AND THEN THERE ARE THE FACTS: Hakeem Jeffrries, Meet the Best U.S. Economy in Decadeshttps://marktaps.substack.com/p/and-then-there-are-the-facts-hakeemHere’s the claim House Minority Leader Hakeem Jeffries made on X in a September 26 tweet: “Republican policies have tanked the economy. And the American people know it. Time for dramatic change.”
Whenever I run across a nonsense claim like this from officials in either of America’s two major political parties, it’s hard to decide if I should laugh, cry or just shake my head in puzzled amazement.
Whatever option you take on this particular Jeffries comment, Just Facts Daily has the correction that you will never hear out the Minority Leader’s mouth, uttered by any talking head on CNN or MS Now, or read on the pages of the New York Times, Washington Post, etc. etc. ad nauseum Mainstream Media:
• Average annual inflation during Trump’s second term (with Republicans controlling both the House and Senate) has been 2.9%, which is 41% below the 5.0% average under Biden and 55% below the 6.5% average under Biden while Democrats controlled both the House and Senate.
• Real median household income, which is published only on an annual basis, grew from $85,210 to $87,460 during the first year of Trump’s second term, or by 2.6%, which is 445% higher than the average annual growth rate of 0.5% under Biden and markedly better than the average annual decline of 1.3% under Biden and Congressional Democrats.
• The poverty rate, which is published only on an annual basis, was 10.2% during the first year of Trump’s second term, which is the lowest level ever recorded in U.S. history, 9% below the average annual rate of 11.2% under Biden, and 13% below the average annual rate of 11.6% under Biden and Congressional Democrats.
• Because association doesn’t prove causation, the data above cannot prove which politicians have done a better job on the economy, but they do deflate Jeffries’ rhetoric.
• In prior election cycles, major media outlets, in concert with leading Democrats, have misled the American people by talking down the economy despite robust economic indicators during Republican presidencies and then talking up the economy with similar indicators during Democrat presidencies.”
GHWB was not a GREAT President, but the MSM, un-bypassed by the Internet, played a significant part in his 1992 defeat through the MSM "talking down the economy" when it had been doing well for quite a few months.
