Yahoo Web Search

Search results

  1. Here's how the economy under Trump stacked up to Obama and Bush, highlighted by nine charts addressing metrics like GDP growth, job gains, and unemployment among others. Visit Business Insider's...

  2. Mar 4, 2024 · We compared the nation’s economic performance not just under Biden and Trump but also under their three predecessors: Barack Obama, George W. Bush, and Bill Clinton.

    • Summary
    • Analysis
    • Jobs and Unemployment
    • Economic Growth
    • Income and Poverty
    • Regulations
    • Crime
    • Guns
    • Border Security
    • Corporate Profits

    The statistics for the entirety of Donald Trump’s time in office are nearly all compiled. As we did for his predecessor four years ago, we present a final look at the numbers. 1. The economy lost 2.9 million jobs. The unemployment rate increased by 1.6 percentage points to 6.3%. 2. Paychecks grew faster than inflation. Average weekly earnings for a...

    In the fall of 2020, we published a preelection update to our quarterly “Trump’s Numbers” series, and on President Joe Biden’s inauguration, we examined several statistical indicators on what he inherited. But as we noted then, the books weren’t yet closed on the Trump presidency. It takes several months for some of the data to be finalized. While ...

    As a candidate, Trump proclaimed: “I am going to be the greatest jobs president that God ever created.” As president, Trump saw 100 months of continuous U.S. monthly job gains end in February 2019 as the economy slowed. In 2020, job growth collapsed entirely when COVID-19 went from being a localized problem in Wuhan, China, to a global pandemic. Em...

    Even before the COVID-19 pandemic, the U.S. economy began slowing down. Thereal (inflation-adjusted) gross domestic product went up in Trump’s first two years, peaking at an estimated 2.9% in 2018 — the highest since 2005. But the economy grew only 2.3% in 2019and the bottom fell out in 2020. The real GDP declined 3.4% in 2020 from the previous yea...

    Household Income— Household income rose briskly under Trump before declining last year due to the pandemic. The Census Bureau’s latest report on “Income and Poverty in the United States,” which was released Sept. 14, showed that median household income reached$67,521 in 2020— a 2.9% decrease from2019 but an increase of $3,838 from 2016 when adjuste...

    The growth of federal regulation slowed to a crawl under Trump. The number of restrictive words and phrases (such as “shall,” “prohibited” or “may not”) contained in theCode of Federal Regulationsstayed below 1.08 million for most of 2019— a little below where it was when Trump took office. But as of the day he left office,the count had crept up to...

    Murders and aggravated assaults shot up dramatically under Trump, while most other types of crime declined. In his inaugural address, Trump darklyportrayed America as a country mired in poverty, drugs and crime. “This American carnage stops right here and stops right now,” he promised. But quite the contrary, the FBI’s annualCrime in the United Sta...

    Sales and production of guns slowed during Trump’s presidency — until COVID-19 concerns and protestsagainst policing triggered huge spikes last year. Handgun Production — In 2020, the annual production of pistols and revolvers in the U.S. set a new record of 6.3 million, according to interim figures from the Bureau of Alcohol, Tobacco, Firearms and...

    Illegal border crossings, as measured by apprehensions at the Southwest border, were 14.7% higher in Trump’s final year in office compared with the last full year before he was sworn in. That’s how we’ve been calculating this statistic going back to our “Numbers” articles for Obama. Although Trump boastedduring a speech in Alamo, Texas, just a week...

    After-taxcorporate profitsset new records in the first two years of Trump’s presidency — but declined slightly in 2019 and fell further still in 2020, when the pandemic forced businesses to close, some permanently. Still, after-tax corporate profits were higher when Trump left office than when he arrived. Corporate profits hita record $1.98 trillio...

    • Job gains (and losses) The United States experienced some of its best years of job gains in 2014 and 2015 in Obama’s second term when the economy added more than 225,000 jobs a month.
    • Economic growth. Trump says he had the “greatest economy in history” during the GOP convention, a claim fact-checkers quickly marked as false. A look at economic growth shows why.
    • U.S. unemployment. The U.S. unemployment rate hit a half-century low of 3.5 percent in late 2019 and stayed around that level through February 2020. Trump frequently touted the job news, though he often left out that the unemployment rate was a fairly low when he took office (4.7 percent) and has been steadily declining since 2011.
    • Black unemployment rate. Trump has started making the claim that his administration has done more for African Americans than “any president since Abraham Lincoln,” which The Washington Post Fact Checker gave Four Pinocchios.
  3. Mar 12, 2024 · Unemployment is low, inflation is significantly down from its 2022 peak ( if sticky and ticking up in the last month), wages are up, the stock market is hitting new all-time highs, and it looks...

  4. Sep 12, 2018 · President Trump and former President Obama both claim credit for the economy. Democrats argue that Trump inherited an economy that was already strong, while Republicans insist he turned it around...

  5. Sep 29, 2017 · Posted on September 29, 2017 | Updated on May 22, 2020. 179.4K. 4. Summary. The numbers are nearly all in now. What they show about what really happened during the eight years that Barack Obama...

  1. People also search for