Who's responsible for bringing unemployment down: Obama or Trump? | The Tylt

Who's responsible for bringing unemployment down: Obama or Trump?

Throughout his tenure in the Oval Office, President Donald Trump has claimed credit for the health of the economy and the historically low unemployment rates. Trump and his administration maintain that his policy of relaxing restrictions on corporations has created an environment in which the economy can thrive. Some, however, contend the economic upturn began under President Barack Obama. Economists and members of the Obama White House say the previous president set Trump up for success. What do you think?

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Who's responsible for bringing unemployment down: Obama or Trump?
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In October 2018, both President Donald Trump and Barack Obama claimed responsibility for the booming economy. However, numbers seem to back Obama's claim—his policies turned a sharp recession into consistent economic growth. Per Forbes

The unemployment rate shows pretty much the same progression from President Obama to President Trump. The unemployment rate started to climb the last two years of President Bush’s second term and substantially in Obama’s first year as the Great Recession that he had inherited was having a huge impact.
Bush’s last four years in office:
December 2005: 4.9%
December 2006: 4.4%, decreased 0.5%
December 2007: 5.0%, increased 0.6%
December 2008: 7.3%, increased 2.3%
Obama’s time in office:
December 2009: 9.9%, increased 2.6%(teeth of the recession)
December 2010: 9.3%, decreased 0.6%
December 2011: 8.5%, decreased 0.8%
December 2012: 7.9%, decreased 0.6%
December 2013: 6.7%, decreased 1.2%
December 2014: 5.6%, decreased 1.1%
December 2015: 5.0%, decreased 0.6%
December 2016: 4.7%, decreased 0.3%
Trump’s through September:
December 2017: 4.1%, decreased 0.6%
September 2018: 3.7%, decreased 0.4%
#TrumpCreatedJobs

The Trump White House has voiced their disagreement with this assertion. Per Politico

[T]he historically low unemployment rate fits neatly into Trump's promise of restoring the American economy's bygone dominance.
“The American economy continues to fire on all cylinders,” Labor Secretary Alexander Acosta said in a statement. “During the past few months, we have seen GDP growth exceed 4 percent, consumer confidence rise to an 18-year high, and the stock market set new records....“
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Some economists contend that because Obama started from such a low place during the recession, growth is to be expected, but not necessarily rewarded. Per USA Today

Obama was starting from the nadir of the Great Recession, so economic and job growth should have been expected. And many economists suggest that the increased taxes, onerous regulations enacted in bills such as Dodd-Frank and the Affordable Care Act, as well as the perception that Obama was anti-business, slowed the economic recovery. In terms of economic output, this was the slowest economic recovery since World War II.
Moreover, it is noteworthy that growth had slowed during Obama’s last year in office, dropping from 2.3 percent in the second quarter of 2016 to just 1.8 percent in the final quarter.
#ObamaCreatedJobs

Members of the Obama White House, however, have compared the Trump administration's claims to entering a game at the very end and claiming credit for the victory. Per NPR

Job growth has been remarkably consistent since the end of the recession in 2010. The 3.6 million jobs added in the 19 months since Trump took office are roughly comparable to the 3.9 million added in the previous 19 months under Obama. Likewise, unemployment has steadily declined. And wages have inched up at a slow but steady pace.
On a graph of any of these metrics, the period before Trump took office is virtually indistinguishable from the period since.
"At best, you would say it's been a continuation of a steady trend," economist Austan Goolsbee told MSNBC.
Goolsbee, who had Hassett's job early in the Obama administration, challenged the idea that things suddenly improved following Trump's election.
"I don't see how you come into the game with 10 minutes left in the fourth quarter, your team is already ahead, and you're like, 'I won this game.' 
FINAL RESULTS
Politics
Who's responsible for bringing unemployment down: Obama or Trump?
#ObamaCreatedJobs
A festive crown for the winner
#TrumpCreatedJobs