- Feb 22, 2017
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Donald Trump should have worn a MAGA hat and shorts at Davos to look more like an elementary schoolboy.
His speech was very stilted and he lied about all aspects of the economy. He said the earnings of the middle and lower classes were rising faster than the earnings of the top 10% which is a blatant lie.
GDP growth under Trump is not any higher than it was under Obama.
Obama created more jobs in his last three years than Trump has in his three years.
The only aspect that Trump is better than Obama is creating debt. Debt is growing faster than the GDP during Trump's tenure.
If anyone is lying its you and your TDS Denizen. Look at the following graphs disproving your lies about Trump.
1. Middle-Class Incomes Surging – Thanks to Trump Policies
Middle-class incomes, after adjusting for inflation, have surged by $5,003 since Donald Trump became president in January 2017.
As a percentage of income Trump appears to be right.
GDP Growth under Trump's first 2 years appears higher than Obama's last 2-years
2. I don't see Obama's job growth coming out of the "Great Recession" as any better than Trump's current job growth
3. Trump's Debt growth looks about the same as Obama's. So that's another lie by Denizen
Thank you for highlighting how Trump has done not much better than Obama, if at all.
With the US at "full employment" and unemployment rate at about 3.5% how can you expect more job growth?
I'm happy with a participation rate slowly increasing under Trump after sliding down under Obama.
View attachment 301694
The LFPR is at a good level. The thing most do not realize is that it going up can indicate a weakening economy as families need a 2nd income to survive or people cannot afford to retire.