Captioning a post on Instagram “Jobs! Jobs! Jobs!”, President Donald Trump trolled his predecessor, Barack Obama, and proclaimed his success in the nation’s economy. Trump celebrated the current employment rate with a video that mocked Obama with his own words.
The beginning of the video features Obama criticizing then-candidate Trump’s promises of bringing jobs back to the United States. Obama says on the clip: "Some of those jobs from the past are just not gonna come back," and added, "And when somebody says, 'He's gonna bring all these jobs back.' Well, how exactly are you gonna do that? What are you gonna do? What magic wand do you have?"
The video then goes to feature Trump boasting of more than 400,000 manufacturing jobs, having created 4 million jobs since the 2016 election. "Wages are growing at the fastest pace in nearly a decade," Trump says at a rally. Reading from a report, he said, "More Americans are employed than ever before in the recorded history of our country."
Citing news reported by Fox News and CNBC, White House advisor Larry Kudlow says on the video: "The economic boom continues; it's the biggest story of 2018.” The "new policies are working," he said.
Last week, the U.S. Labor Department marked a near 50-year low in workers' unemployment benefit filings. The Trump administration has also shown a significant 4.2 percent GDP (gross domestic product) for the April-June quarter, which is the fastest rate since 2014's third quarter, according to Reuters. Also, ethnic minorities have seen record-breaking economic boosts, too. "The national unemployment rate has dropped to just 3.9%, per the Bureau of Labor Statistics. In July, unemployment for Hispanics hit a new record low at 4.5% and Black unemployment hit 5.9% in May, the lowest it's been since 1972," noted The Daily Wire.