- Mar 11, 2015
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Biden has done a better job than trump with the economy. Trump inherited a strong growing economy built by Obama. Right wingers dismissed everything Obama did and immediately credited Trump for turning around the economy when he really did nothing. Now these same people want to return to Trump after Biden saved the economy and once Trump gets back in he will be hailed for everything we are telling you that Biden has done now.
This is how dishonest Republicans are.
Employers have created more than 14 million jobs during the Biden administration, with a monthly average of more than 400,000 positions. Recently, though, the pace of job creation has slowed, with 216,000 new jobs in December.
By contrast, the economy added an average 176,000 jobs a month during Trump’s first three years, before coronavirus-related closures and layoffs resulted in the sudden loss of more than 20 million jobs.
Joblessness fell during the Trump years to a half-century low of 3.5 percent in early 2020, just before the pandemic. During Biden’s presidency, the unemployment rate has inched down even further, to 3.4 percent earlier last year. It now stands at 3.7 percent.
The Black unemployment rate, which Trump liked to take credit for improving during his presidency, fell during both administrations, but reached an all-time low during the Biden era last year.
This is how dishonest Republicans are.
Biden’s economy vs. Trump’s, in 12 charts
Employers have created more than 14 million jobs during the Biden administration, with a monthly average of more than 400,000 positions. Recently, though, the pace of job creation has slowed, with 216,000 new jobs in December.
By contrast, the economy added an average 176,000 jobs a month during Trump’s first three years, before coronavirus-related closures and layoffs resulted in the sudden loss of more than 20 million jobs.
The Black unemployment rate, which Trump liked to take credit for improving during his presidency, fell during both administrations, but reached an all-time low during the Biden era last year.