Biden: The US is experiencing “the greatest story of economic resurgence” in its history

US President Joe Biden assured that Americans are writing “the greatest comeback story ever told” and regretted that it did not “it’s on the news”, despite the fact that the country is growing at an annualized 3% and unemployment remains below 4%.

Biden assured that he became president in 2021 “to take the country forward in one of the toughest periods” of its history, right in the midst of an economic fall and a national emergency due to the covid-19 pandemic, which caused a sharp contraction of the GDP and unemployment of more than 14%.

“The return of America is building a future of possibilities for Americans; building an economy from the center and from the bottom up“explained the president.

Biden faces the electoral campaign against Donald Trump, with the path already clear to be the nominee of the Republican Party, with an economy stronger than expected, despite high interest rates and fears that markets and consumers will slow down their contributions to growth.

Inflation, which remains closer to 3% than the 2% target, is the Biden Administration’s biggest headache, and especially food prices, which have accumulated 20% increases in the last two years .

“Our economy is the envy of the world. 15 million new jobs in just three years. They are a record“said Biden, who was applauded when presenting these data.

“The wealth gap between races is the smallest in 20 years“said the president, who also stressed that consumer confidence is rising.

The president also highlighted that the country is exporting instead of importing from abroad and highlighted the infrastructure investment plans that his administration has promoted, one of the pending issues for the US economy.

Biden assured that Republicans who say that China is growing and the United States is falling behind are wrong: “America is rising“said the president in a euphoric key economic speech in this election year.