Donald Trump Is Drafting on Obama’s Economy

How is the economy doing? Pretty well. But is it doing any better than it did under President Obama?

Here are nine metrics that tell the story. In all cases, I’m comparing the last three years of Obama with the first three years of Trump. And to keep everything on a level playing field, I’m measuring growth, not absolute numbers. That is, how much better was 2016 than 2013? And how much better was 2019 compared with 2016?

Take GDP. In the last three years of Obama’s term it increased 7.2 percent. In the first three years of Trump’s term it increased 7.8 percent. So Trump did slightly better, largely thanks to Republicans deciding they no longer cared about ballooning deficits.

In some cases, of course, higher is better, while in others lower is better. I’ve labeled each one to show which president turned in the better performance. Needless to say, all figures are adjusted appropriately (i.e., corrected for inflation, rate per million, percent of GDP, etc.).

I don’t think anyone cares much about this, and it certainly won’t do any good on the campaign trail. A good economy is a good economy, regardless of how it happened. This is just for the record.

SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

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