politifact.
President Donald Trump campaigned hard on a promise to kick the economy into high gear and with the latest economic numbers, he had something to crow about. The economy grew at an annualized rate of 4.1 percent between April and June.
Trump said the country was seeing proof of the power of his tax- and regulation-cutting agenda. Let’s take a look at some of his assertions and see whether they hold up.
Quarterly increases of at least 4 percent are not unheard of. That level was reached four times under President Barack Obama, including heights Trump has not yet reached, such as 4.6 percent (twice) and 5.2 percent (once). On two other occasions, Obama oversaw 3.9 percent growth.
Quarterly increases of at least 4 percent are not unheard of. That level was reached four times under President Barack Obama, including heights Trump has not yet reached, such as 4.6 percent (twice) and 5.2 percent (once). On two other occasions, Obama oversaw 3.9 percent growth.
Prrsident Obama stirred up people to riot. If that's the price of a booming economy, it's too high. What good is prosperity when police have their hands tied?
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