Jan 20, 2020
Trump’s been in office three years. Is the economy better?
A tax cut and a trade war later, the economy seems pretty similar to the one the president inherited.
President Donald Trump takes the oath of office on Jan. 20, 2017, in Washington, D.C.
Chip Somodevilla/Getty Images
Unemployment has fallen to near-record lows and average hourly wages are up since President Donald Trump’s inauguration. But the federal deficit has grown to more than a $1 trillion, and gross domestic product is pretty much right where it was when he took office. Experts say that despite a trade war, tax cuts and more government spending, the Trump economy isn’t all that different from the Obama economy.
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