Economics

Biden Defends Economic Record, Says Trump Plans Threaten Growth

  • President argues his policies aided post-pandemic recovery
  • 2024 election saw voters reject Biden’s handling of economy

Joe Biden

Photographer: Shawn Thew/EPA/Bloomberg
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President Joe Biden warned that Republican Donald Trump’s plans to extend tax cuts and reshape global trade through tariffs risked reversing economic gains, even as dissatisfaction with his own handling of the economy contributed to last month’s stinging electoral loss.

Biden, speaking at an event Tuesday at the Brookings Institution, sought to reverse perceptions of his economic performance, arguing his policies had worked to help Americans recover from the shocks of the Covid-19 pandemic.