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Trump misled us in his economic report. Let's set the record straight - CNN
Thoughts?
This year's report misconstrues well-established facts, cherry-picks data, relies on economic theories widely rejected by mainstream economists and entirely omits critical subjects. I correct the record in the Joint Economic Committee Democratic response to the report, which is mandated by law, and was released Thursday.
The report claims full credit for economic conditions that President Trump mostly inherited from President Obama. At the time of President Trump's inauguration, the unemployment rate was 4.7% and trending down, while the economy had added jobs for 76 straight months. Moreover, the average monthly job growth during the last two years of the Obama administration was stronger than the first two years of the Trump administration. Even so, Trump implausibly has claimed that he has achieved an economic turnaround.
Thoughts?