Former US President Donald Trump was criticized on Friday for destroying the strong economy, while current President Joe Biden was defended for his measures to keep the country on a growth path.
Mark Cuban, who is an American billionaire and investor, revealed that Donald Trump squandered the economy.
On X, formerly Twitter, Cuban showed a graph showing 12 months of positive real wage growth in the United States.
The 65-year-old said: “Imagine looking at this graph and not realizing that your man underperformed in the Obama economy he inherited and revealed all the wage growth trends that existed when he took office.”
The graph presents year-over-year data for the years of Barack Obama, Donald Trump and Joe Biden.
A user, cited by The hill report, argued that Mark Cuban was ignoring the absence of any negative wage growth under former President Trump.
“You can't brag about Biden's 'wage growth' because the line is positive and then ignore the lack of negative wage growth in the Trump administration,” they said.
The graph showed, according to the outlet, before 12 consecutive months of real wage growth, meaning wages outpaced inflation, Biden presided over 25 consecutive months of negative real wage growth.
“I just showed the graph. No comments,” Cuban said.
“The facts are that Obama and Biden inherited the Great Recession and Covid, both generational problems, and over time they turned the economy positive.”
“The man among them inherited a booming economy and, in terms of wage growth, slowed it down,” he added. “Is that what the numbers tell you?”
