Looking at this, and taking out the COVID quarters of Q1 2020 through Q2 of 2021, Trump had 3 quarters above 3% and no negative quarters; Biden had 4 quarters above 3% and 2 negative quarters. One of Biden's over 3% GDP quarters was after 2 straight negative GDP quarters.By
Socialism is when the government owns the means of production. This does not exist in this country. We do not have socialism in this country. We have a mixed economy which is necessary to prevent the abuses of pure capitalism.
Let's look at GDP by quarter. Trump promised 5% increase in GDP. Never happened and never got close to it and actually never got reached 3% in a year. If you look at GDP by quarter, you get a better idea how the economy did under Trump, His best quarters for GDP were his third and 4th quarters in 2017. where GDP went over 3%. GDP only reached 3% in two other quarters under Trump and thatwas the 3rd qtr 2019 and 3rd Qtr 2020 the bounce back from Covid. Biden went over 3% 7 quarters. https://www.statista.com/statistics...-from-preceding-period-in-real-gdp-in-the-us/
Only President that GDP was consistently over 3% for 6 out of 7 years was under Clinton. Also over 4% three years in a row.
Not much separating the two on GDP growth.
Now look at inflation, LOL.