They show that -- notwithstanding lies as promiscuous as the ones he tells about election fraud -- Trump will leave office in January with a historically bad record on the economy. That sounds discordant since many Americans believe the economic fable that Trump has repeated relentlessly throughout his term. More abstract measures, such as the US trade deficit and ratio of government debt to the size of the economy, have also worsened during Trump's term. "Trump's economic record ranks near or at the bottom compared with other presidents," concludes Moody's chief economist Mark Zandi, who compared the economic results of all presidents from the last 70 years. To be sure, the deadliest public health pandemic in a century has devastated economic activity during this last year of the President's term.
Source: CNN December 13, 2020 13:52 UTC