1/ A short thread of charts on the economy, inspired by Trump Rapid Response Director, @AndrewHClark.
All data for these charts comes from the Trump Labor Department.
First up, pace of job creation, before and after Trump took office: data.bls.gov/timeseries/CES…
All data for these charts comes from the Trump Labor Department.
First up, pace of job creation, before and after Trump took office: data.bls.gov/timeseries/CES…
2/ Next, because Republicans often like to claim that they are the party of the private-sector, here's the pace of private-sector job creation before and after Trump took office. data.bls.gov/timeseries/CES…
3/ To inflate its jobs numbers, the Trump White House often cites data "since the election" rather than "since the inauguration."
But even giving Trump credit for 39 months instead of 37 doesn't help him when comparing it to the previous 39 months:
But even giving Trump credit for 39 months instead of 37 doesn't help him when comparing it to the previous 39 months:
4/ Just as the pace of job growth has slowed under Trump, so has the pace of real (inflation-adjusted) wage growth.
Note, when the Trump WH brags about wage growth, it's always careful to cite *nominal* data.
But here's the data for *real* wages: data.bls.gov/timeseries/CES…
Note, when the Trump WH brags about wage growth, it's always careful to cite *nominal* data.
But here's the data for *real* wages: data.bls.gov/timeseries/CES…
5/ And here's the latest data from the Census Bureau on real median household income: census.gov/content/dam/Ce… (Table A-2)
6/6 Finally, a reminder that the "Great American Comeback" Trump talks about actually came *11 years ago* under the leadership of @BarackObama & @JoeBiden, who turned an economy that was losing 750k jobs a month when Bush left office into one that has created jobs for a decade.
