The covid restrictions being gone is only better if covid is gone.
That’s an impossible bar to clear, the next best thing is vaccines so prevalent that covid numbers stop surging and get down to manageable levels. That is what happened, since November of 2020.
Employment hasn’t “stayed low the entire presidency” it was one of the highest it’s ever been and only got to this point over the course of two years.
Bidens presidency started January 2021, unemployment at 6.4%. By the end of the year it was at 3.9%. And it has been steady between 3.5% and 4% ever since.
If we didn’t get enough of a recession to meet your standard for calling it that, we at the very least got close enough to spark a huge national debate in the media about what constitutes a recession.
We didn’t meet the US definition. The NBER decides, and they say there wasn’t a recession. You are 100% right that the media and political figures were were talking about an impending recession the entire time, and it never happened. That is a good thing.
That’s an impossible bar to clear, the next best thing is vaccines so prevalent that covid numbers stop surging and get down to manageable levels. That is what happened, since November of 2020.
Bidens presidency started January 2021, unemployment at 6.4%. By the end of the year it was at 3.9%. And it has been steady between 3.5% and 4% ever since.
We didn’t meet the US definition. The NBER decides, and they say there wasn’t a recession. You are 100% right that the media and political figures were were talking about an impending recession the entire time, and it never happened. That is a good thing.