In fact, it was just a couple of weeks ago when The New York Times [reported](https://www.nytimes.com/2024/10/04/business/economy/job-market-hiring-wage.html) that the U.S. job market “is as healthy as it has ever been” — as in, in the history of the United States — and described recent economic growth as “robust.”

A few days later, The Washington Post’s Heather Long explained [in a column](https://www.washingtonpost.com/opinions/2024/10/10/economy-great-year-election/) that by “just about every measure, the U.S. economy is in good shape. [Growth is strong](https://www.washingtonpost.com/business/2024/09/26/economy-growth-inflation-gdp-consumers-federal-reserve/5ab8b9ee-7c04-11ef-980d-341a84fdff8f_story.html?itid=lk_inline_manual_2). [Unemployment is low](https://www.washingtonpost.com/business/2024/10/04/september-jobs-unemployment-labor-market/?itid=lk_inline_manual_2). Inflation is [back down](https://x.com/byHeatherLong/status/1839645950442136048). More important, many Americans are getting [sizable pay raises](https://www.atlantafed.org/chcs/wage-growth-tracker), and middle-class wealth [has surged](https://x.com/erikbryn/status/1841679081211043951) to record levels. We are living through one of the best economic years of many people’s lifetimes.”

The same day, [Politico described](https://www.politico.com/news/2024/10/10/harris-inflation-solid-economy-00183210) the status quo as “a dream economy.” Soon after, [The Economist described](https://www.economist.com/special-report/2024-10-19) the U.S. economy as “the envy of the world,” adding that the American economy “has left other rich countries in the dust.”

**In practice, what does that mean?** **Under the Biden-Harris administration, the U.S. economy hasn’t just “left other rich countries in the dust,” it’s also left the Trump administration’s record in the dust.**