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CPAC 2021: Here are the lies Donald Trump told Donald Trump clung to his core election falsehoods in his first post-presidential speech, wrongly blamed wind power for the catastrophic power failures in Texas and revived a variety of the baseless claims that saturated his time in office, on immigration, the economy and more.
A look at Trump’s remarks Sunday at the Conservative Political Action Conference:
TRUMP: “We built the strongest economy in the history of the world.”
THE FACTS: No, the numbers show it wasn’t the greatest in U.S. history, much less in the history of the world. He was actually the first president since Herbert Hoover in the Depression to leave office with fewer jobs than when he started.
The U.S. did have the most jobs on record before the pandemic, but population growth explains part of that. The 3.5% unemployment rate before the pandemic-induced recession was at a half-century low, but the percentage of people working or searching for jobs was still below a 2000 peak. TRUMP: “We built the strongest economy in the history of the world.”
THE FACTS: No, the numbers show it wasn’t the greatest in U.S. history, much less in the history of the world. He was actually the first president since Herbert Hoover in the Depression to leave office with fewer jobs than when he started.
The U.S. did have the most jobs on record before the pandemic, but population growth explains part of that. The 3.5% unemployment rate before the pandemic-induced recession was at a half-century low, but the percentage of people working or searching for jobs was still below a 2000 peak.
Nobel Prize-winning economist Paul Romer looked at Trump’s economic growth record. Growth under Trump averaged 2.48% annually before the pandemic, only slightly better than the 2.41% gains achieved during Barack Obama’s second term. By contrast, the economic expansion that began in 1982 during Ronald Reagan’s presidency averaged 4.2% a year.
Nobel Prize-winning economist Paul Romer looked at Trump’s economic growth record. Growth under Trump averaged 2.48% annually before the pandemic, only slightly better than the 2.41% gains achieved during Barack Obama’s second term. By contrast, the economic expansion that began in 1982 during Ronald Reagan’s presidency averaged 4.2% a year.
WIND POWER
TRUMP, assailing Democrats on energy policy: “The windmill calamity that we’re witnessing in Texas ... it’s so sad when you look at it. That will just be the start.”
Robertjames
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