Trump compares current economy to 2020 as he campaigns against Harris

Donald Trump is comparing the current economic situation to four years ago as he campaigns against Kamala Harris. In 2020, the U.S. faced significant challenges, including a drop in life expectancy and a severe economic downturn due to the COVID-19 pandemic. Recent data shows the economy is now 11.5% larger than at the end of 2019, with growth rates similar to pre-pandemic levels. Inflation has declined, but many consumers remain concerned about high prices, despite incomes keeping pace with inflation. The unemployment rate has improved, averaging lower from 2022 to 2024 than during Trump's presidency. Overall, household net worth has increased in the post-COVID years, reflecting a recovery in wealth for those invested in the stock market or real estate.