According to his economists, the trillion dollar stimulus program was a bust!
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Lots of MSM headlines these days about the strong economy that Obama is handing Trump … with a strong suggestion that Trump will have a hard time matching Obama’s stellar performance as a job creator.
Really?
On the plus side, the reported unemployment rate has dropped from the financial crisis highs.
For today, we’ll push aside the facts that (a) American’s who have been economically crushed largely voted the Dems out of office; and (2) the labor force participation rate has dropped precipitously – giving the unemployment rate a faux boost.
But, let’s dig a little deeper into the numbers … using the Administration’s own analyses.
The Homa Files 