People say all kinds of things that don't turn out to be true, once the event has passed and there is hard data about it.
For instance, the campaign narrative of Joe Biden that then-President Donald Trump bungled the economy when the COVID pandemic hit, causing a severe contraction in the economy.
Turns out the GDP contraction was about 20% milder than initially reported (2.8% instead of 3.4%) and recovered more quickly than expected.
While in the 2nd quarter of 2020 when mandatory shutdowns were in force, the economy did shrink 29%, it was less than the 31% originally reported. And in the 3rd quarter, it recovered 35% instead of the 33% initially reported.
Without Biden's false narrative, he might not have been able to get elected. And he also would not have been able to enact the $1.9 trillion misnamed American Rescue Plan, which actually contributed greatly to the inflation currently ensnaring the nation.
Read the full story here.