Even Republicans hit hard by the coronavirus crisis continue to give Mr. Trump and his economy high marks.

The Dow Jones Industrial Average in particular took off when he won the presidency. On average, there were more jobs added monthly in Barack Obama’s second term than there were in Trump's first three years.

That was up 56 percent from 18,332, where it was the day Trump was elected in 2016. There was nothing dramatic in the post-2011 job figures until the pandemic hit this spring.

That’s not to besmirch the remarkably low unemployment under Trump, but it’s hard to ignore that the unemployment track under Obama had been downward. grow at better-than-4-percent annual rate. Second, the growth that began in Obama’s second term and essentially continued under Trump was enough to create an economy that even Trump believes was great. President Trump after delivering remarks at the 2020 Council for National Policy Meeting in Arlington, Va., on Friday. Eight in 10 Republican respondents who lost a job in the recession and have yet to return to work approve of Mr. Trump’s handling of the pandemic. Obama’s policies were hampering the U.S. economy, which Trump has realized and changed. “And what the actual economic situation is in November is less important to them than it would be in a different time with different candidates.”. Among registered voters who said they thought the economy was doing badly, 70 percent planned to support Mr. Biden and his running mate, Senator Kamala Harris of California, in November, according to the ABC/Post poll. President Trump after delivering remarks at the 2020 Council for National Policy Meeting in Arlington, Va., on Friday. If the economy falters now, Trump will have no one to blame but himself. Gallup, for example, found Mr. Trump enjoyed a 48 percent approval rating on the economy this month, down from 63 percent in January. The president continues to express confidence that economic issues favor him in the race, even as he overstates his mixed position in polls. Other lingering problems, such as continued high unemployment and a projected drop in GDP for the year, only emphasize how that one measure doesn’t come close to telling the whole story of the economy. Trump said he thought the economy could grow at better-than-4-percent annual rate. In December of 2019, the unemployment rate was a scant 3.5 percent, the lowest it had been in 50 years. The president has built an enduring brand with conservative voters, in particular, who continue to see him as a successful businessman and tough negotiator. The most repeated phrase of the Republican National Convention was that President Donald Trump created the greatest economy the world has ever seen. Additionally, his claim to having improved the economy falls short; so far he has brought in 186,000 fewer jobs than Obama did in his last seven months. If Trump is re-elected, he would not be rebuilding the economy again; he would be taking on a new task he did not face when he first arrived in Washington. Bush enjoyed when they stood for re-election? Mr. Trump’s relative strength on the economy, and whether Joseph R. Biden Jr. can cut into it over the next 10 weeks, are among the crucial dynamics in battleground states in the Midwest and the Sun Belt that are expected to decide the election. WASHINGTON — President Donald Trump’s campaign speeches can careen into many topics, but his primary appeal continues to be that he built “the greatest economy that we've had in our history” before the COVID-19 pandemic and he can do it again. Trump, who currently touts statistics about economic growth, criticized them when they didn’t go in his favor in the past. Brexit Britain looks ready to turn the page on the Trump administration. But Mr. Biden, the former vice president, is far from commanding on the issue: Voters were split almost evenly into thirds on the question of whether the economy would be in better, worse or about the same shape now, if he were president. More than 9 million people have voted early in Texas, surpassing the state’s total 2016 turnout.

Connect with friends faster than ever with the new Facebook app. The latest NBC News/Wall Street Journal poll shows he has an edge with voters on that issue and the Trump economy is likely to be a big topic this week at the Republican convention. Others praise Mr. Trump’s populist trade policies, including tariffs on imports from China that Mr. Trump claims have returned manufacturing jobs to America. To be clear, Obama’s figures were not bad on this measure. National Treasure or International Blemish? Claim: Because of the work of U.S. President Donald Trump, the American economy added 11.6 million jobs in summer and fall 2020 \u2014 regaining nearly half the jobs lost at the start of the COVID-19 pan…

Despite the recession, polling data and interviews with voters and political analysts suggest that a confluence of factors is raising the president’s standing on the economy issue. There is one big indicator that suggests a change under Trump, the rise in the stock market. Mr. Trump’s approval on the economy “has still generally remained positive, and better than his overall job approval,” he said. Trump’s accomplishments are as controversial as his failures, but no president is perfect. On Dec. 31, 2019, the DJIA was at 28,538. Mr. Trump “still has no plan to bring the pandemic under control or end the recession he catastrophically and needlessly worsened,” Andrew Bates, a Biden spokesman, said on Saturday. Voters have given him higher approval ratings on his handling of the economy — he topped 60 percent in one survey this year before the pandemic hit — even as some of his signature economic initiatives, like the 2017 tax cut package he signed into law, remain relatively unpopular. For many Republican voters and conservatives, optimism about the economy and approval of the president have become deeply entwined — and for Democrats, disfavor for Mr. Trump brought deep pessimism over the economy even in the years of growth and low unemployment before the crisis. Job numbers for Obama and Trump show a similar story. It is an enduring political question amid a pandemic recession, double-digit unemployment and a recovery that appears to be slowing: Why does President Trump continue to get higher marks on economic issues in polls than his predecessors Barack Obama, George W. Bush and George H.W. The president rightly takes credit for having low unemployment during his presidency. “I’ve seen a steady growth since he’s been in office,” said Rick Slowicki, president of Nonstop Couriers, a delivery service in Philadelphia that employs 11 people, runs 14 vehicles and expects revenue of $1.3 million this year. “This has certainly been helped by the last three good monthly jobs reports that occurred despite the continuing restrictions on many businesses to operate.”. Polls conducted in June, July and August for The New York Times by the online research firm SurveyMonkey underscore the degree to which even Republicans hit hard by the crisis continue to give Mr. Trump and his economy high marks. Many of those voters praise his economic stewardship before the pandemic hit, and they do not blame him for the damage it has caused. Since the recovery from the last recession the numbers look like a slow, steady build. In a recent ABC News/Washington Post poll, two-thirds of Americans said the economy was in bad shape — the most since 2014, and a 20-percentage-point increase in negative ratings of the economy since Mr. Trump took office. Reporting was contributed by Ben Casselman, Kathleen Grey, Jon Hurdle, Tom Kertscher, Alan Rappeport and Giovanni Russonello. Mr. Biden emphasized his plans to create jobs and to bring the virus under control in his acceptance speech at the Democratic National Convention last week, and he criticized Mr. Trump’s handling of the pandemic.

“For so many of these voters, opinions of Trump are basically baked in,” said Amy Walter, national editor for the Cook Political Report in Washington, who has written extensively on the economy and Mr. Trump’s electoral fortunes. If Trump is re-elected, he would not be rebuilding the economy again; he would be taking on a new task he did not face when he first arrived in Washington. However, as good as that number was, when Trump took office the rate was already at 4.7 percent. The economy is a centerpiece of his pitch for a second term. The SurveyMonkey polling shows Republicans are less likely to have lost a job in the crisis than Democrats or independents, though the gap shrinks when comparing only white voters.

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