|economic growth rate since trump||0.7||0.3||3654||60|
During his first three years in office, President Trump oversaw an annual average growth of 2.5%. The last three years of the Obama administration saw a similar level of growth (2.3%).Is economic growth under Trump worse than under Obama or bush?
Economic growth under Trump was barely above both Obama and Bush before the pandemic wrecked it. Gross domestic product measures the total value of all goods and services that a country produces in a year. The GDP evenly grew during most of the Bush administration, averaging out to 2.1% per year, according to the Hudson Institute.Is the US economy doing better under President Trump?
While the US economy put in some solid growth numbers during President Trump's first three years in office, the numbers pale in comparison to other periods of US history.Did Trump build the greatest economy in the history of the world?
In the lead-up to the 2020 Presidential election, President Trump frequently boasted that he "built the greatest economy in the history of the world". When most people look at the strength of the economy, they usually look to GDP growth on an annualized basis.