Saturday, February 15, 2025

Trump’s Final Numbers

The statistics for the entirety of Donald Trump's time in office are nearly all compiled. As we did for his predecessor four years ago, we present a final look at the numbers. The economy lost 2.7 million jobs. The unemployment rate increased by 1.7 percentage points to 6.4%. Paychecks grew faster than inflation. Average weekly earnings for all workers were up 8.4% after inflation. After-tax corporate profits went up, and the stock market set new records. The S&P 500 index rose 67.8%. The international trade deficit Trump promised to reduce went up. The U.S. trade deficit in goods and services in 2020 was the highest since 2008 and increased 36.3% from 2016. The number of people lacking health insurance rose by 3 million. The federal debt held by the public went up, from $14.4 trillion to $21.6 trillion.

Comments

For comparison:

Biden's Numbers, 2024 Pre-Election Update

#1 | Posted by Angrydad at 2025-02-15 04:53 PM

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