Catherine Rampell in WaPo on Trump's banality...
In recent days, President Trump and allies have offered a fulsome defense of a presidential economic record.
Alas, the presidential record they’re describing isn’t Trump’s. It belongs to his predecessor, Barack Obama. And perhaps also to Obama’s second-in-command, Joe Biden.
Team Trump, in promulgating the myth of Trump’s economic genius, has recently doubled down on a false narrative: that Trump inherited a recession and magically turned it into a boom. This is almost the exact reverse of events of the past 3½ years. In reality Trump inherited from Obama an expansion — one that, in retrospect, turned out to be the longest in U.S. history — and converted it into a bust.
Not just any bust; a possible depression, at least for the working class.
But Trump has asked to be judged by cold, hard economic metrics. So let’s indulge him.
Right now, employment is down, on net, 6 million jobs since Trump became president. Contrary to White House adviser Peter Navarro’s christening of Trump as “the greatest jobs president” in history, Trump is on track to become the worst jobs president on record.
That is, if not reelected, he will likely become the first president since modern employment statistics were recorded to leave office with fewer jobs than there were at his inauguration.
Meanwhile, Vice President Pence fear-mongers that “our economic recovery is on the ballot.” Kudlow warns that a vote for Biden means turning “back to the dark days of stagnation, recession and pessimism.”
@Madken65 I cant view the post through the paywall, however, if the WP is saying what you posted,
"he will likely become the first president since modern employment statistics were recorded to leave office with fewer jobs than there were at his inauguration."
that statement by the Post is inaccurate.
Look at the unemployment rate Jan 2001 and Jan 2009.
https://www.bls.gov/charts/employment-situation/civilian-unemployment-rate.htm
@Madken65 I "buy very little" when it comes down to opinion vs statistics. that's why I usually do my own research.
@LibertySpeaks I do realize there are times when some of these writers will 'stretch' some things, but predominantly they get it right...and I'm more focused on trends rather than discrete factoids.
But glad there are peeps like you who continue to peel the onion well...
@Madken65 Thank you, and with all layers, once peeled, the factoids do sometimes become less discrete. :)
@LibertySpeaks Amen, what I love about this place is the complementary nature of it...We help each other out, that speaks volumes
@LibertySpeaks Not sure what parameters Rampell used for her report, but we both get the point of all of this...
Trump distorts his record and we're supposed to buy it.
I'm not...