Trump may inherit economic gains, including infrastructure projects, amid low unemployment and easing inflation.

Former President Donald Trump could inherit and potentially take credit for infrastructure projects initiated by Biden, such as the TSMC chip plant in Arizona and Hyundai's electric vehicle factory in Georgia. Despite Trump's campaign criticism of Biden's policies, he may continue these multi-year projects. The economy shows low unemployment and easing inflation, with the Federal Reserve cutting rates, setting up potential growth. However, economists note that high government debt is driving much of this growth.

November 12, 2024
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