US Presidency
2020

10.6 million jobs since May. That’s a record that is not even close. Second place is a long ways away. In July, the Congressional Budget Office was projecting unemployment over 10.5 percent through the end of 2020. So they thought 2020, and maybe it would be a lot longer than that. Some projections, where you’d go through the entire year, and that includes a lot of months in the following year, 2021. And instead, the unemployment rate plunged, really, to the surprise of many, all the way down to 8.4 percent in August. And that’s the second-largest single month decline on record. And we have the first; we have both of them. So we have the two number-one declines—“decline” meaning positive, not negative. We’re currently witnessing the fastest labor market recovery from an economic crisis in history—world history. By contrast, Biden presided over the worst, the weakest, and slowest economic recovery since the Great Depression. It was a long, slow slog, and it was a very small—very small on growth and very small on every other factor that you need.