Carney: The Economy Accelerated Before Stimulus Hit, Undermining Biden’s Narrative

 

President Joe Biden is facing a pandemic challenge he never anticipated: an economy that is much stronger than forecast.

Biden ran against Trump in part on the idea that the White House’s alleged mishandling of the pandemic had unnecessarily damaged the U.S. economy. He took office predicting the months ahead would be a “dark winter” and successfully pushed for $1.9 trillion of emergency spending to ward off a second downturn.

Now Biden and Vice President Kamala Harris are setting out on a nationwide tour to tout the spending package. The challenge they face is that the economy is recovering too quickly for them to be able to credibly claims credit for the expansion later.

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