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tRumpFuckingIdiot ...

Trump: "The GDP Rate (4.2%) is higher than the Unemployment Rate (3.9%) for the first time in over 100 years!"

[Thread] This is totally true if you exclude 1948Q1,1948Q2,1950Q1,1950Q2,1950Q3,1950Q4,1951Q1,1951Q2,1951Q3,1952Q1,1952Q4,1953Q1,1953Q2,1954Q4,1955Q1,1955Q2,1955Q3,1956Q4,1958Q3,1958Q4,1959Q1,1959Q2,1960Q1,1961Q3,1961Q4,1962Q1,1963Q3,1964Q1,1964Q3,1965Q1,1965Q2,1965Q3,1965Q4,1966Q1,1968Q1

and 1968Q2,1969Q1,1971Q1,1972Q1,1972Q2,1972Q4,1973Q1,1976Q1,1977Q2,1977Q3,1978Q2,1980Q4,1981Q1,1983Q4,1984Q1,1987Q4,1988Q4,1996Q2,1997Q2,1997Q3,1998Q3,1998Q4,1999Q3,1999Q4,2000Q2,2003Q3,2006Q1

...and ignore the fact that we don't have reliable unemployment or GDP data before 1948, but it probably also occurred a fair few more times than I've listed. ...

Thread by @JustinWolfers: "This is totally true if you exclude 1948Q1,1948Q2,1950Q1,1950Q2,1950Q3,1950Q4,1951Q1,1951Q2,1951Q3,1952Q1,1952Q4,1953Q1,1953Q2,1954Q4,1955Q1 […]"



 
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