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Writing is the Wall Street Journal, Former CEO Andy Puzder claims that Trump’s economy easily wins over Obama when you look at the numbers.
Obama’s last six full quarters in office GDP growth averaged 1.5%. Trumps first full six quarters in office GDP growth averaged 3%.
Obama’s last 21 months in office, job openings increased an average of 900 a month. Trump’s first 21 months in office, job openings increased an average of 75,000 a month.
Obama’s last 21 months in office, the number of Americans employed increased an average of 157,000 a month. Trumps’ First 21 months in office, the number of Americans employed increased an average of 214,000 a month.
Obama’s last 21 months in office, weekly earnings rose an average of $1.31. Trumps first 21 months average weekly earnings rose an average of $1.84 before tax cuts, after tax cuts the weekly average increase rose to $2.31.
Obama’s last 21 months in office, unemployment declined 13% from what it was at the beginning of that time period. Trump’s first 21 months in office, unemployment declined 23% from what it was at the beginning of that time period.
(First quarter of 2017 was not counted in GDP stats because both Presidents shared it. The time period is 21 months because although elected a smidge over 2 years ago Trump has been in office a smidge over 21 months.)
The WSJ article is behind a pay wall. This link has the entire article along with Op Ed commentary, as well as a link to the original WSJ article if you with to subscribe.
https://themoneymanifesto.com/2018/11/26/the-trump-economy-v-the-obama-economy/
Obama’s last six full quarters in office GDP growth averaged 1.5%. Trumps first full six quarters in office GDP growth averaged 3%.
Obama’s last 21 months in office, job openings increased an average of 900 a month. Trump’s first 21 months in office, job openings increased an average of 75,000 a month.
Obama’s last 21 months in office, the number of Americans employed increased an average of 157,000 a month. Trumps’ First 21 months in office, the number of Americans employed increased an average of 214,000 a month.
Obama’s last 21 months in office, weekly earnings rose an average of $1.31. Trumps first 21 months average weekly earnings rose an average of $1.84 before tax cuts, after tax cuts the weekly average increase rose to $2.31.
Obama’s last 21 months in office, unemployment declined 13% from what it was at the beginning of that time period. Trump’s first 21 months in office, unemployment declined 23% from what it was at the beginning of that time period.
(First quarter of 2017 was not counted in GDP stats because both Presidents shared it. The time period is 21 months because although elected a smidge over 2 years ago Trump has been in office a smidge over 21 months.)
The WSJ article is behind a pay wall. This link has the entire article along with Op Ed commentary, as well as a link to the original WSJ article if you with to subscribe.
https://themoneymanifesto.com/2018/11/26/the-trump-economy-v-the-obama-economy/