President Harry S. Truman announces the government seizure of the steel industry on April 8, 1952. By Aaron Blake Aaron Blake Senior political reporter, writing for The Fix Email Bio Follow April 30 at 6:30 AM President Trump got more good economic news Friday, with the announcement that the gross domestic product had grown by an annual rate of 3.2 percent in the first quarter of 2019. It was an acceleration from the disappointing 2.2 percent figure from the last quarter.
It’s a bold prediction, certainly — even as the idea that the economy is paramount in voters’ minds is taken as an object of faith in American politics. If you look at presidents who have had the kind of economy Trump does, you’ll find it’s hardly a panacea. Of the last five presidents who had an unemployment rate below 4 percent and a year of GDP growth over 3 percent — as Trump does today — only two saw his party retain the White House in the next election.
Approval ratings for presidents with unemployment rates below 4 percent and annual GDPs above 3 percent. As you can see, there are relatively few months in which the economy met these conditions. As you can also see, there was no guarantee that these conditions meant people would be in love with the incumbent president. In fact, the average presidential approval rating across all these months is 45 percent — slightly higher than where Trump is today.
Man the Washington Post is having a hate trump day. No real news in the world I guess, or is the post just having a sad day, needs a hug and a safe space?
But you sold us that this was Obamas economy.
It’s takes history to prove this? Guess what 50% would be gone if I had the infinity stones?
Well, I mean, even you have got to admit it’s good tho, or you wouldn’t have to write this article
So, WaPo has identified this economy is President Trump's. And by saying it is no Silver Bullet, also admits it is better than before. Proven by History. WaPo, is Supporting President Trump, note the date Dems. You are losing your Top Fake News Distributor.
🤣🤣🤣🤣 still finding ways to try and tamp down great news on a great economy. Trump is the reason/his actions as to why this is happening.Great for 2020!! No magic wand needed. The Democrats said THEY needed that!! They were incapable of seeing what it would take accomplish!!
Obama saves the economy hands it to Trump who helps his friends get rich by deregulation which....is why Obama had to save the economy