WASHINGTON – Despite promising growth as high as 6%, President Donald Trump presided over an economy that grew at just 1.9% in the third quarter — a figure that Trump said signaled an economy “in deep trouble” when it happened under his predecessor.
The Commerce Department report released Wednesday was the second of the past four indicating a growth rate below 2%. That will likely result in an overall growth rate of under 2% for all of 2019, the year before Trump runs for reelection.
As it stands, Trump’s growth rate in 2019 has averaged 2.33%, which is slightly lower than former President Barack Obama’s 2.37% average during the four years of his second term, according to a HuffPost analysis of Commerce Department data.
Trump Delivering Only A Fraction Of The 6% Economic Growth He Promised
Most sane people knew Trump was lying when he promised it. He also promised to erase the national debt - instead it is soaring. The growth rate performed better under President Obama.
The Commerce Department report released Wednesday was the second of the past four indicating a growth rate below 2%. That will likely result in an overall growth rate of under 2% for all of 2019, the year before Trump runs for reelection.
As it stands, Trump’s growth rate in 2019 has averaged 2.33%, which is slightly lower than former President Barack Obama’s 2.37% average during the four years of his second term, according to a HuffPost analysis of Commerce Department data.
Trump Delivering Only A Fraction Of The 6% Economic Growth He Promised
Most sane people knew Trump was lying when he promised it. He also promised to erase the national debt - instead it is soaring. The growth rate performed better under President Obama.