The U.S. economy is projected to grow at 1.8% over the next decade. Under the Trump administration the job market did miraculously produce 222,000 jobs in June of 2017, but that is 77,000 fewer jobs than Obama added in June of 2016.
The jobs numbers have been pretty consistent since 2012/2013 pic.twitter.com/3DBaBo0haM
— Mark Murray (@mmurraypolitics) July 7, 2017
Job growth has been very consistent for the past five years, and that is terrible news for Donald Trump because the entire Trump agenda is predicated on magic economic growth according to Politicus USA. Trump’s own budget budget requires 3% growth in order to balance.
Now, Trump will go on and on about how he has created way more jobs than President Obama ever did, but the truth of the matter is: Trump has had two full months since he became president where the jobs numbers were better than Obama’s. If this trend continues, Trump will actually create fewer jobs than Obama and as a result–the entire market could come crashing down. But it’s not like Trump cares, the only people he’s worried about is himself and the wealthiest 1% of Americans.
From the very beginning of his campaign, Trump has promised to create 25 million new jobs, but as it stands, he isn’t even close to that goal, and without a major summer jobs surge, he will fall short of Barack Obama’s 2016 numbers.
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