late wrote:Bill Clinton is a politician, not an economist.
Our taxes are comparable to other highly developed countries.
The economy is doing good. Considering that Covid should have thrown us into a recession, it borders on amazing. Labor productivity is up 5.2%, which is really, really good. Inflation is coming down, this year has seen deflation in the durable goods sector. Unemployment is so low it scared the Fed.
You need to realise that when Biden took office, the country was a disaster. Everybody was expecting a recession. He kept that from happening.
I think he's the best president since Ike, and that's saying something.
No, The global economy and US economy is doing very poorly. Central banks and banks around the world just ramped up creating money to mask up actual shrinking economies. They just masked up GDP figures but they can't hide inflation. We are all able to buy less things with our cash now.