True, but it was the beginning of the pandemic and they shut down the economy. I didn't like Menuchin talking about "liquidity" every day, being so willing to print more money. Not good. But at least we had a pre-pandemic record setting economy, low unemployment, low inflation, middle-income financial growth, energy independence, stock markey valuation, and were on track to close the deficit.
We have almost the polar opposite now. The only thing holding this economy together for now is the government printing money and strong corporate earnings. The consumer sector, the biggest piece of the economy, is not doing well, and is about to jump off a cliff.
Go ahead and keep drinking the Biden Kool-Aid. 69% of the country has had enough.