The U.S. Labor Department reported the economy created 128,000 jobs in October, down from the September numbers and less than was predicted by economists. The unemployment rate came in at 3.6%, up from the 3.5% in September. Earlier in the week the Commerce Department reported the GDP for the third quarter ending September 30 came in at an annual rate of 1.9% and that the yearly GDP for all of 2019 is projected to be around 2.1%.
After the job numbers were released, Trump went into his usual lying mode and tweeted that the economy created 303,000 jobs in October, almost 3 times as many as the official report from the Labor Department. He also tweeted the economy was the greatest ever, another flat out lie. Trump said during the campaign the GDP in his administration would be in the range of 3-6% and even higher but PolitiDose has the trump man and his party's number, the economy under every democratic administration in the past 50 years was better.
And after 33 months in office Trump continues to lag behind the Obama administration's job creation record in his last 33 months in office and by a wide number. In Trump's first 33 months in office 5,989,000 jobs have been created for a monthly average of 181,484. In President Obama's last 33 months in office 7,079,000 million jobs were created for a monthly average of 214,515.
To top it off, manufacturing was down for the third straight month and is still in a recession. The Trump tax cuts that was billed as bringing jobs back to America from overseas was a fairy tale. And Trump lead the way by not bringing back any of his companies to America. So now the trumpet man is floating a middle class tax cut for next year when it should have been his priority in the first place.
The country and its people will never be free of Trump's lies until he leaves office.
This commentary written by Joe Lorio
