Absolutely and despite the constant tRump and GOPers and foreign enemies in the gutter attacking President Biden and his administration's accomplishments at turning around numerous atrocities created by the former lawlessly hacked in tRump gutter insurgency of un American rot!
The Economy is Rebounding and Americans are Crediting President Biden
SEPTEMBER 2, 2021
Jobless claims once again hit a new pandemic-era low last week as the United States’ economy became the first one among our peers to bounce back. Experts and the American people credit President Biden and Democrats’ delivering of federal funds for this strong recovery. With each month, it becomes more clear that President Biden’s economic plan is working..
Thanks to President Biden’s leadership, Americans are seeing their jobs come back and the economy is rebounding.
AP News: “US jobless claims drop to 340,000, a pandemic low, evidence of strength for a rebounding economy”
Bloomberg: “The U.S. is the first Group of Seven economy to return to a pre-pandemic level of output, leaving behind European peers that suffered sharper contractions when Covid-19 struck.”
Reuters: “U.S. construction spending picked up in July, lifted by gains in both private and public sector projects.”
https://democrats.org/news/the-economy-is-rebounding-and-americans-are-crediting-president-biden/
Reuters
Fiscal stimulus, vaccinations lift U.S. economy above pre-pandemic level
WASHINGTON (Reuters) - The U.S. economy grew solidly in the second quarter, pulling the level of gross domestic product above its pre-pandemic peak, as massive government aid and vaccinations against COVID-19 fueled spending on goods and services.
The pace of GDP growth reported by the Commerce Department on Thursday was, however, slower than economists had expected. That was because businesses ran down inventories further to meet the robust demand. Supply constraints, which have caused shortages of goods such as motor vehicles and household appliances, are making it harder for business to replenish stocks.
"The U.S. economy is off and running," said Scott Hoyt, a senior economist at Moody's Analytics in West Chester, Pennsylvania. "Real GDP has fully recovered what it lost in the downturn. The economy is well ahead of much of the rest of the world, save China and some parts of southeast Asia, in its recovery from the pandemic recession"
https://www.yahoo.com/now/fiscal-stimulus-vaccines-likely-fueled-040347691.html