Biden Defends Economic Record, Warns Trump Policies Could Reverse Progress

In a Brookings Institution speech, President Biden highlighted economic gains under his administration while criticizing President-elect Trump's proposed tariffs and tax cuts.

President Joe Biden emphasized his administration's achievements, including 16 million jobs added, easing inflation, and investments in infrastructure, clean energy, and manufacturing.
Biden warned that President-elect Donald Trump's proposed tariffs on imports and renewed tax cuts for the wealthy could harm the economy and raise costs for American consumers.
The outgoing president called Trump's economic plans a return to 'trickle-down economics' and criticized the Heritage Foundation's Project 2025 as a potential 'economic disaster.'
Biden acknowledged public frustration with inflation during his term but described the current economy as the 'strongest in modern history' and a benchmark for the next administration.
Reflecting on his presidency, Biden expressed regret over not putting his name on pandemic relief checks, contrasting it with Trump's approach during his first term.