Trump took over the state of the US, and in his speech at the beginning of this year, he did not forget to flaunt his extravagant efforts for building a strong US economy. This credit, however, remains a question for the thinkers of the country. Is this really what happened? While many people strongly believe in the economic achievements of Trump, including US Vice President Mike Pence, it is still very much a question as to who is the builder of this great economic empire.
As per this infographic, Obama was the first leader who struggled in the year 2008 because of a financial crisis. After that, the economy of the US kept soaring and intelligently increasing for the next eight years. The year in which Trump was elected to office, the economy was already progressing with employment growth. Obama left the office, and soon after, the rate of unemployment reduced to just 4.7 until the epidemic occurred and took millions of lives in a span of just a few months. This period experienced an increased unemployment rate hence causing a dramatic downfall of GDP under the administration of Trump.
