Just weeks after Vice President Kamala Harris' overwhelming loss to President-elect Donald Trump in the 2024 presidential election, the White House released a memo praising the Biden-Harris administration as one of the most successful administrations in history. Announced.
A memo shared on Monday highlighted how Presidents Biden and Harris entered office amid the COVID-19 pandemic and a “sluggish” economy, then described their administration as “the worst in history.” “One of the most successful regimes,” he continued, “and will leave the world behind.” It's the best economy in the world. ”
“Under the leadership of President Biden and Vice President Harris, 16 million jobs have been created and women and people of color are returning to the workforce at a record pace,” the memo said. “A record 20 million new business applications have been filed, and inflation has fallen to near pre-pandemic levels.”
The White House said “our successes'' in these areas include “legislation that will rebuild our nation's infrastructure, make the largest investment in climate action in history, lower prescription drug costs, and spur a renaissance in manufacturing.'' “This is due to the fact that it was passed and implemented,” he added.
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The White House released a memo on Monday calling the Biden-Harris administration “one of the most successful administrations in history.” (Anna Moneymaker/Getty Images, File)
The memo quotes an anonymous “business leader” calling the U.S. economy “one of the best-performing economies” in decades.
However, the latest employment figures released earlier this month appear to paint a different picture.
A Labor Department report said just 12,000 jobs were created in October, far below expectations of up to 120,000 and the lowest in four years. of unemployment rate It was 4.1%, which was as expected.
President Biden withdrew from the 2024 presidential race in July after his dismal debate performance against former President Donald Trump and questions about his mental health. Vice President Kamala Harris then led the Democratic candidates, but ultimately lost to Trump. (Andrew Leyden/NurPhoto, Getty Images, File)
The cumulative effects of inflation continue to weigh heavily on many Americans.
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The Labor Department's October inflation report showed the consumer price index — a broad measure of the price of everyday items like gasoline, groceries and rent — rose 2.6% year over year across the U.S., in line with expectations. Inflation rose amid a broader cooling trend.
Days before the presidential election, Trump campaign national spokeswoman Caroline Leavitt said: “This jobs report is a disaster and reveals once and for all how badly Kamala Harris has destroyed our economy.” he claimed.
In the 2024 presidential election, President-elect Donald Trump overwhelmingly defeated Vice President Kamala Harris, winning both the electoral vote and the popular vote. (Chip Somodevilla/Getty Images, File)
On Election Day, it looked as if the will of the American people would be reflected in the total number of votes cast, and that it would be a referendum on the policies of the Biden-Harris administration.
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Trump defeated Harris with an overwhelming majority of electoral votes, 312 to Harris' 226, and won the popular vote by more than 2 million votes.
Fox News Digital's Paul Steinhauser and Fox Business' Eric Revell contributed to this report.
