Transcript for By the Numbers: Trump’s economic record before COVID-19
As we head now and tonight two of the Republican National Convention we can expect high praise for president trumps pre pandemic economic record. While there's much to debate about the strength and merit of that track record tonight. We look broadly by the numbers at just a few key data points until the pandemic hit in February the US economy had expanded. For 128. Straight months making get the country's largest economic expansion on record. Well to try to campaign touts this impressive growth it is worth noting the expansion actually began in June of 2009 on president Obama's watch. Annual GDP growth reached three point 1% in early 2019 that was below what trump promised during the 2016 campaign. But nevertheless still strong. Then of course the rotavirus struck in the US economy contracted by 32 point 9% from the previous year the sharpest decline in modern American history. There was also a look at unemployment which fell to 3.5. Percent last year the lowest. In half a century by comparison unemployment dropped to a low of four point 7% during a bombing years still a dramatic fall from where began. At 10%. Today after twelve point nine million Americans have lost jobs during the pandemic were currently at ten point 2% unemployment.
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