Question
In 2016, the American people elected Donald Trump to the US presidency. He promised to create jobs and improve the economy while criticizing the Obama
In 2016, the American people elected Donald Trump to the US presidency. He promised to create jobs and improve the economy while criticizing the Obama administration for its poor management of the economy. When viewed within a broader historical context, the US economy continues to do well according to many of the traditional macroeconomic measurements, making it hard to improve on these numbers. Consider these statistics:
- Real GDP grew more than 13% since its most-recent low in 2009 (President Obama's first year in office).
- The private sector added jobs in 73 consecutive months, the longest stretch ever.
- Average hourly earnings for private sector workers grew about 7 percent from 2009-2013.
- The current unemployment rate was 4.8% (low) when President Trump assumed office.
Do you think that Americans continue to be dissatisfied with the overall condition of the US economy? Why or why not?
Do you personally feel that the US economy is now stronger or weaker than it was before President Trump assumed office? Please explain.
What can the Trump administration do to further strengthen the US economy?
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