The U.S. economy versus the Euro-area economy – 2020 to 2022

Was the Biden/Harris economic strategy successful?

Issue:  Republicans claim the Biden/Harris administration worsened the U.S. economy, especially by increasing the rate of inflation.  This memo examines how both inflation and unemployment in the United States compared to inflation and unemployment in the Euro area.

Analysis:  The chart below has information on inflation and unemployment in both the Euro…