Dear Joe,
President Trump has often bragged that he has been a better job creator than Barack Obama. The record doesn't show this. There are many comparison markers.
The economy added more jobs in each of Obama's last four years than in Trump's first year. Obama (in millions of jobs): 2013 - 2.302; 2014 - 2.998; 2015 - 2.713; and 2016 - 2.240. Trump: 2.040 in 2017.
Under Obama: 4.3 million jobs were added in the first 20 months, versus 3.8 million under Trump. Under Obama: 8.1 million jobs were added in his first three years, versus 6.6 jobs under Trump's first three years. Trump's first big job creation month was August 2017, when 232,000 jobs were added. That number was exceeded in 28 months in Obama's two terms.
It should be understood that every comparison month is eight years later than Obama's comparison month. Therefore, given that the U.S. population continues to grow, Trump has more adults in the workforce, and his numbers should be higher on that fact alone.
No comments:
Post a Comment