White House insists Biden, Harris have 'one of most successful administrations in history' despite 2024 loss

Just weeks aft Vice President Kamala Harris’ overwhelming nonaccomplishment to President-elect Donald Trump successful the 2024 statesmanlike election, the White House released a memo that hailed the Biden-Harris medication arsenic 1 of the astir palmy successful history.

The memo shared connected Monday highlighted however President Biden and Harris took bureau during the COVID-19 pandemic and a "reeling" economy, earlier going connected to telephone their medication "one of the astir palmy administrations successful history" which "will beryllium leaving down the champion system successful the world."

"Under President Biden and Vice President Harris’ leadership, 16 cardinal jobs person been created, and we’ve gotten women and radical of colour backmost successful the labour unit astatine grounds rates," the memo stated. "A grounds 20 cardinal caller concern applications person been filed, and ostentation is down to adjacent pre-pandemic levels."

The White House added that "our success" successful these areas was owed to "passing and implementing authorities that rebuilt our nation’s infrastructure, made the largest concern successful clime enactment successful history, lowered medicine cause costs, and spurred a manufacturing renaissance."

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The White House released a memo connected Monday calling the Biden-Harris medication "one of the astir palmy administrations successful history." (Anna Moneymaker/Getty Images, File)

The memo quotes unnamed "business leaders" calling the U.S. economy "among the champion performing economies" successful decades.

The latest jobs study released earlier this month, however, appears to amusement a antithetic story.

The Labor Department study shows that conscionable 12,000 jobs were created in October, acold beneath estimates of up to 120,000 and were the lowest successful 4 years. The unemployment rate was 4.1%, successful enactment with expectations.

President Biden bowed retired of the 2024 statesmanlike contention successful July pursuing a dismal statement show against erstwhile President Donald Trump and questions implicit his intelligence fitness. Vice President Kamala Harris past led the Democratic ticket, yet losing to Trump. (Andrew Leyden/NurPhoto via Getty Images, File)

The cumulative effect of inflation has continued to measurement connected galore Americans.

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The Labor Department’s ostentation study for October recovered that the consumer terms scale — a wide measurement of however overmuch mundane goods similar gasoline, groceries and rent outgo — was up 2.6% from a twelvemonth agone for the U.S. arsenic a whole, successful enactment with expectations arsenic ostentation ticked higher amid a broader cooling trend.

Days up of the statesmanlike election, Trump run nationalist property caput Karoline Leavitt argued that "this jobs study is simply a catastrophe and definitively reveals however badly Kamala Harris broke our economy."

President-elect Donald Trump overwhelmingly defeated Vice President Kamala Harris successful the 2024 statesmanlike election, winning some the electoral assemblage and fashionable vote. (Chip Somodevilla/Getty Images, File)

On Election Day, the volition of the American radical was reflected successful the ballot totals and appeared to amusement a referendum connected the policies of the Biden-Harris administration.

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Trump beat Harris with a resounding 312 electoral votes to Harris’ 226, and with implicit 2 cardinal much votes successful the fashionable vote.

Fox News Digital’s Paul Steinhauser and Fox Business’ Eric Revell contributed to this report.