Mark Zandi, chief economist of Moody's Analytics, stated, "In the 35 years I've been an economist, I've rarely seen an economy performing as well as it is. I'd give it an A+."
Despite the overall positive economic indicators, public perception remains negative with 62% feeling the economy is in bad shape, as found in an October AP-NORC poll.
The US has added more than 700,000 factory jobs and achieved a record 19 million new business applications under Biden, signifying robust growth for small and blue-collar businesses.
Contrary to Trump's warning, the stock market has thrived, with the Dow Jones Industrial Average climbing 36% under Biden, demonstrating a strong economic recovery.
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