Depending on who your source is, and we know what yours are and they are lying. hewhoshitsinpants was down in job growth since he was elected and inherited a up line of growth from Obama, which shittypants pissed away. And then shittypants tried to take credit for growth following the start of the pandemic. He had no policies or plans in place to help anyone but himself, cronies and his family. You can read lies like this article:
Looking at the data, yes, about 11.4 millions jobs were added to the U.S. economy between May and September — and the Trump administration’s comments about the economy showing significant job growth since the early weeks of the pandemic were true at face value.
However, that upward trend had little to do with the White House and everything to do with how businesses on a grand scale adapted to new rules on social distancing to curb the spread of the deadly virus. In March, for instance, California issued the first statewide “stay at home order” and New York City closed all non-essential businesses — both decisions that contributed to April’s historic job loss.
Then, over the weeks, employers developed plans for operating under public health officials’ recommendations to curb the spread of COVID-19 and, as a result, were able to bring back workers who had been furloughed or reopen after a temporary shut down. Those trends significantly impacted job growth in the U.S. — not Trump.
Additionally, a Paycheck Protection Program (PPP) loan — which was developed by Congress, not the White House, via the March Coronavirus Aid, Relief, and Economic Security (CARES) Act — helped some small businesses bring back lost positions or keep workers who would otherwise have been laid off. That stimulus package’s direct payments to Americans who earned 75,000 annually or less (or families that made up to $150,000 annually) may have also driven spending in the summer months and, consequently, kept some employers afloat after initial shock to their profits earlier in the year.
[color=red]All of that said, no evidence showed that the Trump administration enacted policies — whether related to taxes or trade — that “added back” the jobs but rather economic trends shifted from the early days of the outbreak, during mass furloughs and business closures.[/color]
Here’s the bottom line: Presidential administrations often exaggerate their influence on the economy — especially when employment is showing somewhat positive signs — no matter if they’re leading the country during a crisis like the COVID-19 outbreak or comparatively normal times. As Neil Irwin wrote for The New York Times in January 2017, just days before Trump’s inauguration:
The reality is that presidents have far less control over the economy than you might imagine. Presidential economic records are highly dependent on the dumb luck of where the nation is in the economic cycle. And the White House has no control over the demographic and technological forces that influence the economy.
Additionally, the White House had little influence on how businesses quickly adapted recommendations by public health officials to safely operate during the pandemic.
For those reasons, we rate this claim a “Mixture” of truth and falsehoods. It was true that the country added back about half of the jobs lost during the early months of the pandemic, though it was a false misinterpretation of economic conditions to tie that job growth to Trump policies — or that he “cut taxes, rolled back regulation and unleashed American energy, fought for free and fair trade,” like Pence alleged, and that those moves directly added jobs.
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