Trump claims credit for economy, jobs in New York speech

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The president faces reelection next year in a relatively healthy economy, yet student debt, high medical costs and rising inequality have given Democrats seeking the presidency inroads to say that only a privileged few have genuinely benefited from the Trump era. Despite his congratulatory rhetoric,

NEW YORK — Despite a slowing economy, President Donald Trump declared Tuesday that the United States was enjoying a"boom the likes of which we have never seen before!"

The president faces reelection next year in a relatively healthy economy, yet student debt, high medical costs and rising inequality have given Democrats seeking the presidency inroads to say that only a privileged few have genuinely benefited from the Trump era. Growth in the most recent quarter slowed to an annualized 1.9% — a far cry from the gains of"4%, 5% and even 6%" that Trump said his 2017 tax cuts would make possible. The president has not been able to boost the U.S. steel industry with tariffs, while coal has been supplanted as an energy source by natural gas.

 

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