Quote:
Originally Posted by detbuch
https://www.msn.com/en-us/news/polit...ek/ar-AA17hS4b
From the above article, this is #2 of "The seven biggest lies Biden told this week":
2. “We have created a record 12 million new jobs.”
Biden tries to count the jobs backfilled post-pandemic as “new” jobs, but these positions were already created and merely temporarily abandoned due to COVID-19. In reality, Biden has created 2.7 million net new jobs above what Donald Trump created. This job creation is only 60 percent of the 4.5 million net new jobs that Trump created in his first two years in office.
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How long did it take to find something you liked? This recap of Trumps term says otherwise.
Summary
The statistics for the entirety of Donald Trump’s time in office are nearly all compiled. As we did for his predecessor four years ago, we present a final look at the numbers.
The economy lost 2.9 million jobs. The unemployment rate increased by 1.6 percentage points to 6.3%.
Paychecks grew faster than inflation. Average weekly earnings for all workers were up 8.7% after inflation.
After-tax corporate profits went up, and the stock market set new records. The S&P 500 index rose 67.8%.
The international trade deficit Trump promised to reduce went up. The U.S. trade deficit in goods and services in 2020 was the highest since 2008 and increased 40.5% from 2016.
The number of people lacking health insurance rose by 3 million.
The federal debt held by the public went up, from $14.4 trillion to $21.6 trillion.
Home prices rose 27.5%, and the homeownership rate increased 2.1 percentage points to 65.8%.
Illegal immigration increased. Apprehensions at the Southwest border rose 14.7% last year compared with 2016.
Coal production declined 26.5%, and coal-mining jobs dropped by 16.7%. Carbon emissions from energy consumption dropped 11.5%.
Handgun production rose 12.5% last year compared with 2016, setting a new record.
The murder rate last year rose to the highest level since 1997.
Trump filled one-third of the Supreme Court, nearly 30% of the appellate court seats and a quarter of District Court seats.
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