Trump Tweets ISIS and Bad Economic Numbers are Obama’s Fault, Both Not True
In his Twitter account, Donald Trump fired off a tweet blasting President Obama’s decision-making for causing ISIS and a horrible economy, claims that are as far from reality as one can get.
Obama's disastrous judgment gave us ISIS, rise of Iran, and the worst economic numbers since the Great Depression!
— Donald J. Trump (@realDonaldTrump) August 5, 2016
Reality
What was crazy about Trump’s claims, that we are seeing worst economic numbers since the Great Depression, is that there is no reading of any data that puts our economy at the same level of the Great Depression or even the Great Recession.
Also there was this little thing of the Labor Department’s monthly jobs and economic report released just a day after Trump’s tweet which shows a bright economic outlook. Whoops!
The Labor Department report said employers added 255,000 jobs in July continuing the longest streak of private-sector job growth, the unemployment rate remains below the natural rate at 4.9%, and the labor participation rate went up, all beating economic expectations. In response to the report the NASDAQ surged so high stocks are into record territory.
The jobs report was so good that usual critic Jeff Cox of NBC said “It’s hard to find anything bad, even for a skeptic.“
The even crazier claim in Trump’s tweet was how “Obama gave us ISIS.” A quick history lesson, ISIS was formed in 1999 and greatly expanded in 2003 by former members of Saddam Hussein’s Ba’ath party who were out of a job after the George W. Bush-lead invasion of Iraq, which was based on faulty evidence. Donald Trump (as well as Fox News) can’t rewrite history here, Barack Obama was not a United States Senator until 2005, two years after the start of the invasion.
Fact is, over the past 2 years ISIS has been, losing ground, pushed out of key cities, and cut off from revenue producing oil fields. While ISIS still has the ability to inspire attacks in other countries, the multi-nation military response is working.
Finally, the “rise of Iran” may sound scary to some on first read, but as experts at think-tanks and NATO have argued, their rise is unsustainable, short lived, and a good thing as it will help towards stabilizing the Middle-East.