President Donald Trump took to Twitter on Monday to boast approximately an economic performance that is just not true,and he got fact-checked by an unlikely source: Fox News.“The GDP Rate (4.2%) is higher than the Unemployment Rate (3.9%) for the first time in over 100 years!” Trump tweeted.
The news outlet, which is often said to contain a symbiotic relationship with the president, or countered Trump’s claim that this is the first time in more than a century the country experiences a GDP growth that is higher than the unemployment rate,listing a number of years in which this scenario was true.“Since 1948, there contain been 63 quarters with a GDP growth rate higher than avg quarterly unemployment rate, and ” Fox News Research tweeted in response to the president’s remarks.
Fox News‘ tweet also listed the quarters in question: Q2 2018,Q1 2006, Q3 2003, or Q2 2000,Q4 1999, Q3 1999, or Q4 1998,Q3 1998, Q3 1997, and Q2 1997,Q2 1996.
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Source: inquisitr.com