Posted on 09/30/2020 3:41:00 PM PDT by Ennis85
So during and after last night presidential debate I've seen trending the claim that the "US economy grew faster during Obama's last 3 years than it did during Trump's first 3 years". I wanted to read into this so I was just wondering if there was an article be it recent or not debunking this?
We both made mistakes.
Obama took office in 2013. So his first three years are 2013-2015 compared against the 2012 numbers. 18219.3/16197.01 = 12.49% growth. That is what I got.
Trump took office in 2017. His first three years are 2017-2019 compared against the 2016 number. 21427.7/18707.10 = 14.5%. Unfortunately, I typo-ed one of the numbers in my calc and ended up with 25%, which is obviously wrong.
Trump STILL outperforms Obomb.
You are wrong. The comparison made in the debate was between Obama’s LAST 3 years and Trump’s first 3 years. The proper deltas for those 3-year periods are 2013 to 2016 and 2016 to 2019. I made no mistake and eliminated all possible sources of argument, population and inflation.
Sorry, I thought it was the first three years of each of their terms.
I’m also very happy that you’ve concluded it is settled science.
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