FACT!
The US recovery from Covid-19 continues to vastly outperform other advanced economies. Yet the Biden-Harris administration gets very little credit for their policies which helped Americans by jumpstarting a swift and enduring recovery.
Some of the decisions that set the US apart include:
- American Rescue Plan
- Relief programs targeting those most in need
- Expanded the Child Tax Credit
- Supported workers and unemployment benefits
- Boosted health coverage
Read more about these policies here.
While inflation has been an ongoing issue, wages on average have risen faster than prices since the start of the pandemic, and lower-paid workers have seen the largest wage gains. And the unemployment rate is at historic lows.
Sources: Paul Krugman, Brookings, St. Louis Fed, Center on Budget & Policy Priorities