CNN makes another attempt at claiming Trump inherited a successful, booming economy from Obama

By Jon Dougherty

(TNS) Nearly every time President Donald Trump touts his economic achievements on national television, one or more of the Democrat-aligned news networks tries to ‘fact-check’ him with a story about how good the economy was when he “inherited it from President Obama.”

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During his State of the Union Address Tuesday evening, the president again used the opportunity to tell the American people what the vast majority of them know: Under his administration, the U.S. economy is seriously booming.

The president also championed job growth in his three years in office — in between having to deal with leaks, false allegations, a coup attempt, and members of his own party setting him up to fall, all things that Obama never dealt with.

Trump has also touted his job growth on the campaign trail. “We’re producing jobs like you have never seen before in this country,” he said recently in Michigan.

The president’s touting of his economy — and it is his because if it were tanking, the liberal press would certainly attribute that to him — has been a constant thorn at CNN. On Thursday, the outlet published a story claiming that the final 35 months of Obama’s administration saw more job growth than President Trump’s first 35 months:

President Donald Trump says he is particularly pleased with the jobs created during his three years in office. …

But you don’t have to go back far to find three years of better job growth. Just to back to the previous three years under Barack Obama.

During Trump’s first 35 months in office, the US economy has gained 6.69 million jobs. But during a comparable 35-month period at the end of Obama’s tenure, employers added 7.96 million jobs, or 19%, more than what has been added since Trump took office.

The average monthly gain so far under Trump is 191,000 jobs. During the last 35 months under Obama, employers were adding an average of 227,000 jobs a month.

On Friday, the Labor Department will report January job growth, concluding the first three years of the Trump administration. Economists surveyed by Reuters forecast that employers added 160,000 in January, which would be a bit better than the 145,000 jobs added in December.

CNN did admit that job growth during Trump’s initial 35 months has been much better than Obama’s first 35 months, which came in the throes of the “Great Recession.” But this all sounds a bit like some of those obscure football stats you hear during the regular season.

Sure, Tom Brady won more Super Bowls than Kurt Warner, but Kurt threw more first-down passes of 10 yards or more during the third quarter in a single regular season.

Recall that Obama used to preach that America’s best days were behind us and that Democrats were better positioned to manage that decline.

“He has used [his] prestige to tell us, in effect, that the president of the United States cannot do all that much good in the world. His message is that American power has lessened, that America is not a special place,” Charles Moore wrote in the UK Telegraph in June 2012. “In logic, if you accept this message, you must place less hope in the man who delivers it. He is the advocate of his nation’s decline, and therefore of the reduction of his power.”

Paul Roderick Gregory, writing two years ago in Forbes, noted that under Obama’s economic ‘stewardship,’ “America experienced the worst economic recovery of postwar history.”

And remember when Obama told the concerned steelworker from Elkhart, Ind., in June 2016 that “some jobs just aren’t going to come back” to the U.S. — jobs that were lost to the abysmal NAFTA agreement that President Trump just renegotiated:

Obama mocked Trump over 45’s claims that he knew how to bring those jobs back without a “magic wand.” And those jobs are coming back, as Trump promised they would.

As to the reduced rate of growth, under Obama so many jobs had been lost there was literally nowhere to go but up. At unemployment rates in the high 4 percent-mid-5 percent range, there is a lot of room for improvement.

But Trump managed to reduce the unemployment rate from 4.7 percent when Obama left to its current 3.5 percent, which is essentially full employment. If nearly everyone who wants a job has a job, it’s tougher for companies to expand even if they want to because the available labor force to fill those jobs is limited.

CNN loves its apples and oranges when it comes to ‘fact-checking’ this president.

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