Who's responsible for bringing unemployment down: Obama or Trump? | The Tylt
Who's responsible for bringing unemployment down: Obama or Trump?
President Trump says he "inherited a mess" from former president Obama. Trump's budget director Mick Mulvaney, without evidence, says the numbers posted by the Obama administration were purposely misleading to make the economy look better than it was.
"What you should really look at is the number of jobs created," Mulvaney said on "State of the Union." "We've thought for a long time, I did, that the Obama administration was manipulating the numbers, in terms of the number of people in the workforce, to make the unemployment rate -- that percentage rate -- look smaller than it actually was."
Many believe that President Trump's pro-business policies are having a direct effect on the economy. Obama regulations were choking the American economy. Trump's swift actions to undo Obama's efforts spurred the economy and encouraged businesses to create jobs.
Sean Spicer quoted Trump in a press conference about the unemployment numbers:
They may have been phony in the past, but it's very real now.
The current economic expansion just became the third-longest on record. The economy has been adding jobs every month for more than six years, the longest winning streak since World War II. And the federal budget deficit has sharply declined from a high of 9.8 percent of GDP in the middle of the Great Recession to a manageable 3.2 percent last year.
Speaking specifically to jobs, the economy has been adding jobs for 78 months in a row. Saying Trump is responsible for the economic gains is completely disingenuous—his main efforts have been to undo Obama's legacy, many of which are directly responsible for the economic gains the U.S. is seeing.
So why would he want to make you think it’s a “mess”? The most likely reason, in my view, is that portraying the current state of the economy as rotten helps the administration justify the wholesale change in policies that it is planning. It also lowers the starting bar so that it’s easier to declare victory later.