Biden’s economic legacy is positive, even if certain problems remain unresolved, L’Echo summarizes:
“At the end of his mandate, he must be credited with a very robust American economy, with high growth and a low unemployment rate. In particular, its IRA (Inflation Reduction Act), a massive investment plan in infrastructure and the energy transition, has proven to be a success. But good employment statistics or a glowing GDP cannot hide two big black spots. First, the American deficit remains abysmal. Above all, inflation remains high. … The rise in the cost of living has affected the middle classes… without the tenant of the White House really seeming to have understood the problem. »
Swiss