Economic Policies of Trump and Biden: A Comparison

Former President Donald Trump’s economic policies stand in stark contrast to those of current President Joe Biden. During the Trump presidency, his economic policies included efforts to repeal the Affordable Care Act, implement trade protection measures, restrict immigration, and deregulate the energy and financial sectors. President Biden has centered his policies on printing more money and fostering a narrative of “prosperity growing from the bottom up and the middle out.” President Biden’s approach directly repudiates free-market Reaganomics and its core principles, which advocate for small government and argue that job creators are responsible for economic growth. According to a 2023 poll by the Associated Press, only 33% of surveyed Americans approve of President Biden’s handling of the economy, a fact that President Biden’s administration ignores. The White House released a fact sheet earlier this year titled “The Biden Economic Plan Is Working.”...