{"id":56494,"date":"2024-09-11T11:44:16","date_gmt":"2024-09-11T15:44:16","guid":{"rendered":"https:\/\/www.rightwinggranny.com\/?p=56494"},"modified":"2024-09-11T11:44:16","modified_gmt":"2024-09-11T15:44:16","slug":"the-real-economic-numbers","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=56494","title":{"rendered":"The Real Economic Numbers"},"content":{"rendered":"<p>On Tuesday, <a href=\"https:\/\/www.breitbart.com\/economy\/2024\/09\/10\/breitbart-business-digest-the-economic-numbers-that-matter-for-the-trump-harris-debate\/\" target=\"_blank\" rel=\"noopener\">Breitbart<\/a> posted a cheat sheet for anyone watching the debate who might wonder about the economic information cited. The cheat sheet came in very handy, as much of what Vice-President Harris cited in terms of economic numbers was pure fiction.<\/p>\n<p>Here are the numbers on the Trump economy and the Biden economy:<\/p>\n<ul>\n<li>Peak Inflation for Trump: 2.85%<\/li>\n<li>Peak Inflation for Biden-Harris: 8.98%<\/li>\n<li>Peak annualized inflation for Trump: 6.3% in September 2017<\/li>\n<li>Peak annualized inflation for Biden-harris: 16.05% in June 2022<\/li>\n<li>Cumulative Trump Inflation: 5.9%<\/li>\n<li>Cumulative Biden-Harris Inflation: 19%<\/li>\n<li>Cumulative Trump grocery inflation: 6%<\/li>\n<li>Cumulative Biden-Harris grocery inflation: 20.9%<\/li>\n<li>Rent increase under Trump: 12.5%<\/li>\n<li>Rent increase under Biden-Harris: 22.1%<\/li>\n<li>Months of PCE inflation above two percent under Trump: 5<\/li>\n<li>Months of PCE inflation above two percent under Biden-Harris: 40<\/li>\n<li>Manufacturing Jobs Added under Trump: 414,500<\/li>\n<li>Manufacturing Jobs Added under Biden-Harris: 138,000<\/li>\n<li>Growth of Manufacturing Jobs under Trump: 3.5%<\/li>\n<li>Growth of Manufacturing Jobs Under Biden-Harris: 1.07%<\/li>\n<li>Trump employment growth: 6.5 million<\/li>\n<li>Percent Trump employment growth: 4.3%<\/li>\n<li>Biden-Harris employment growth: 2.6 million<\/li>\n<li>Percent Biden-Harris employment growth: 1.7%<\/li>\n<li>Trump wage gain: 6.46%<\/li>\n<li>Biden-Harris wage gain: 5.17%<\/li>\n<li>Trump wage gain: 6.54%<\/li>\n<li>Biden-Harris wage gain: 0.00%<\/li>\n<li>Foreign born population growth under Trump: 2.2%<\/li>\n<li>Foreign born population growth under Biden-Harris: 12.6%<\/li>\n<li>Foreign-born employment growth under Trump: 7.5%.<\/li>\n<li>Foreign-born employment growth under Biden-Harris: 14.2%.<\/li>\n<li>Foreign-born workers as a percentage of all U.S. workers under Trump: 17.4%<\/li>\n<li>Foreign-born workers as a percentage of all U.S. workers under Biden-Harris: 19.6%<\/li>\n<li>Trump average budget deficit 2018-2019: $809 billion<\/li>\n<li>Biden-Harris average budget deficit 2022-2023: $1.5 trillion<\/li>\n<li>Trump budget deficit as share of GDP in 2018: 3.8%<\/li>\n<li>Trump budget deficit as share of GDP in 2019: 4.6%<\/li>\n<li>Biden-Harris budget deficit as share of GDP in 2022: 5.3%<\/li>\n<li>Biden-Harris budget deficit as share of GDP in 2023: 6.2%<\/li>\n<li>Average economic growth in first three years of Trump administration: 2.7%<\/li>\n<li>Average economic growth in first three years of Biden-Harris administration: 3.4%<\/li>\n<li>Average economic growth under Biden-Harris excluding 2021 pandemic rebound: 2.2%<\/li>\n<li>Average return of S&amp;P 500 in first three years of Trump administration: 16.3%<\/li>\n<li>Average return of S&amp;P 500 in first three years of Biden-Harris administration: 12.3%<\/li>\n<li>Peak 30-year mortgage interest rate under Trump: 4.94%<\/li>\n<li>Peak 30-year mortgage interest rate under Biden-Harris: 7.76%<\/li>\n<\/ul>\n<p>If Vice-President Harris truly cared for the financial well being of American families, she would tell them to vote for President Trump!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Tuesday, Breitbart posted a cheat sheet for anyone watching the debate who might wonder about the economic information cited. The cheat sheet came in very handy, as much of what Vice-President Harris cited in terms of economic numbers was &hellip; <a href=\"https:\/\/www.rightwinggranny.com\/?p=56494\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[15494,10348,6252,2315,401,16982,16263,12882,2710,11153,10589,11002,11928],"class_list":["post-56494","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-biden-economy","tag-breitbart","tag-breitbart-com","tag-budget-deficit","tag-economic-growth","tag-employment-growth","tag-foreign-born-workers","tag-harris-administration","tag-manufacturing","tag-manufacturing-jobs","tag-president-trump","tag-trump-administration","tag-trump-economy"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/56494","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=56494"}],"version-history":[{"count":1,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/56494\/revisions"}],"predecessor-version":[{"id":56495,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/56494\/revisions\/56495"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=56494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=56494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=56494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}