Donald Trump repeatedly took credit for for the bull market as one of the prime indicators of the impact of his presidency on the U.S. Economy.
In the past year of Trump’s presidency the DJIA is down 9.2%. Since Trump’s inauguration the DJIA is up 16.1%, roughly an average of 8% per year.
In the last year of Barak Obama’s presidency the DJIA was up 24.8%.
During the second term of Obama’s presidency nearly 10.3 million jobs were created. 4.2 million new jobs have been created so far during Trump’s presidency, far behind the pace set during Obama’s presidency.
Mr. Trump, according to your metrics who do you think had the more positive impact on the economy now?
Published by richzacaroli
Following his military service, Richard (Rich) Zacaroli has enjoyed a long and successful career in the private sector. Leading organizations and guiding innovation that creates value for shareholders and stakeholders have been Rich’s core strengths.
Rich has traveled to over 50 countries, and for many years lived as a U.S. expatriate in Europe. Through his experiences Rich developed an understanding and empathy for what we must do a global citizens to enable progress for the betterment of the global community.
Rich earned an MBA from Lake Forest Graduate School of Management with a certificate in Change Management, a BS from Wichita State University.
He has served on numerous NGO boards and is a member of Rotary International.
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