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Dear John,
Why is there this persistent myth that Republicans are better at handling the economy?
I hear it all the time, but especially during election season.
Check out this week’s video and let’s put some facts and figures together to bust this myth. After you watch, help us get the message spread wide and far by sharing it with some friends!
The economy will undoubtedly take center stage in 2024. Donald Trump will of course claim that he built "the greatest economy in the history of the world" during his first term in office.
But like his Republican predecessors, Trump’s tax breaks for the rich and big corporations failed to boost the economy. Even before the pandemic, American job growth slowed under Trump. In total, Trump oversaw a net loss of nearly 3 million jobs -- the worst presidential job performance on record.
By contrast, America added more jobs in Obama’s last three years than in Trump’s first three. And the U.S. has added over 14 million new jobs under Biden -- more than under any previous president in a single term.
It’s not just Trump’s economy that was bad for America: A recent analysis shows the economy has grown twice as fast under Democrats as under Republicans over the last 90 years.
Republican presidents have led us into the three worst economic crises of the last century, and Democrats led us out of them. As you’ll see in our latest video, this is no coincidence.
Why would we trust the Republicans with our economy again?
Thank you for paying attention, and drawing others’ attention to the facts, as well!
Robert Reich
Inequality Media Civic Action
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