PolitiFact did a fact check on Republican vice presidential nominee J.D. Vance's acceptance speech in Milwaukee.
Vice Presidential Nominee Sen. JD Vance waves during the Republican National Convention Wednesday, July 17, 2024, in Milwaukee. MILWAUKEE — Newly minted Republican vice presidential nominee Ohio Sen. J.D. Vance delivered a speech to delegates heavy on his biography and economically populist views, zeroing in on the Midwest’s manufacturing heritage and future.
The unemployment rate is the strongest evidence for this assertion. During Trump’s presidency, the unemployment rate fell to levels untouched in five decades. But his successor, Biden, matched or exceeded those levels.The annual increases in gross domestic product — the sum of a country’s economic activity — were broadly similar under Trump to what they were during the final six years under his predecessor, Obama. And GDP growth under Trump was well below that of previous presidents.
Nevertheless, NAFTA hit some U.S. industries harder than others. Based on a 2012 Organization for Economic Cooperation and Development study, workers at companies making everything from small home appliances to clothing took an economic hit, even as jobs were created elsewhere in the economy.Biden voted in favor of a 2002 resolution that authorized then-President George W.
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