'It's an 11-year recovery,' Joe Scarborough said.
During the show, Scarborough said Trump's repeated claim that this is the"best economy" the country has ever seen is verifiably inaccurate. The former GOP lawmaker noted that the average gross domestic product growth under Trump is low compared to many of his predecessors over the past several decades. Putting a chart on the screen, Scarborough said that GDP growth has only averaged out to be 2.5 percent under Trump.
While unemployment has decreased significantly under Trump and the economy has continued to grow, economists generally argue that this is the continuation of a steady economic recovery that began under the Obama administration. Just before Obama took office, the economy had entered a major recession, but the former president oversaw a recovery that led to steady GDP growth and significant job creation.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Joe Burrow Will Spend First NFL Check On A Personal Chef, Here's WhyJoe Burrow is looking to invest in himself with his first NFL check, telling TMZ Sports he's going to hire a personal chef!
Read more »
Sen. Joni Ernst says her comments on impeaching Joe Biden were 'taken out of context'Sen. Joni Ernst said her comments suggesting Republicans could move to impeach Biden if he were elected president were “taken out of context.”
Read more »
Crime Does Pay: ‘My Favorite Murder’ Stars Join Joe Rogan As Nation’s Highest-Earning PodcastersJoe Rogan is the highest-earning podcaster, with $30 million. He has the No. 1 podcast in the world, according to Apple, and has claimed as many as 190 million downloads per month
Read more »
Demi Lovato's Dating History, From Wilmer Valderrama to Joe JonasDemi Lovato's Complete Dating History, From Wilmer Valderrama to Joe Jonas
Read more »
Joe Biden Chides Savannah Guthrie Over Hunter Question: 'You Don't Know What You're Talking About''You're saying things you do not know what you're talking about,' Biden told Guthrie. No one said that — who said that? Who said that?'
Read more »
Joe Swash nearly vomits during intense Dancing On Ice training sessionThe Dancing On Ice star fell to the ground during an intense training session with pro partner Alex Murphy this week
Read more »