Trump says the economy is quickly recovering from the pandemic. But 4 jarring statistics blow a hole in his argument.
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- Trump ushered in the Republican National Convention with effusive praise for his economic record.
- "There's never been three months when we've put more people to work. We're just about ready to break the all-time stock market record," Trump said at the RNC.
- But four economic statistics illustrate an increasing level of hardship among many Americans that sharply diverges from the president's version of events.
- Millions of Americans are unemployed and a growing share say they didn't eat enough. Many also face the prospect of evictions.
- Visit Business Insider's homepage for more stories.
President Donald Trump kicked off the Republican National Convention on Monday with a familiar theme: He's steering the economy to unprecedented heights, even amid the devastation inflicted by the coronavirus pandemic.
"We just broke a record on jobs, an all-time record," he said. "There's never been three months when we've put more people to work. We're just about ready to break the all-time stock market record."See the rest of the story at Business Insider
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See Also:
- Here's what's in the Trump campaign's 2nd-term agenda for jobs and the economy as the Republican National Convention gets underway
- Joe Biden would consider another round of stimulus checks if he's elected in November. Here's his economic plan to pull the US out of recession.
- Trump's unemployment extension may give jobless Americans only 3 weeks of extra benefits
