.MaddowBlog: In SOTU, Pres. Trump plays make-believe, wildly exaggerates economic record.
In his final State of the Union address before Election Day 2020, Donald Trump’s pitch was easy to predict. The president would say that the state of the nation is strong; he’d take credit for low unemployment; he’d point to healthy economic growth; he’d celebrate modest inflation and high economic confidence; and he’d promise more of the same so long as he stays in office.
“From the instant I took office, I moved rapidly to revive the U.S. economy…. If we hadn’t reversed the failed economic policies of the previous administration, the world would not now be witnessing this great economic success.” In reality, Trump inherited a healthy, growing economy with falling unemployment. After three years in office, American job growth has slowed; economic growth has fallen short of both the growth we saw in Obama’s second term and Trump’s ambitious promises; wages have stagnated; income inequality has worsened; and the nation’s finances have deteriorated with very little to show for it.
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