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Trump's inherited 'mess' hard to find in economic data
John W. Schoen | @johnwschoen
To hear President Donald Trump tell it, you'd think the U.S. was in the worst shape since the Great Depression.
"It's a mess. At home and abroad. A mess. Jobs are pouring out of the country. You see what's going on with all of the companies leaving our country. Going to Mexico and other places. Low pay, low wages."
And Trump vowed that his administration would clean up that mess.
"We'll take care of It, folks," he said. "We're going to take care of it all. I just want to let you know. I inherited a mess."
When it comes to the U.S economy, though, that "mess" isn't borne out by most measures.
The stock market is at all-time highs. Though growth in the gross domestic product is slow by historical standards, the economy is in the tenth year of one of the longest sustained expansions in history.
And the U.S. job market, which is creating jobs faster than employers can fill them, appears to be stronger than it's been in nearly a decade.
more...
http://www.cnbc.com/2017/02/16/trumps-inherited-mess-hard-to-find-in-economic-data.html
Cha
(297,275 posts)AgadorSparticus
(7,963 posts)His knuckle daggers will eat this up. But, they are not the majority. This will hurt the Republicans in '18.
uponit7771
(90,346 posts)... which will be never cause those are bout as good as they get