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Biden’s approval sank as inflation crept up to its 9% peak in 2022. Inflation got a lot better, but Biden's approval ratings didn't. The year-over-year rate of price hikes is now just 2.4%.
Biden’s 41% approval is lower than Trump’s 47% approval at the end of his first term, former President Barack Obama’s 57% when he left office and former President Bill Clinton’s 62% ...
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The economic policy of the Joe Biden administration, colloquially known as Bidenomics (a portmanteau of Biden and economics), is characterized by relief measures and vaccination efforts to address the COVID-19 pandemic, investments in infrastructure, and strengthening the social safety net, funded by tax increases on higher-income individuals and corporations.
The government's social distancing rules had the effect of limiting economic activity in the country. Companies started mass layoffs of workers, and Canada's unemployment rate was 13.5 percent in May 2020, the highest it has been since 1976. [1] Many large-scale events that planned to take place in 2020 in Canada were cancelled or delayed.
The economy of Canada is a highly developed mixed economy, [33] [34] [35] with the world's ninth-largest economy as of 2024, and a nominal GDP of approximately US$2.117 trillion. [6] Canada is one of the world's largest trading nations, with a highly globalized economy. [36] In 2021, Canadian trade in goods and services reached $2.016 trillion ...
A Harvard/Harris poll has Biden’s approval rating at 43% with his economic rating down at 39%. A CBS/YouGov survey has the president with an approval rating of 41% and an economic rating down at ...
From 2003 to 2018, Canada saw an increase in home and property prices of up to 337% in some cities. [2] In 2016, the OECD warned that Canada's financial stability was at risk due to elevated housing prices, investment and household debt. [3] By 2018, home-owning costs were above 1990 levels when Canada saw its last housing bubble burst. [4]