 2.9% 9.0% Interest rates / Federal Funds Rate 3.75% to 4.75% 3.5% to 8.5% Government debt $17.2 trillion $25.9 trils. Lowest unemployment rate 3.5% 3.4% Wages 9.0% 14.8% Housing peak mortgage rate 4.9% 7.8% Average home price $200,000 $325,000 Consumer confidence Unchanged Recession-level lows Credit delinquency rates 4.7% 2.8% Audaces fortuna iuvat
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