Trump's latest boast about the economy isn't even close to accurate - News Summed Up

Trump's latest boast about the economy isn't even close to accurate


(CNN) President Donald Trump spent the morning bragging about the economy. "The GDP Rate (4.2%) is higher than the Unemployment Rate (3.9%) for the first time in over 100 years!" The GDP Rate (4.2%) is higher than the Unemployment Rate (3.9%) for the first time in over 100 years! The overall US economy grew at a 4.2% annual rate in the second quarter. Unemployment was between 3.8% and 4% during the quarter, and it came in at 3.9% in August.


Source: CNN September 10, 2018 15:22 UTC



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