US EditionTrump defends the US economy with charts after job reports showed warning signs
DISTRICT OF COLUMBIA, UNITED STATES, AUG 7 – President Trump used charts to counter concerns from a July jobs report showing only 73,000 jobs added and downward revisions of 258,000 jobs, highlighting overestimations under Biden.
- On Thursday, President Donald Trump called a gathering of reporters in the Oval Office to share charts aimed at defending the U.S. economy amid concerns raised by the recent jobs report.
- Trump's presentation followed sluggish job growth, rising inflation, tariff impositions, and downward revisions to previous job numbers signaling economic challenges.
- Stephen Moore, a senior Heritage Foundation fellow, joined Trump and cited unpublished Census Bureau data showing a $1,174 inflation-adjusted median household income increase during Trump’s early second term.
- Moore asserted he corrected job overestimates from the Biden era and Trump claimed, "I think they did it purposely," though statistical proof for this theory remains absent.
- The event aimed to reshape the economic narrative while underlying data suggests ongoing inflation pressures and job gains weaker than prior years’ levels.
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Trump defends the US economy with charts after job reports showed
WASHINGTON: President Donald Trump unexpectedly summoned reporters to the Oval Office on Thursday to present them with charts that he says show the US economy is solid following a jobs report last week that raised red flags and led to the Republican firing the head of the Bureau of Labor Statistics.
·Riyadh, Saudi Arabia
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Total News Sources50
Leaning Left6Leaning Right4Center34Last UpdatedBias Distribution77% Center
Bias Distribution
- 77% of the sources are Center
77% Center
14%
C 77%
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