- 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 36.3% from 2016.
- 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 25%.
- the U.S. economy was slowing down even before the pandemic. The U.S. added less than 2 million jobs in 2019 — the lowest annual growth since 2010.
When Trump’s term ended in January 2021, the unemployment rate was 6.4% — which was 1.7 percentage points higher than when he took office, but still lower than the unemployment rates when Presidents Jimmy Carter (7.5%), George H.W. Bush (7.3%) and George W. Bush (7.8%) left office.
(The current unemployment rate is 4.2%)
The U.S. economy added manufacturing jobs every month during Trump’s first 24 months in office. But those job gains began to erode — beginning in March 2019, a year before the pandemic
What a dishonest turd you are.
Dems policies killed coal. Fact.
Dems opened the borders. Fact.
Unemployment was a 3.5% under Trump until the pandemic.
The economy slowed in 2019 because the Fed decided to jack up rates after leaving them at records lows for Obama's entire term.
8 rate hikes in his first 2 years. Of course there was going to be a slowdown. That was the purpose, despite literally no inflation.
Of course, with Biden in office, the Fed sat on their ass and did nothing while inflation soared.
And now, right before the election, they decide to cut.
The Fed did everything they could to hurt Trump and everything they could to help Biden. Now they are doing the same for Coconut Tree Kamala.