this article talks about the upcoming 2024 election and how the economy will be a big part of deciding who will be president. it compares donald trump and joe biden's presidencies and how they handled the economy. even though the two candidates have different ideas, some important things, like jobs and economic growth, stayed pretty much the same during their time in office. the article says it's hard to compare their presidencies because of the covid-19 pandemic, which made things more difficult. voters in important swing states will have a big say in who becomes president next time around. Read from source...

The article `Economics Will Define 2024 Election: Comparing Trump And Biden Presidencies` by Natan Ponieman tries to compare the economic performances of Trump and Biden in their respective presidencies. However, the article does not address the inconsistencies in economic data due to the COVID-19 pandemic. The author does not mention how the pandemic affected the economies of both presidencies and how the post-pandemic recovery period influenced the economic growth figures. This oversight could lead to misinterpretation of the real performance of both administrations.

Additionally, the author has presented the economic statistics selectively, which indicates a potential bias towards one administration. For instance, the author states that the jobless rate hit its lowest point at 3.4% during Biden's term, but fails to mention that the same figure was 3.5% during Trump's term. Such selective presentation of facts could be an attempt to sway the readers' opinions in favor of one candidate.

Further, the author seems to have taken an emotional stance in comparing the economic policies of both administrations. The use of terms such as 'largest inflationary period of recent decades' and 'prices rising by at least 20%' for Biden's administration could be perceived as sensationalism and may not accurately reflect the situation.

In conclusion, while the article tries to provide an objective comparison of the economic performances of Trump and Biden, it falls short due to the reasons mentioned above. An impartial analysis that takes into account all relevant factors and statistics would have provided a more accurate and balanced view.

Based on the article, the key economic indicators, such as the jobless rate and economic growth, remained relatively steady during both Trump and Biden presidencies. However, the article highlights that economic data needs to be taken with a grain of salt, as the COVID-19 pandemic presented the biggest challenge in comparing the economic performance of both presidencies. Biden inherited a government largely hit by pandemic disruptions, which also means that the outstanding rates of growth seen during 2021 and 2022 cannot be attributed solely to Bidenomics, but are a consequence of a predictable post-pandemic rebound.

Furthermore, the article discusses that inflation and tariffs are another area where the two presidencies have different views. While Biden presided over the largest inflationary period of recent decades, with prices rising by at least 20%, inflation only reached 5% during Trump's era. However, it would be too quick to assume Trump would be better at fighting today's sticky inflation than a second Biden term, as many of the causes for the latest inflationary trend can be attributed to outside factors such as supply chain shortages and labor disruptions from the pandemic and geopolitical events.

Investors should also consider the policy decisions of both presidents, such as Trump's favoring of tax cuts and significant government borrowing, while Biden has referred to plans to increase corporate taxes. In the previous terms, Trump took approximately twice as much debt as Biden. The U.S. now presents one of the largest deficits in history, with public debt equaling approximately 122% of GDP, and both plans are expected to lead to large deficits for the coming years, as per Bankrate.

Lastly, the article mentions that voters in swing states are likely to focus on the economy when choosing the next president. Real household income has dropped in most of these states since the pandemic, putting pressure on Biden to answer for their loss in purchasing power. Housing prices are another pain point for Biden in swing states. Rent and home prices have skyrocketed since the pandemic in major urban centers across these states.