Data Reveals Trump Is 'Inheriting an Economy That Is About as Good as It Ever Gets': Report

Trump Calls Nation a "Disaster" Amid Positive Data

Ahead of his second term as President of the United States, Donald Trump has described the nation as a "disaster" on social media, despite data painting a different picture. A recent New York Times report by White House correspondent Peter Baker highlights significant economic achievements under President Joe Biden, which Trump will inherit as he re-enters office. Joe Rondone/The Arizona Republic via the USA TODAY Network / USA TODAY NETWORK via Imagn Images

Biden's Record Economic Gains

According to Baker, current statistics show reductions in violent crime, a decline in illegal immigration at the southern border, and a strong stock market performance—the best in a quarter-century. He writes, "Unemployment is as low as it was just before the Covid-19 pandemic and near its historic best. Domestic energy production is higher than it has ever been." geralt / Pixabay

Economists Praise U.S. Economic Strength

Economists like Moody's Analytics' Mark Zandi note, "The U.S. economy is the envy of the rest of the world." Additionally, William J. Antholis from the University of Virginia’s Miller Center emphasized that Trump will be "stepping into an improving situation." Tumisu / Pixabay

Trump's Narrative vs. Economic Reality

During his 2024 presidential campaign, and just weeks before returning to the White House for a second term, Donald Trump asserted that “immigration, crime and inflation are out of control,” according to Baker. However, Baker argues that the incoming president is in a better starting position than most of his predecessors, including Ronald Reagan and Barack Obama, who faced significant economic and political challenges upon taking office. ALEX HICKS JR./STAFF / USA TODAY NETWORK via Imagn Images