“We also built the greatest economy in the history of the world…Powered by these policies, we built the greatest economy in the history of the world.”
This is Trump’s favorite false claim, so there should be no surprise he said it twice in his farewell address. (In this database, we only count a falsehood once per venue.) By just about any key measure in the modern era, Dwight D. Eisenhower, Lyndon B. Johnson and Bill Clinton presided over stronger economic growth than Trump. The gross domestic product grew at an annual rate of 2.3 percent in 2019, slipping from 2.9 percent in 2018 and 2.4 percent in 2017. But in 1997, 1998 and 1999, GDP grew 4.5 percent, 4.5 percent and 4.7 percent, respectively. Yet even that period paled in comparison with the postwar boom in the 1950s or the 1960s. Growth between 1962 and 1966 ranged from 4.4 percent to 6.6 percent. In 1950 and 1951, it was 8.7 percent and 8 percent, respectively. Meanwhile, the unemployment rate reached a low of 3.5 percent under Trump, but it dipped as low as 2.5 percent in 1953. (After the novel coronavirus tanked the economy, Trump jacked up his claim even more, falsely saying it had been the greatest economy in the history of the world.) This marks the 493rd time that Trump used a variation of this line, meaning he said it on average every other day.
Powerful, detailed article. Beaucoup information, facts galore – and verifiable, unlike the crap still peddled by “leaders” of the republican Party. Click the link up above to RTFA.
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