Thats not true. I like to look at the whole picture and here it is.
Trump picked up a strong economy and it ran fairly well underneath him. There were issue such as the ballooning debt from the tax cuts, too low of interest rates, and a fairly low GDP growth rate that was slowing.
Then covid hit and GDP plummeted, unemployment shot up. Stimulus replaced a lot of lost GDP but not all. It was hard to get people to work during a pandemic and wages started rising. When the economy came out of covid lock down there wasnt enough supply of goods or supply of workers so wages and prices rose. Wages rose first then prices.
Biden took over with wages already high and prices rising. Companies took advantage of low inventories and made good profits. Stocks shot up. Bonuses were good. Wage earners were paid more but found that more money just bought the same amount of goods and thus they feel more poor even though things are about the same.
Now years after covid the economy has dramatically shifted in some sectors like entertainment streaming, home delivery etc and there are fortunes being made and fortunes being lost in the shifts. All things being equal we have done way better than our peers because we have the most nimble economy in the world, rock sold demand for dollars, and stable leadership.