As public hearings in the House Democrat-led impeachment inquiry quickly approached this week, President Donald Trump delivered a Tuesday address at the Economic Club of New York, where he promptly launched into a completely lie-fueled tirade about how supposedly dismal the economic outlook was under the Obama administration and how supposedly great he’s made it. In reality, neither the unemployment rate nor economic growth nor just about any other imaginable economic metric has changed significantly under the Trump administration — although the federal deficit and debt have soared! That didn’t stop Trump.
He railed to the crowd:
‘Three years ago I came to speak before this storied forum as a candidate for president, and at that time, America was stuck in a failed recovery and saddled with a bleak economic future — and it was bleak. Under the last administration, nearly 200,000 manufacturing jobs had been lost, almost five million more Americans had left the labor force, and jobs were not exactly what you would call plentiful. And ten million people had been added to the food stamp rolls… The so-called experts said America had no choice but to accept stagnation, decay, and a shrinking middle class as the new normal. That was said all the time.’
Wrong. Trump has made this claim before, specifically in the context of remarks from Obama himself — who has not been proven wrong in his simple note that some jobs aren’t going to reappear. Coal jobs are not materializing out of thin air, for instance.
The former president himself had a fitting response to rhetoric like Trump’s New York Economic Club speech when he said in September of 2018:
‘Let’s just remember when this recovery started. I mean I’m glad it’s continued, but when you hear about this economic miracle that’s been going on, when the job numbers come out, monthly job numbers, and suddenly Republicans are saying it’s a miracle. I have to kind of remind them, actually, those job numbers are the same as they were in 2015 and 2016.’
Watch Trump’s speech below: