Trump's jive talking?
TRUMP: “Great financial numbers being announced on an almost daily basis. Economy has never been better, jobs at best point in history.”
THE FACTS: He’s exaggerating. The economy is healthy now, but it has been in better shape at many times in the past.
Growth reached 4 percent at an annual rate in the second quarter, which Trump highlighted late last month with remarks at the White House. But it’s only the best in the past four years. So far, the economy is expanding at a modest rate compared with previous economic expansions. In the late 1990s, growth topped 4 percent for four straight years, from 1997 through 2000. And in the 1980s expansion, growth even reached 7.2 percent in 1984.
- Anonymous1 month ago
"Economy has never been better"