Kasha the biggest shame is when economic information is politicized, as you are doing. I would highly recommend you head over to the authoritative bls.gov In there you will find all sorts of data on inflation. Or to fred.stlouisfed.org which also has great data.In the last 6 months of the year, the inflation rate, annualized was 0.35%. The only way you could get a full year interest rate lower than what we have had this year now would be if we had deflation. That's usually a very bad sign. Also important to point out that the Trump administration inherited a very health economy (as did GW Bush before) and by the end of both their terms, the economy was doing very poorly. Unemployment is still at historical lows. Supply chains are finally healing.  The stock market is up 10% since 1/20/21.  The budget deficit in Trump's last year was 3.1T. That fell to $2.8T in Biden's first year will be cut in half to $1.4T in 2022. Biden's proposed budget would see a continued reduction in the deficit this year (CBO estimate). A bit more than two years into his administration, Biden has only had 3 senior positions with changes - OMB, OSTP and COS. Trump had turned 11 seniors some for legal reasons. That's a sign of mismanagement. Given where the economy was when this administration took over - it's actually fairly remarkable outcome. Sometimes you need to call a spade a spade. That's all the NYT is doing here.

Kasha the biggest shame is when economic information is politicized, as you are doing. I would highly recommend you head over to the authoritative bls.gov In there you will find all sorts of data on inflation. Or to fred.stlouisfed.org which also has great data.In the last 6 months of the year, the inflation rate, annualized was 0.35%. The only way you could get a full year interest rate lower than what we have had this year now would be if we had deflation. That's usually a very bad sign. Also important to point out that the Trump administration inherited a very health economy (as did GW Bush before) and by the end of both their terms, the economy was doing very poorly. Unemployment is still at historical lows. Supply chains are finally healing.  The stock market is up 10% since 1/20/21.  The budget deficit in Trump's last year was 3.1T. That fell to $2.8T in Biden's first year will be cut in half to $1.4T in 2022. Biden's proposed budget would see a continued reduction in the deficit this year (CBO estimate). A bit more than two years into his administration, Biden has only had 3 senior positions with changes - OMB, OSTP and COS. Trump had turned 11 seniors some for legal reasons. That's a sign of mismanagement. Given where the economy was when this administration took over - it's actually fairly remarkable outcome. Sometimes you need to call a spade a spade. That's all the NYT is doing here.

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