Friday, August 4, 2017

One way Trump is outperforming other presidents

Six months into his presidency, Donald Trump has one big thing going for him: a robust job market.
Employers added 209,000 jobs in July, while the unemployment rate fell to a remarkably low 4.3%. During Trump’s first six months in office, the US economy added nearly 1.1 million jobs, earning Trump a B+ for the state of the economy under his watch on the Yahoo Finance Trumponomics Report Card.
Before Trump critics freak out—yes, it’s obviously true Trump inherited an improving economy from his predecessor, Barack Obama. Underlying factors such as strong corporate profits, low interest rates and an improving global economy explain most of the job gains, rather than any policies Trump has put into place. Trump, in fact, has faltered on virtually every major policy issue he’s undertaken, with few accomplishments to crow about so far.