Analysis: In June 2016, Trump tweeted nine charts criticizing Obama. Let’s see how he stacks up.
President Trump held a rally in Green Bay, Wis., on Saturday. By Philip Bump Philip Bump National correspondent focused largely on the numbers behind politics Email Bio Follow April 30 at 1:18 PM In early June 2016, then-candidate Donald Trump shared a set of nine graphs meant to demonstrate how President Barack Obama’s economic policies were failing.
With more than two years of Trump’s presidency now in the history books, we figured it was a good time to revisit those nine graphs to see whether the trends had shifted and, if so, when the reversals had begun. It’s important to note that not all of these metrics are objectively negative, so apply whichever grains of salt you deem appropriate.
The story here is simple: Student loan debt continues to accrue at about the same rate under Trump as it did under Obama.“Food stamps” What it actually was: Annual average participation in the Agriculture Department’s supplemental nutrition assistance program . This one is straightforward. Despite Trump railing about the increase in debt under Obama, that increase has continued during his presidency.
After spiking at the tail end of the Bush administration — as the recession kicked in — the value of assets held by the Federal Reserve continued increasing until 2015 or so. Under Trump, those assets have been reduced. Black inequality rose during Obama’s administration — but only slightly. The scale of the graph Trump tweeted made the increase seem much steeper. It generally tracked with the coefficient for white households.“Median family income” What it actually was: Real median household income.
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