Latest US gross domestic product figures released before the election, out last weekIt predicts inflation-adjusted growth will be just over 3 percent annually since Joe Biden took office; If this continues for his entire term, his presidency will be by far the best in terms of economic growth since Bill Clinton’s. This is well ahead of the 2.1 percent annual GDP growth under his predecessor and potential successor, Donald Trump.

Trump, of course, faced a global pandemic in the final year of his term; so there is a reasonable argument to also look at GDP growth during his pre-Covid-19 administration, which was 2.9% year-on-year. Slightly less than during Biden’s term. There’s also an argument for ignoring Biden’s first year in office because the economy was still recovering from Covid – though real GDP had already recovered all its pandemic losses and some in the first quarter of 2021 – which puts its growth rate at 2.7% .