Trump era showed us the highest economic contraction in more than 80 years


Trump will try to promote a "recovery" this weekend. But the new numbers are merely a "bounce" from the biggest economic contraction ever recorded and the highest unemployment rate in more than 80 years. The economy has not "recovered." The virus is still out of control.

Claim: President Trump sais he built the greatest ever US economy prior to the coronavirus outbreak.

Fact : The US economy has been hit by the biggest economic contraction ever recorded and the highest unemployment rate in more than 80 years. 

During his first three years in office, President Trump oversaw an annual average growth of 2.5%.

The last three years of the Obama administration saw a similar level of growth (2.3%) along with a significantly higher figure (5.5%) in mid-2014.


Comments

Popular posts from this blog

Issue of victory for Trump is a matter of life and death: Analyst

Food prices are a major source of inflation in Saudi Arabia which rose to 11% in February

Chicago Police release footage of officer fatally shooting 13-year-old boy