Obama Was A Better Jobs President Than Trump

Trump threw another temper tantrum after President Obama touted the economic recovery under his administration from the depths of the Great Recession. Now, Trump is falsely trying to take credit for Obama’s success and claim that he has a better jobs record — that’s simply not true.

LIE: Trump took credit for an economic boom and claimed that he has a better jobs record than President Obama.

Trump: “Did you hear the latest con job? President Obama is now trying to take credit for the Economic Boom taking place under the Trump Administration. He had the WEAKEST recovery since the Great Depression, despite Zero Fed Rate & MASSIVE quantitative easing. NOW, best jobs numbers….”

FACT: The economy added1.5 million more jobs in Obama’s last three years than Trump’s first three years.

CNN: “During Trump’s first 36 months in office, the US economy has gained 6.6 million jobs. But during a comparable 36-month period at the end of Obama’s tenure, employers added 8.1 million jobs, or 23% more than what has been added since Trump took office.”

FACT: Trump almost ruined the job-creation streak Obama created.

New York Times: “The revisions kept alive the economy’s record-setting streak of monthly job gains, but by the slimmest of margins. The new figures show that employers added just 1,000 jobs last February, down from 56,000 before the revision.”

FACT: The unemployment rate fell more than 5% under Obama from the peak of the recession, but has only declined another 1.1% under Trump.

USA Today: “The rate fell more sharply in the final 35 months under Obama, to 4.7% from 6.7%.”

PolitiFact: “For unemployment rates and for median weeks of unemployment, the declines under Obama were at least as fast — if not faster — than they have been under Trump. That holds for several of the racial and ethnic groups Trump often cites in speeches, as well as for women.”

FACT: Economic growth is slower under Trump than it was under Obama.

Forbes: “Trump’s Economic Growth Is Slower Than Obama’s Last 3 Years”

CNN: “On both a quarterly and annual basis, the Trump Economy has not yet exceeded the best quarters of the Obama years, although Trump’s 2018 yearly growth of 2.9% is tied with Obama’s 2015 figure.”