Need proof that Democratic President Joe Biden is losing it? He actually thinks his predecessor took jobs away from Americans.
He said as much on Monday during a speech commemorating Labor Day in Philadelphia.
“It wasn’t that long ago we were losing jobs in this country. In fact, the guy who held this job before me was just one of two presidents in history… one of two presidents in history that left office with fewer jobs in America than we he got elected office.”
President Biden: "It wasn't that long ago we were losing jobs in this country. In fact, the guy who held this job before me was just one of two presidents in history […] that left office with fewer jobs in America than when he got elected office."
President Biden on Monday… pic.twitter.com/YJHPRlrGT4
— The Hill (@thehill) September 4, 2023
Of course, he added, “Look, but we’re turning things around because of you.”
As is typical of the Democrats, Biden is attempting to claim that he’s doing better than his predecessor and that he’s somehow turning all the bad into good.
#LABORDAY: During his Labor Day speech in Philadelphia, Pennsylvania, President Biden touted "Bidenomics" to union members, stating, "In my first two years, I've created nearly 13.5 million jobs, more jobs in two years than any president has created in a four-year term." pic.twitter.com/hOhLMlAOFd
— Forbes (@Forbes) September 4, 2023
Of course, it’s all wrong…
Well, OK, so jobs were lost in 2020, the last year of Trump’s presidency.
But as you know, that had nothing to do with Trump’s policies or economic impacts. 2020 was the year COVID-19 arrived. And most of those jobs lost took place in Democratically, not Republican-led states.
It’s also important to point out that by the time Trump was out of office and before any of Biden’s policies went into effect, both the economy and national unemployment rates were recovering.
In April 2020, the height of the pandemic, unemployment sat at around 14.7 percent. By January 2021, when Trump left office, it was at 6.3 percent. It’s 3.8 percent now.
Additionally, it’s noted that during the first three years of Trump’s tenure in the White House, 6.7 million new jobs were created. Unemployment also hit a 50-year low of 3.5 percent. Labor participation was also great, at 63.3 percent, the highest since August 2013.
Need more proof the economy was in recovery?
The GDP sat at a very healthy 4.3 percent, even in 2020, Trump’s last full quarter in office. By the first quarter of 2021, before Biden’s policies took effect, growth was up even more, at 6.4 percent.
Compare that to now, when the GDP is at 2.4 percent. And while jobs have been created under Biden, experts note that most are simply making up still from what was lost under the pandemic. Biden hasn’t actually done much to increase anything.
So much for Biden’s ‘I’m better,’ claims.
