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Biden Defends Economic Record, Says Trump Plans Threaten Growth
Posted
December 10, 2024
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0:46Now PlayingPresident 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.
“Most economists agree the new administration is going to inherit a fairly strong economy, at least at the moment,” Biden said in an address at the think-tank in Washington. “It is my profound hope that the new administration will preserve and build on this progress.”
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