… Our resolve is unbroken, and our purpose is unchanged.”Also unchanged: Virtually the rest of his speech, undifferentiated from a normal Trump stump speech. But this wasn’t just any Trump speech. One of the strongest ways to assess the economy is the unemployment rate, which fell during Trump’s presidency to levels untouched in five decades. Another metric — the growth rate in personal consumption per person, adjusted for inflation — wasn’t higher under Trump than previous presidents. Of the 30 nonoverlapping three-year periods from 1929 to the end of his presidency, Trump’s periods ranked in the bottom third.

Source: Washington Post July 19, 2024 19:25 UTC