"What is true is that it's the highest in 10 years, and at some point somebody probably conveyed it to him adding a zero to that, and they shouldn't have done that", Hassett said.
HASSETT: "There was an inflection at the election of Donald Trump, and. a whole bunch of data items started heading north". In the second quarter of this year, it exceeded 4 percent and manufacturing jobs are making a comeback. Hassett notably did not include in his presentation any mention of overall job creation or the broadest measurement of the economy's output, GDP. Quarterly GDP growth is also adjusted to come up with the annual rate.
Obama spoke before a receptive audience Friday where he claimed that his administration reversed 40 years of bad economic trends during his eight years in office.
Economists generally acknowledge that growth has accelerated this year compared with 2016 and 2017, and majority partly credit last year's tax cuts for fueling more consumer and business spending.
Yet it barely missed that cutoff in 2015, when it expanded 2.9 percent under Obama.
HORSLEY: For example, if you look at overall job growth, 3.6 million jobs have been added in the U.S.in the 19 months that Donald Trump's been in office. Just 17 Percent of College Graduates Have Real Jobs Waiting", after Obama spanked Mitt Romney amongst young voters in 2012 by a margin of 67 percent to 30 percent, "Over 80 percent of all graduating seniors have zilch in the way of jobs lined up for their post-campus lives.
USA officials met Venezuela officers to discuss coup bid
They reportedly asked the attending US diplomat to supply them with encrypted radios, so as to "to communicate securely". US National Security Adviser John Bolton insisted there was "no US government involvement" in the incident .
In the longer term, the furor facing Sanders underlined one of the central themes of the midterm campaign so far - that the humming economy should have put Trump in a far better position than he is in now.
Many small-business people felt Obama was dismissive toward their efforts, particularly after his "You didn't build that" comment in July 2012.
Still, optimism doesn't automatically translate into more spending or jobs.
In less than two years of the Trump administration, the nation has effectively gained full employment (3.9 percent unemployment rate) with minority unemployment reaching record lows. Larger firms are better able to attract workers in a tight labor market because they typically can offer higher pay and more benefits.
"It is wrong for a President to use divisive language", Rubio factitiously agreed with former President Obama, before listing examples of Obama's divisive tactics, such as labeling opponents of same-same marriage as "bigots", calling the pro-life movement a "war on women", categorizing those who want immigration laws enforced as "racists", and suggesting Republicans are the "enemy of Hispanics". Statistics are dry. Show people who have jobs they couldn't find during the Obama years. Those swings alternatively dampened investment in drilling rigs and other heavy machinery and helped send that spending higher.