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Related: About this forumHow strong has job growth been on Donald Trump's watch?
How strong has job growth been on Donald Trump's watch?
By Louis Jacobson on Wednesday, September 20th, 2017 at 10:54 a.m.
While presidential speeches to the United Nations usually focus on foreign policy, President Donald Trump began his by touting domestic accomplishments on his watch.
"Fortunately, the United States has done very well since Election Day last Nov. 8," he said while addressing the General Assembly on Sept. 19, 2017. "The stock market is at an all-time high, a record. Unemployment is at its lowest level in 16 years, and because of our regulatory and other reforms, we have more people working in the United States today than ever before. Companies are moving back, creating job growth the likes of which our country has not seen in a very long time."
We decided to check his assertion that "companies are moving back, creating job growth the likes of which our country has not seen in a very long time."
We found that Trump exaggerated the job growth (it's not unprecedented), but there is some truth to his point about companies moving back to the country.
By Louis Jacobson on Wednesday, September 20th, 2017 at 10:54 a.m.
While presidential speeches to the United Nations usually focus on foreign policy, President Donald Trump began his by touting domestic accomplishments on his watch.
"Fortunately, the United States has done very well since Election Day last Nov. 8," he said while addressing the General Assembly on Sept. 19, 2017. "The stock market is at an all-time high, a record. Unemployment is at its lowest level in 16 years, and because of our regulatory and other reforms, we have more people working in the United States today than ever before. Companies are moving back, creating job growth the likes of which our country has not seen in a very long time."
We decided to check his assertion that "companies are moving back, creating job growth the likes of which our country has not seen in a very long time."
We found that Trump exaggerated the job growth (it's not unprecedented), but there is some truth to his point about companies moving back to the country.
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How strong has job growth been on Donald Trump's watch? (Original Post)
mahatmakanejeeves
Sep 2017
OP
Hoyt
(54,770 posts)1. We might as well get used to Trump taking credit for everything positive on the economy, while
blaming Obama on anything negative.
Turbineguy
(37,364 posts)2. Latency.
Inertia.
The important thing is when the change of direction takes place. Trump is floating on Obama's life raft.
Wellstone ruled
(34,661 posts)3. If the ACA is killed off,
we will see a Black Monday the first week of October. Suspect the Health Care related stocks will get smashed and within two weeks,the Lay offs will start. Remember,this is all happening during Policy Renewal Season. Now that the IRS is not penalizing you for not buying Health Insurance,watch out below.