Skip to content
Search AI Powered

Latest Stories

Donald Trump Just Tweeted a Bonkers Claim About the Economic Recovery, and Twitter Is Bringing the Receipts

Donald Trump Just Tweeted a Bonkers Claim About the Economic Recovery, and Twitter Is Bringing the Receipts
WASHINGTON, DC - SEPTEMBER 19: U.S. President Donald Trump speaks to members of the media prior to a Marine One departure at the South Lawn of the White House September 19, 2018 in Washington, DC. President Trump is traveling to North and South Carolinas to visit the area that was affected by Hurricane Florence. (Photo by Alex Wong/Getty Images)

Nope.

President Donald Trump, in a couple of tweets earlier today, quoted Fox News contributor Peter Ferrara, who, in an appearance on "Fox and Friends"––the president's show of choice––claimed that the nation's economic recovery "got started on Election Day 2016." Ferrara, an attorney and policy analyst, credited Trump's "tax cuts and regulation cuts" for the healthy economy.


This claim was quickly shown to be incorrect. Digital strategist John Aravosis pointed out that economy actually grew faster under Trump's predecessor.

In fact, economists agree former President Barack Obama essentially handed Trump a thriving economy, a fact many won't let Trump––who has often taken credit for Obama's successess––forget.

It was Aaron Sojourner, a labor economist and associate professor at the University of Minnesota's Carlson School of Management, who provided the most succinct counters to the president's claim.

Sojourner debunked Trump's claim, using data on everything from jobs...

...to unemployment rates...

...to job openings...

...to the number of initial jobless claims...

...to the trend in the U.S. gross domestic product...

...and even real median household income.

This is far from the first time Trump––and the White House––has attempted to obfuscate Obama's legacy.

Last month, in a tweet touting U.S. job growth under Trump, the White House accidentally put the strength of the economy into its proper context by amplifying a graph showing 94 months of consecutive job growth, going back to 2011.

When Barack Obama was president.

This context is usually conveniently missing from Trump’s claims about the economy, of course. And if you click through to the whitehouse.gov article linked in the tweet, they once again do their best to conflate the record number of consecutive months of growth with the presidency of Donald Trump:

"The United States economy is continuing its longest streak of consecutive positive monthly job growth at 94 months, with 3.9 million jobs created since President Donald J. Trump was elected in November 2016."

And no, this didn't escape the eagle eyes of social media then, either.

Given what we know about when Obama was president and when Trump entered office, it stands to reason that the current rate of U.S. job growth does not indicate, as the White House suggests, “that the American labor market is thriving under the Trump Administration’s pro-growth policies.”

Although Trump has often claimed that the economy has "never been better," economists have warned that U.S. job growth is largely the result of government borrowing, and there will be more borrowing as the federal deficit rises because of the president’s tax cuts. This progress, unfortunately, is unlikely to be sustainable after a few quarters. And although the United States is on track to add 2.6 million jobs this year, an Associated Press investigation found that the boom favors Democratic strongholds, not areas which Trump won in 2016.

More from People/donald-trump

Kristi Noem; Kristi Noem's portrait and stuffed dogs at Cricket memorial
Kevin Dietsch/Getty Images; @krassenstein/X

Someone Just Created A Mock Memorial For Kristi Noem's Dead Puppy—And The Internet Has A New Hero

Social media users cheered after video emerged of a mock memorial erected in Chicago for the dog Homeland Security Secretary Kristi Noem admitted shooting to death on her farm.

Noem once killed her "untrainable" 14-month-old puppy, Cricket, because she wasn't good at hunting and was too excitable.

Keep ReadingShow less
Karoline Leavitt
Saul Loeb/AFP via Getty Images

Karoline Leavitt Gets Awkward Reminder After Claiming Anything On Truth Social Is 'Directly From President Trump'

During the Wednesday press briefing, White House Press Secretary Karoline Leavitt directly contradicted her boss, MAGA Republican President Donald Trump.

Leavitt told the White House press corps:

Keep ReadingShow less
Keke Palmer attends the 8th Annual American Black Film Festival Honors at SLS Hotel.
Savion Washington/WireImage via Getty Images

Keke Palmer Explains Why She's 'Almost 100% Sure' She's Asexual In Candid Post—And Fans Are Here For Her

Keke Palmer had the internet talking after revealing she is “almost 100 percent sure” that she’s asexual. The Emmy-winning actress shared the revelation in a sultry Valentine’s Day Instagram post featuring a chic pixie cut, a champagne-toned halter corset top, a thin gold necklace, and stud earrings.

But while the photos turned heads, it was her caption that sparked the conversation.

Keep ReadingShow less
Reese's Peanut Butter Cups; Brad Reese's Open Letter to Todd Scott
Julia Ewan/TWP/Getty Images; Brad Reese/LinkedIn

Grandson Of Reese's Founder Shames Hershey Co. For 'Replacing' Candy's Iconic Ingredients In Powerful Open Letter

Brad Reese, the grandson of H.B. Reese, who invented Reese's Peanut Butter Cups, is now speaking up about the quality of the product and his grandfather's original promise: real peanut butter and real milk chocolate.

When H.B. Reese invented the deliciously simple candy, he pointed out that using real ingredients wasn't a marketing tactic for him; it was a promise to the consumer that they knew what they were eating, and that what they were eating was real food.

Keep ReadingShow less
Elon Musk
Harun Ozalp/Anadolu via Getty Images

X User Asks What The First Thing You'd Do If You 'Wake Up As Elon Musk'—And Everyone Had The Same Idea

Billionaire Elon Musk was widely mocked on his own platform after X user @buffys opened a veritable Pandora's box by asking what people would do if they woke up as him one day.

The question was simple:

Keep ReadingShow less