Trump’s Greatest ‘Accomplishment’ is Taking Credit for Obama’s Economy

Regardless Of what Donald Trump, Fox News, and the rest of the conservative media say– or exactly what their advocates wish to believe– the economy was doing well long prior to this “president” was sworn into office. In reality, the economy was strong throughout the vast bulk of Barack Obama’s presidency. Unemployment fell below 5 percent, we set a record for consecutive months of economic sector job development, corporate revenues set records, as did the stock markets.Yes, stocks have done incredibly well under Trump. As much as he likes to bring up the stock market, that’s simply one of lots of signs of how well the economy is doing. It likewise brings me back to my point that stocks were rising well prior to he started calling himself “president.”It’s not as if they were flat, or trending down, prior to his election.Any rational individual can look at the economic information over the past year and see that it’s absolutely nothing more than an extension of exactly what we saw for many of Obama’s presidency. Here are the unemployment rates for January for the years from 2010-2017:2010: 9.8%2011: 9.1%2012: 8.3%2013: 8.0%2014: 6.6 %2015: 5.7%2016: 4.9%2017: 4.8%For those questioning, since writing this(January 19, 2018), the unemployment rate is 4.1%

  • . So
  • as you can tell, there’s been a constant, and continuous
  • , downward trend in the unemployment rate long prior to Trump ended up being”president. “As for tasks, while we did have a strong year for job growth in 2017, it was really the worst year for jobs given that 2010.2010: 88k 2011: 174k 2012: 179k 2013: 192k 2014: 250k 2015: 226k 2016: 187k 2017: 171k I’m not saying it was a bad year but, statistically, it was the worst year for task development we have actually had in several years, creating roughly 16k lessjobs in 2017 than we performed in 2016.
    • At 171k jobs, it’s obvious
    • that number
    • follows the
    • trend we’ve seen
    • for task development dating back to 2011
    • . Trump can boast about the economy all he wants, which is his right as”president.”All the while I’m sure his supporters will continue to provide him credit for the present state of our economy– but none of that changes the reality of what the actual numbers tell us.Yes, Trump just passed a huge tax overhaul. Nevertheless, that costs had virtually no effect on 2017’s

      financial numbers. We will not see the results of Trump’s tax costs for a while. If tasks and salaries unexpectedly see an enormous spike in 2018 then, yes, Trump would have the claim his tax costs caused those increases. Only time will tell as it associates with that.As for 2017’s economic numbers,

      Trump had next to absolutely nothing to do with financial data that any sane person might take a look at and inform is an extension of the economic success we saw throughout the majority of Obama’s presidency. The same economic success that Trump, himself, used to called”fake, “”bogus,”and a”hoax”– that he’s now trying to utilize to make himself look great. And Trump supporters question why numerous individuals call them silly. At the end of the day, through Trump’s first year in office, his greatest” achievement”is conning millions of individuals into giving him credit for the economicsuccess produced by Barack Obama. Make certain to follow me on Twitter, Facebook , and if you want to assist me keep combating political lack of knowledge please head over to my Patreon page. Facebook remarks