I am pretty sure everyone has heard former President Trump boasting about the economy in the last few years. But is it true? Yes the stock market is doing very well the last 4 years and according to scopes.com -
THE FACTS: The economy is not one of the best in the country’s history.
The economy expanded at an annual rate of 3.2 percent in the first quarter of this year. That growth was the highest in just four years for the first quarter.
In the late 1990s, growth topped 4 percent for four straight years, a level it has not yet reached on an annual basis under Trump. Growth even reached 7.2 percent in 1984.
While the economy has shown strength, it grew 2.9% in 2018 — the same pace it reached in 2015 under President Barack Obama — and simply hasn’t hit historically high growth rates. Trump has legitimate claim to a good economy but it’s not a record-breaker and it flows from an expansion that began in mid-2009.
If you still don't believe snopes.com then take a look at this cool interactive chart showing the Dow Jones by each Presidential term courtesy from macrotrends.net or take a look at this chart showing all the other major indices. The truth is out there.
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