Fact check: Biden falsely claims US has 'fastest-growing economy in the world'
#1

By Daniel Dale, CNN

Updated 2256 GMT (0656 HKT) June 10, 2022


......

Facts First: Biden's claim is false. The US economy grew by 5.7% in 2021, but more than 50 other countries had faster growth that year, figures published by the International Monetary Fund show; many of them are small or developing countries, but some of them are large or wealthy. In addition, the US economy shrank in the first quarter of 2022, while various other countries experienced growth. And while economic experts expect the US economy to resume growing over the rest of this year, a significant number of other countries are expected to grow faster.

......

Among the dozens of countries that saw faster real GDP growth than the US in 2021 were Ireland (13.5%), Chile (11.7%), Turkey (11%), Colombia (10.6%), India (8.7% for the fiscal year that began in April 2021), Greece (8.3%), Israel (8.2%), China (8.1%), the United Kingdom (7.4%), France (7%) and Italy (6.6%)


https://edition.cnn.com/2022/06/10/polit...index.html
Reply


Messages In This Thread

Forum Jump:


Users browsing this thread: 1 Guest(s)