https://www.thegatewaypundit.com/2020/04/exclusive-despite-china-coronavirus-crisis-current-trump-economy-still-better-inherited-way-better-obama-respective-time-period/


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EXCLUSIVE: Despite China Coronavirus Crisis - Current Trump Economy Still Better that What He Inherited and Way Better than Obama At Same Respective Time Period
By Jim Hoft
Published April 5, 2020 at 9:04am
18 Comments
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Despite the China coronavirus nightmare and worldwide crisis, President Trump’s economy is still much better than what he inherited and way better than Obama’s economy at his respective time in office.
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The numbers are astounding.
With all the despair, shock and Mainstream media (MSM) frenzy surrounding the China coronavirus crisis, the average American would think that the US is in a depression and we’re all going to die!

The news has been abhorrent as businesses shutter their doors while America and the world attempt to survive the China coronavirus pandemic. But the actual results may surprise you indicating the MSM may be as far off on their predictions for the economy as they are in their predictions of fatalities due to the virus. Here are some comparisons for where the economy is today with when President Trump inherited it and with Obama’s first three plus years in office.

TRENDING: HUGE! From CDC Website: Hospitals to List COVID-19 as Cause of Death Even if It's "Assumed to Have Caused Or Contributed to Death" - Lab Tests Not Required

Unemployment
When President Trump stepped into office, the national unemployment level was at 4.7%. In January of 2017, the month President Trump was inaugurated, the national unemployment rate was at 4.8%. On Friday, the unemployment rate for the month of March was reported at 4.4%. This is still much better than the unemployment rate President Trump inherited.

Obama on the other hand was horrible managing unemployment during his first three plus years in office. Obama saw the national unemployment rate rise to 10% for the first time in ages. He inherited a rate of 7.3% the December before he was inaugurated and he never saw that rate his entire first term in office.



Over their same times in office, President Trump has an average unemployment rate of 4% while Obama oversaw an unemployment rate of 9.2%. We are no where close to that today.

Job Gains and Losses
Along with unemployment job gains and losses are in the same boat. When President Trump took over, the Obama economy was stagnant and going backwards. He immediately implemented policies that created jobs. He lowered the corporate taxes that allowed American companies to better compete with foreign companies and encouraged them to build at home. As a result, even with the poor performance in March due to the coronavirus, the US has gained more than 6.3 million more jobs since the President took office.

Yeah... Because I had more money than I ever had before, I lost more money than I ever had before when Trump opened his big mouth and scared the hell out of people instead of leading them.

People who save are fools. Government has lied for years about "saving for retirement". You're better off with Powerball or Mega Millions. You'll have a better rate of return.

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Globalist fraud Wrote:
-------------------------------------------------------
> https://www.thegatewaypundit.com/2020/04/exclusive
> -despite-china-coronavirus-crisis-current-trump-ec
> onomy-still-better-inherited-way-better-obama-resp
> ective-time-period/
>
>
> Search The Gateway Pundit
> Home About Privacy Advertise Store
> EXCLUSIVE: Despite China Coronavirus Crisis -
> Current Trump Economy Still Better that What He
> Inherited and Way Better than Obama At Same
> Respective Time Period
> By Jim Hoft
> Published April 5, 2020 at 9:04am
> 18 Comments
> Share
>
>
> Despite the China coronavirus nightmare and
> worldwide crisis, President Trump’s economy is
> still much better than what he inherited and way
> better than Obama’s economy at his respective
> time in office.
> Advertisement - story continues below
>
>
> The numbers are astounding.
> With all the despair, shock and Mainstream media
> (MSM) frenzy surrounding the China coronavirus
> crisis, the average American would think that the
> US is in a depression and we’re all going to
> die!
>
> The news has been abhorrent as businesses shutter
> their doors while America and the world attempt to
> survive the China coronavirus pandemic. But the
> actual results may surprise you indicating the MSM
> may be as far off on their predictions for the
> economy as they are in their predictions of
> fatalities due to the virus. Here are some
> comparisons for where the economy is today with
> when President Trump inherited it and with
> Obama’s first three plus years in office.
>
> TRENDING: HUGE! From CDC Website: Hospitals to
> List COVID-19 as Cause of Death Even if It's
> "Assumed to Have Caused Or Contributed to Death" -
> Lab Tests Not Required
>
> Unemployment
> When President Trump stepped into office, the
> national unemployment level was at 4.7%. In
> January of 2017, the month President Trump was
> inaugurated, the national unemployment rate was at
> 4.8%. On Friday, the unemployment rate for the
> month of March was reported at 4.4%. This is
> still much better than the unemployment rate
> President Trump inherited.
>
> Obama on the other hand was horrible managing
> unemployment during his first three plus years in
> office. Obama saw the national unemployment rate
> rise to 10% for the first time in ages. He
> inherited a rate of 7.3% the December before he
> was inaugurated and he never saw that rate his
> entire first term in office.
>
>
>
> Over their same times in office, President Trump
> has an average unemployment rate of 4% while Obama
> oversaw an unemployment rate of 9.2%. We are no
> where close to that today.
>
> Job Gains and Losses
> Along with unemployment job gains and losses are
> in the same boat. When President Trump took over,
> the Obama economy was stagnant and going
> backwards. He immediately implemented policies
> that created jobs. He lowered the corporate taxes
> that allowed American companies to better compete
> with foreign companies and encouraged them to
> build at home. As a result, even with the poor
> performance in March due to the coronavirus, the
> US has gained more than 6.3 million more jobs
> since the President took office.



This checks out.

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They write these articles for the stupid Trump supporters who don't know any better. The economy was not "stagnant" when Trump took office. The current 4.4% unemployment reflects only the first two weeks of the shutdown. The economy now is in free fall. Those are just a few things that are incredibly wrong and misleading in it.

Just revisit this article when the data comes out for April, Trump supporting idiots.

How many people filed for unemployment compensation during the past two weeks? Answer: around 10 million. But the current economy under Trump is better than what he inherited.

You people are idiots.

You can choose many means of self destruction. Voting Democrat is one that always works

XUJNX Wrote:
-------------------------------------------------------
> How many people filed for unemployment
> compensation during the past two weeks? Answer:
> around 10 million. But the current economy under
> Trump is better than what he inherited.
>
> You people are idiots.


I agree. It’s hard to believe these idiots believe that shit. Obama took unemployment from 12 percent to 4. Its gone from 4 to 3 under trump. Obama was unbelievable and trump rode his coattails only to fuck it up again

I agree Wrote:
-------------------------------------------------------
> XUJNX Wrote:
> --------------------------------------------------
> -----
> > How many people filed for unemployment
> > compensation during the past two weeks? Answer:
>
> > around 10 million. But the current economy
> under
> > Trump is better than what he inherited.
> >
> > You people are idiots.
>
>
> I agree. It’s hard to believe these idiots
> believe that shit. Obama took unemployment from 12
> percent to 4. Its gone from 4 to 3 under trump.
> Obama was unbelievable and trump rode his
> coattails only to fuck it up again


lutz

The unemployment rate when Obamey was sworn in (Jan 2009) was 7.5%. What a fool you are....

Reality is kryptonite to libtards. Libs refuse to accept that a president is actually defending their rights.