Agenda done – President too – Economy


Claus Hulverscheidt

As always in life, it’s all a matter of perspective. If you rely on the statistics alone, for example, there has not been a US president in the past 45 years who, after twelve months in office, has come close to having an economic policy success story that Joe Biden can now do. At 5.5 percent, growth is twice as high as the average for previous years, and the unemployment rate has fallen by two points to 4.2 percent. Wages and company profits are bubbling up, the stock markets are rushing from record to record. A columnist from the agency recently summed it up purely in terms of the numbers Bloomberg, the interim report of the man from Delaware is “unbeatable”.

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