.clairecmc: 'I'm gonna take this opportunity to fact check the president's speech ... that guy had the nerve to say he's protecting pre-existing conditions when his administration is in court trying to wipe them out.' SOTU
President Donald Trump delivered his third State of the Union address Tuesday, a speech largely focused on the economy, trade and employment numbers.“Thanks to our bold regulatory reduction campaign, the United States has become the No. 1 producer of oil and natural gas in the world, by far,” Trump said, according to an excerpt of the speech released in advance.Trump is taking undue credit here. The U.S.
“After losing 60,000 factories under the previous two administrations, America has now gained 12,000 new factories under my administration,” Trump said, according to the remarks prepared for delivery.Trump is mostly right, though his numbers are slightly off. The U.S. lost 53,659 factories during the two previous administrations, not 60,000, according to the Bureau of Labor Statistics. But he’s correct in saying that trend has reversed under his own administration.
“Since my election we have created 7 million new jobs, 5 million more than government experts projected during the previous administration,” Trump said Tuesday night.This number is misleading. Trump is taking credit for months of job gains that occurred during the Obama administration. The economy, however, doesn’t move that quickly. Since Trump took office, the country has added 6.7 million job in 36 months.
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