The concept of “Bidenflation” was initially met with skepticism as President Joe Biden took office. However, it has now become a topic of heated debate among economists and experts.
Contrary to predictions, the inflation surge under Biden did not lead to a severe job market downturn. Instead, the economy experienced a brief period of optimism following Donald Trump’s return to the White House.
This sudden shift in sentiment has led to renewed concerns about the state of the economy. As a result, discussions around recession are once again gaining traction.
The implications of this reversal are being closely watched by economists and policymakers alike.
Source: https://www.bostonglobe.com/2025/03/31/business/recession-2025