Posted Date: 11/09/2018
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Trump sent another tweet to show off his achievements and he was once again beaten by himself.

Trump sent another tweet to show off his achievements and he was once again beaten by himself.

Original title: Trump said that the GDP exceeded the unemployment rate for the first time in a hundred years.

Trump made another tweak to show off his political achievements, and then he was beaten by his own people...

Trump made another tweak to show his political achievements

Trump said this on September 10: "President Obama said that President Trump had to have a magic wand to achieve a GDP growth rate of 4.2%. I guess I have one, 4.2%, we will do it. Better! This is the beginning!"

Trump said that the GDP exceeded the unemployment rate

In the previous tweets, Trump also mentioned, "This is the first time in 100 years that the US GDP growth rate exceeded the unemployment rate (3.9%)."

However, in a report by the American Broadcasting Corporation (ABC), Kevin Hassett, chairman of the White House Council of Economic Advisers, clarified: "I can tell you what is real. The truth is that this number is indeed the highest in 10 years. In a sense, some people want to pass this information to Trump, and then add a 0, they really should not do this."

Hassett also said: "I am not the chairman of the Twitter Advisory Board."

The US media said that gross domestic product (GDP) and unemployment rate are important indicators to measure economic changes, but the two are independent and different. GDP is a measure of the overall economic output of the United States and is used to measure economic health on a quarterly basis.

The numbers mentioned by Trump this time refer to GDP in the second quarter of 2018. Although such an indicator is likely to continue, for the rest of 2018, this is not something that can be determined anyway. 

Similarly, the unemployment rate indicator is presented every month, which is the proportion of the total number of unemployed people in the labor force. The US media believes that although both GDP and unemployment rate can reflect the state of economic operation, the two are compared with each other, just like apples and oranges.

Trump said that the GDP exceeded the unemployment rate for the first time in a hundred years


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