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Usual statement about how presidents don't control the economy, get more credit/blame than they deserve, etc. But given Trump's recent SOTU claiming he unleashed an economic miracle that transformed Obama's supposedly disastrous economy, it's worth looking at the actual numbers.
Other metrics that might be useful: GDP growth in Obama's 2nd term averaged 2.2%. GDP growth last year it was 2.3% (and has averaged 2.5% over his term so far). That's also *despite* massive stimulus from Trump's tax cuts & higher spending, and an extremely accommodative Fed.
What about stock markets? S&P 500 is up about 47% since Trump took office. At the same point in Obama's presidency, the index was up 59%.
Again, usual disclaimer: Presidents don't control markets. But since Trump likes to claim credit anyway, let's look at the numbers.
Real (inflation-adjusted) wage growth is slightly weaker under first three years of Trump than it was under last three years of Obama, but it's noisy.
None of this is to say the economy isn't solid. It is! Trends just aren't appreciably different from what they looked like under Trump's predecessor.
Continued improvement of course still means higher *levels* of economic activity/employment, which is presumably why Americans rate the overall state of the economy better today than they did three years ago.
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