President Joe Biden will leave the White House with a strong economy, historic gains in the job market, a foundation for future manufacturing growth, and having brought down decades-high inflation without triggering a recession.

Shortly after Biden took office in January 2021, inflation began to surge. The Covid-19 pandemic and the supply-chain crisis that followed, combined with generous stimulus spending and Russia’s invasion of Ukraine in early 2022 had created a perfect storm of inflationary pressures that resulted in prices climbing faster than they had since the early 1980s.

It is report card time for the 46th president of the United States. Unfortunately for President Joe Biden, he does not make the grade.

The economy rebounded strongly from the COVID shock, but the U.S. continues to grapple with a cost-of-living crisis and spiraling federal debt.

Jared Bernstein, the outgoing chair of the Council of Economic Advisers, says that Donald Trump is inheriting a strong economy, but with less freedom to maneuver than he had during his first term.

Joe Biden will undoubtedly paint a picture of a successful tenure as president. But I won't be fooled – and neither should other Americans.

Joe Biden is about to leave office with a series of missteps that have tainted his legacy as president, experts told Newsweek. Newsweek has contacted the White House for comment via email. Biden entered office in January 2021 with a promise to provide a sharp contrast what some perceived as a chaotic Donald Trump administration.

Democrats have many electoral advantages. They have a solid base of college-educated professionals, women and minorities. Many of the swing voters who have helped them win the popular vote in

Republicans are taking control of the House, the Senate, and the White House for only the third time since the presidency of Dwight Eisenhower.

Biden said Republican-led states "really screwed up in terms of the way they handled their economy" in the wake of the COVID-19 pandemic.

The president can believe what he wants to believe, and at this point, there appears to be no convincing him otherwise.

Historians say it will take years to fully assess Joe Biden's legacy, but several spoke to ABC News to offer a glimpse of their view on his presidency.