Donald Trump Is Drafting on Obama’s Economy

How is the economy doing? Pretty well. But is it doing any better than it did under President Obama?

Here are nine metrics that tell the story. In all cases, I’m comparing the last three years of Obama with the first three years of Trump. And to keep everything on a level playing field, I’m measuring growth, not absolute numbers. That is, how much better was 2016 than 2013? And how much better was 2019 compared with 2016?

Take GDP. In the last three years of Obama’s term it increased 7.2 percent. In the first three years of Trump’s term it increased 7.8 percent. So Trump did slightly better, largely thanks to Republicans deciding they no longer cared about ballooning deficits.

In some cases, of course, higher is better, while in others lower is better. I’ve labeled each one to show which president turned in the better performance. Needless to say, all figures are adjusted appropriately (i.e., corrected for inflation, rate per million, percent of GDP, etc.).

I don’t think anyone cares much about this, and it certainly won’t do any good on the campaign trail. A good economy is a good economy, regardless of how it happened. This is just for the record.

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TIME IS RUNNING OUT!

We have an ambitious $350,000 online fundraising goal this month and it's truly crunch time: About 15 percent of our yearly online giving usually comes in during the final week of the year, and in "No Cute Headlines or Manipulative BS," we explain why we simply can't afford to come up short right now.

The bottom line: Corporations and powerful people with deep pockets will never sustain the type of journalism Mother Jones exists to do. And advertising or profit-driven ownership groups will never make time-intensive, in-depth reporting viable.

That's why donations big and small make up 74 percent of our budget this year. There is no backup to keep us going, no alternate revenue source, no secret benefactor. If readers don’t donate, we won’t be here. It's that simple.

And if you can help us out with a donation right now, all online gifts will be matched thanks to an incredibly generous matching gift pledge.

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