Biden's vs. Trump's economy comparison

ABC News business correspondent Alexis Christoforous breaks down the numbers for both candidates and their past standings.

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[chancewithcollectibles]

I see how the democrats are playing with numbers lol.

[TheHugopf]

9 million of that was going back to work not new jobs

[craigscott]

Homes prices didn’t rise because interest rates went up. Her logic on that doesn’t make sense. About inflation, inflation has gone down lately but that’s only if you calculate it year over year. In reality, the cumulative inflation since Jan. 2021 is what we’re having to pay, and that is not near 3%.

[sirrebral]

Sloppy journalism; what's critically missing here are adjustments for wages; without it, raw price data has no baseline to determine relative affordability when comparing one point in time to another.

[jonstundralife]

This analysis leaves out Russia invading Ukraine sending oil and gas prices sky high leading to the 9% inflation. That is a huge factor in all prices going up. They also say home prices going up are from interest rates going up, but we all know corporations buying the inventory and controlling the market was the bigger catalyst for unaffordable homes. Media working for the corporations that own them...AGAIN!

[zuu]

Profits are sky high the past 2 years. Corporate America is strangling this country.

[theman]

Misleading at best.
1:13 Those jobs were coming back regardless of who won the 2020 election.
1:30 Where is the indicator for Biden's recession in 2022
1:54 Inflation jumped after Biden's unwarranted "stimulus" package.
2:25 After people were returning to work, say around December 2020, there was no reason to keep interest rates that low. People were buying houses like crazy (especial in Texas).
2:49 Home prices haven't jumped everywhere. They have barely moved in Massachusetts. The jump is in freedom loving states like Texas.
3:21 She obviously does not understand economics. High interest rates should push prices down as they make homes less affordable
3:33 Wrong again. There are many things presidents do that effect gas prices, regulations have a major impact on gas prices.
4:10 The lying is over.

[edcastillo]

You failed to show the economy prior to Trump which represents his 1st 1-2 years. Also forgot to mention corporate greed that kept consumer prices higher than needed after the supply chain issues.

[davidlabate]

take a look at how trump just went along for the ride after the Obama recovery. Compared to the world we are doing pretty good. You don't explain anything. Bad reporting as usual.

[absolutelyflabbergasted]

Big job creation when everyone went back to work after being locked down. Hmmmm.

[pennylessplantation]

This admin doesn’t even know the definition of recession.

[MichaelDaley]

This is a very bias chart and i am not American

[gilcarroll]

Important data. The president has little control over short term economic realities.

[veronikam]

So if your predecessor wrecks the economy and you have to build it up - then it is your fault? So if you buy a house and the previous owner runs it down and you have to renovate everything - then it is your responsibility that the house is a mess?

[adamrocket]

High interest rates don't drive up median home prices. The opposite is true. You wanna try again and make sense this time?

[LpCh]

Where do they come up with these fake numbers?

[thorder]

Hardly useful info in either direction. Two totally different scenarios.

[fredsalfa]

A big factor there that may skew the results for both sides is COVID-19

[erniewinn]

Almost 300, 000 software engineers lost their jobs last year. They are now driving DoorDash. That is not jobs created.

[backcountryoverlanding]

ABC News you guys are on something. Before I had money to go on vacation and fix my house and property. Now I just pay bills and get groceries and my savings is going down