Fact-check · Sep 9, 2026 · Donald Trump
“Economic recession that they lied to us about”
FALSE
What the record shows
No recession occurred during the Biden administration (2021-2025). The NBER Business Cycle Dating Committee's most recent recession ended in April 2020. No new recession peak has been declared since then.
Sources
- ICYMI: There Was No Recession | The American Presidency Project
- FACT CHECK: Setting the Record Straight on Bidenomics | The U.S. House Committee on the Budget - House Budget Committee
- DNC speakers claim Biden inherited economy in disarray. Economists say it's more complicated. - ABC News
- Joe Biden 2024 presidential campaign
- The Biden Recession is Coming…
- Treasury Releases New Analysis Highlighting the U.S. Economy’s Historic Post-Pandemic Recovery Driven by the Biden Administration’s Policy Agenda | U.S. Department of the Treasury
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