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Trump’s Bull Market V. Biden’s Bear Market

The independent website Facts First has calculated the stock market returns under Trump and Biden. Even when counting the once-in-a-half century black swan event of Covid, the contrast between Trump and Biden’s impact on the nation’s wealth is breathtaking.

Keep in mind, this analysis understates the contrast. It ignores the impact of inflation on these stock market returns. Under Trump inflation averaged about 2%. Under Biden inflation has averaged closer to 6%. So in real terms, Biden’s performance has been all the more abysmal.

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