Exaggerating economic assumptions and some misleading claims about Biden’s tax plan
The fact-checking fodder included claims about the economy, the Democratic nominee and the president’s actions.
Here is the analysis:
Kudlow’s False Economic History
Kudlow painted a false picture, claiming Trump inherited “a stagnant economy on the front end of recession” and then adding, “The economy was rebuilt in three years.”
But the fact is, as we wrote on the day Trump took office, Trump inherited “an economy experiencing steady if unspectacular growth in output, jobs and incomes.” After the terrible 2007-2009 recession that Obama inherited, the economy had posted six straight years of economic growth and was about to post a seventh. Continue reading.