September 30, 2024
Darn facts on the economy
By Jack Hellner
One of the biggest lies of all from the Democrats and the media is that Biden-Harris inherited an economic disaster—but in reality, they inherited a soaring economy.
Another lie we are told is how much better Biden-Harris policies have been for minorities and manufacturing, but facts are stubborn things.
The following are a set of facts from the Bureau of Labor Statistics from February of 2020, three years into Trump’s term and before COVID, and for August 2024, three years and seven months into the Biden-Harris term.
Teenage unemployment
Feb. ‘20: 11.4%
Aug. ‘24: 14.1%
Black unemployment
Feb. ‘20: 6.1%
Aug. ‘24: 6.1%
Hispanic Unemployment
Feb. ‘20: 4.3%
Aug. ‘24: 5.5%
Less than H.S. Unemployment
Feb. ‘20: 5.7%
Aug. ‘24: 7.1%
H.S. Graduate Unemployment
Feb. ‘20: 3.7%
Aug. ‘24: 4.0%
Trump’s policies were lifting all boats. Poverty hit record lows at the end of 2019, and real wages were rising rapidly, especially for those at the bottom—the people about whom Democrats only pretend to care.
more
https://www.americanthinker.com/blog/2024/09/darn_facts_on_the_economy.html
