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Politics : Formerly About Advanced Micro Devices

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sylvester80
To: sylvester80 who wrote (1087536)9/10/2018 1:41:41 PM
From: puborectalis1 Recommendation  Read Replies (1) of 1580023
 
President Donald Trump on Monday tweeted falsely about economic growth and unemployment and continued to rail against the portrait painted of him and his administration in Bob Woodward’s new book.

GDP AND UNEMPLOYMENT

In a tweet that’s been criticized, Trump said “the GDP Rate (4.2%) is higher than the Unemployment Rate (3.9%) for the first time in over 100 years!”

In fact, it’s been only since the George W. Bush administration — in 2006 — that the rate of change in GDP has been higher than the unemployment rate. And GDP frequently outstripped the unemployment rate in the Clinton administration.

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