welcome
CNBC

CNBC

Business

Business & Economics

All negative economic data is 'Biden data' and Trump will fix the economy, Commerce chief Lutnick says

CNBC
Summary
Nutrition label

72% Informative

Commerce Secretary Howard Lutnick argued that former President Joe Biden is to blame for recent negative economic data and plunge in stock prices.

In fact, the U.S. economy grew by 2.8% in the past year , and inflation rate in December was 2.9% - well below the 40-year high of 9.1% hit in June 2022 .

VR Score

79

Informative language

81

Neutral language

36

Article tone

formal

Language

English

Language complexity

46

Offensive language

possibly offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

Affiliate links

no affiliate links