Saturday, February 15, 2020

Trump's Job Production Is Short Of Obama's


Donald Trump continues to brag about producing the "Greatest economy ever". One of the factors he uses to claim that is the economy's job production during his first three years. He would have you believe that he has produced massive job growth -- better than other presidents have done.

That is simply not true. The chart above shows the job growth in the economy during Barack Obama's last three years (after he got the economy back on track) and the job growth during Trump's first three years. Note that none of Trump's years match the job growth during Obama's years.

Here is what Chuck Jones of Forbes Magazine said:

Trump continually says that, “the U.S. is experiencing the best economy ever.” This is obvious gaslighting since the new results show that President Trump’s best year of job growth was 2.314 million in 2018 (the first year of the tax cut) but it falls short of any of Obama’s last three years. His boasts also don’t stand up when you peel the onion on GDP growth and realize that the Federal deficits during his Presidency will exceed any that were not impacted by a recession.

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