Donald Trump, Jr. tried to depict the current economic climate as worse than the tail end of his fatherās presidential administration, despite plenty of evidence to the contrary.
āI canāt think of a single metric where anyone is better off now than they were three years ago, even with COVID, frankly,ā Trump, Jr. told a crowd Thursday in Iowa, a few days before that state holds its GOP caucuses.
Trumpās comment resembled those from not only his father, but Republican candidates Nikki Haley and Ron DeSantisāall of whom are arguing in one way or another that the economy has substantial problems.
Among the positive economic indicators that Trump, Jr. didnāt mention was the unemployment rate, which sits at 3.7 percent. When Trump left office inIn January of 2021āthree years agoāit was 6.4 percent.
Last year saw 2.7 million new jobs, which is smaller than the gains in 2022 and 2021, but still far outweighs the number during the job market contraction in 2020 due to COVID.
Also, the Dow Jones Industrial Average is just about at its highest point everāa metric that Donald Trump, in his Fox News town hall on Wednesday, insisted was due to the performance of his campaign.
āI think the stock marketās going up because Iām leading Biden in the polls. Every poll. Every single poll,ā he said, falsely.
āIf I wasnāt leading, the stock market would be 25 percent lower,ā added the man who was found to have illegally fudged the numbers in his real estate business.
Trump also said this week that he is actually hoping for an economic crash while Joe Biden is in office in order to boost his election chances.
