Trump wants you to believe that the US economy is doing terribly. It’s untrue | Steven Greenhouse

Despite his claims to the contrary, unemployment is low, inflation is way down, and job growth is remarkably strong

If Donald Trump wins next week’s election, it would be the first time in US history that a candidate wins based on such a huge lie – his falsehood that we have “the worst economy ever”. The former president’s big lie has distorted the views of millions of Americans, wrongly convincing many that the US economy is in bad shape.

There’s no denying that many Americans are struggling economically and that inflation was painfully high back in 2022, but inflation is far lower now, and most economists agree that our economy is strong. The unemployment rate is low, inflation is way down, economic growth is solid, and job growth has been remarkably strong. Indeed, the country has added nearly 18m jobs – a record – under the Biden-Harris administration. Not only that, median household income has climbed to $80,610, higher than it was in Trump’s last year in office.

Topics

How Bad Do You Want It, Ladies?
Top stories - The New York Times - 4 days ago
Do you want kids? It’s finally OK to simply say no | Eva Wiseman
World - The Guardian - October 20
I Don’t Want to Live in a Monoculture, and Neither Do You
Top stories - The New York Times - October 20
Michelle Obama to America’s Men: ‘What Side of History Do You Want To Be On?’
Top stories - The New York Times - 2 days ago
Chinese believed to have targeted Trump’s and Vance’s phones in US telecommunications breach
World - The Guardian - 4 days ago
Strong US economy and ‘Trump trade’ drive dollar rally
Business - Financial Times - October 22
Trump takes lead over Harris on US economy in final FT poll
Business - Financial Times - 6 days ago

Latest in World

Teen charged in UK dance class stabbings stays silent in court on new poison and terror charges
World - ABC News - 17 minutes ago
Poland's commission looking into Russian influences finds ex-defense minister at fault
World - ABC News - 18 minutes ago
Middle East crisis live: airstrikes hit Lebanon’s Baalbek and Bekka valley after Israel issues evacuation order
World - The Guardian - 21 minutes ago
Most swing state voters believe Trump will not accept defeat if he loses election
World - The Guardian - 23 minutes ago
Autumn budget live: Rachel Reeves raises taxes by £40bn and increases spending on NHS and schools
World - The Guardian - 24 minutes ago

Trump wants you to believe that the US economy is doing terribly. It’s untrue | Steven Greenhouse

Topics

Related

How Bad Do You Want It, Ladies?

Do you want kids? It’s finally OK to simply say no | Eva Wiseman

I Don’t Want to Live in a Monoculture, and Neither Do You

Michelle Obama to America’s Men: ‘What Side of History Do You Want To Be On?’

Chinese believed to have targeted Trump’s and Vance’s phones in US telecommunications breach

Strong US economy and ‘Trump trade’ drive dollar rally

Trump takes lead over Harris on US economy in final FT poll

More from The Guardian

Spain flash floods: Spanish government declares three days of mourning as dozens killed after torrential rain – latest updates

Autumn budget live: Rachel Reeves raises taxes by £40bn and increases spending on NHS and schools

Middle East crisis live: airstrikes hit Lebanon’s Baalbek and Bekka valley after Israel issues evacuation order

US elections live: Supreme court allows Virginia to continue purge of voter registrations

Canada alleges Indian minister behind plot to target Sikh separatists

Latest in World

Teen charged in UK dance class stabbings stays silent in court on new poison and terror charges

Poland's commission looking into Russian influences finds ex-defense minister at fault

Middle East crisis live: airstrikes hit Lebanon’s Baalbek and Bekka valley after Israel issues evacuation order

Most swing state voters believe Trump will not accept defeat if he loses election

Autumn budget live: Rachel Reeves raises taxes by £40bn and increases spending on NHS and schools