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Opinion

Can Biden Flaunt the Strongest Growth in 4 Decades?

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Can Biden Flaunt the Strongest Growth in 4 Decades?
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Daniel Lacalle
|Updated:
Commentary
I was surprised to see a tweet from President Joe Biden showing the gross domestic product (GDP) of the United States for 2021 compared to the average GDP growth under other presidents. The tweet stated: “This didn’t happen by accident. Because of the actions we took, last year we achieved the fastest economic growth in nearly four decades.”
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Daniel Lacalle
Daniel Lacalle
Author
Daniel Lacalle, Ph.D., is chief economist at hedge fund Tressis and author of the bestselling books “Freedom or Equality” (2020), “Escape from the Central Bank Trap” (2017), “The Energy World Is Flat”​ (2015), and “Life in the Financial Markets.”
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