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

Screenshot of Cindy Hyde-Smith; a cow in a pasture
WLOX News Now; Silas Stein/Picture Alliance via Getty Images

MAGA Senator Faces Backlash For Dodging Question About High Beef Prices—And People Are Having A Cow

Mississippi Republican Senator Cindy Hyde-Smith is facing backlash after dodging a question about high beef prices amid the nationwide affordability crisis and telling WLOX news viewers that they have "so many proteins to choose from."

Last month, Agriculture Secretary Brooke Rollins claimed that food prices were coming down, even as the Consumer Price Index shows grocery costs rose 0.7% in December. Beef, which Rollins elevated near the top of the food pyramid in the dietary guidelines she recently unveiled, increased 1% over the month and was up 16.4% compared with a year earlier.

Keep ReadingShow less
Jamie Lee Curtis (left) pens a tribute to Robert Carradine (right) about their decades-long careers in Hollywood.
JC Olivera/Variety via Getty Images; Steve Granitz/FilmMagic via Getty Images

Jamie Lee Curtis Pens Poignant Tribute To 'First Love' Robert Carradine After His Tragic Death

Jamie Lee Curtis is remembering her “first love.”

The Oscar winner took to Instagram on Tuesday to mourn Robert Carradine, the beloved character actor best known for portraying Lewis Skolnick in Revenge of the Nerds and Sam McGuire in Lizzie McGuire. He was 71.

Keep ReadingShow less
Katherine Short and Martin Short
Gregg DeGuire/FilmMagic/Getty Images

Fans Are Being Reminded Of How Much Tragedy Martin Short Has Experienced After The Death Of His Daughter

There's a saying that the funniest people among us are typically the ones who have suffered the greatest losses or who struggle the most with their mental health, and Martin Short is unfortunately no exception.

While we've all experienced losses, Martin Short has suffered too much loss for one person, starting from a young age.

Keep ReadingShow less
Flavor Flav Extends Vegas Party To All U.S. Female Olympic Medal Winners After Trump Diss—And We Love To See It
Andrew Milligan/PA Images via Getty Images

Flavor Flav Extends Vegas Party To All U.S. Female Olympic Medal Winners After Trump Diss—And We Love To See It

Rap icon and TV personality Flavor Flav is really outdoing himself at the game of being a stand-up guy, especially where female Olympians are concerned!

Flav was one of the first celebrities to speak out after Donald Trump's disgusting sexist comments about the U.S. women's hockey team while congratulation the men's team on their gold medal.

Keep ReadingShow less
Donald Trump; Robert De Niro
Andrew Harnik/Getty Images; Monica Schipper/Getty Images

Trump Calls For Robert De Niro To Be Deported After His Blistering 'State Of The Swamp' Speech

President Donald Trump lashed out at actor Robert De Niro, threatening him with deportation after the legendary actor joined fellow celebrities and Democratic politicians for an alternative "State of the Swamp" event during Trump's rambling State of the Union address.

The event was put together by the anti-Trump organization Defiance.org alongside the artist-activist collective Portland Frog Brigade and the advocacy media network Courier. Organizers described it as a response to what they describe as "abuses of power" by Trump, as well as by figures who have previously served in his orbit.

Keep ReadingShow less