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TexasTowelie

(112,326 posts)
Sat Jan 20, 2018, 06:33 AM Jan 2018

Trump's Biggest 'Accomplishment' is Taking Credit for Obama's Economy

Despite what Donald Trump, Fox News, and the rest of the conservative media say — or what their supporters want to believe — the economy was doing well long before this “president” was sworn into office. In fact, the economy was strong during the vast majority of Barack Obama’s presidency. Unemployment fell below 5 percent, we set a record for consecutive months of private sector job growth, corporate profits set records, as did the stock markets.

Yes, stocks have done remarkably well under Trump. However, as much as he likes to bring up the stock market, that’s just one of many indicators of how well the economy is doing. It also brings me back to my point that stocks were rising well before he started calling himself “president.” So it’s not as if they were flat, or trending down, prior to his election.

Any rational person can look at the economic data over the past year and see that it’s nothing more than a continuation of what we saw for most 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 wondering, as of writing this (January 19, 2018), the unemployment rate is 4.1%.

Read more: https://forwardprogressives.com/trumps-biggest-accomplishment-is-taking-credit-for-obamas-economy/
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Trump's Biggest 'Accomplishment' is Taking Credit for Obama's Economy (Original Post) TexasTowelie Jan 2018 OP
That's pretty much it! Rhiannon12866 Jan 2018 #1
Yet he's proven that he can't hold the government together. C_U_L8R Jan 2018 #2

Rhiannon12866

(205,731 posts)
1. That's pretty much it!
Sat Jan 20, 2018, 06:44 AM
Jan 2018

From what I've seen, all he's done is travel around the country bragging about things that aren't true and making promises he can't remember the next day - when he isn't playing golf.

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