TrendsWide
Contact US
  • Home
  • Trending
  • Health
  • Life Style
  • NBA
  • Reviews
No Result
View All Result
TrendsWide
  • Home
  • Trending
  • Health
  • Life Style
  • NBA
  • Reviews
No Result
View All Result
TrendsWide
No Result
View All Result
Home News

President Trump’s farewell message fact-checked

by souhaib
January 20, 2021
in News
0
President Trump’s farewell message fact-checked
74
SHARES
1.2k
VIEWS
Share on FacebookShare on TwitterShare on Reddit
ADVERTISEMENT


By Reality Check team
BBC News

Mobile phone image of President Trump speaking

image copyrightGetty Images

image captionPresident Trump gave his final address late on Tuesday

In his final address before leaving the White House, President Trump said that while in office he had done what he came to do.

We’ve fact-checked some of the claims he made about his record.

Claim 1: “When our nation was hit with the terrible pandemic, we produced not one, but two vaccines with record-breaking speed.”

The US Food and Drug Administration (FDA) has granted emergency use for two Covid-19 vaccines – Moderna and Pfizer/BioNTech.

The government’s vaccine programme, Operation Warp Speed, did provide funding for the development of the Moderna vaccine.

While Pfizer/BioNTech did sign a deal with the government to deliver doses, it didn’t receive any money to do development or testing.

And although Pfizer is a US firm, this particular vaccine was developed in conjunction with the German-based BioNTech company.

It was their gene-based technology which was the key to making the vaccine.

Claim 2: “We proudly leave… with the strongest border security measures ever put into place… with more than 450 miles of powerful new wall.”

Building a wall along the southern border with Mexico was one of his major pledges in the run-up to the 2016 election.

As of 4 January 2021, a total of 452 miles (757km) of barrier has been built since he took office.

However, the vast majority of this new wall replaced existing structures on the border.

  • Trump’s wall: How much has been built during his term?

Only 80 miles of new barriers have been built where there was none before.

Of this 47 miles is what’s called primary wall, and 33 miles is secondary wall that reinforces the initial barrier.

President-elect Joe Biden said he would not build “another foot” of the wall.

Claim 3: “We built… the greatest economy in the history of the world.”

The US economy has certainly done well under Trump prior to the coronavirus pandemic, but there have been periods under previous administrations when it did significantly better.

In his first three years in office, Trump oversaw an annual average growth of 2.5%.

This was slightly higher than the final three years of the Obama era.

However, there have been many periods when the growth of GDP – the value of goods and services in the economy – was a lot higher.

And in 2020 the economy saw the largest contraction on record because of the coronavirus pandemic.

It rebounded by 33% in the third quarter last year, itself a record for a quarterly increase, but this did not bring economic activity back to pre-pandemic levels.

Numbers for GDP for the final quarter of 2020 are yet to be published.

Claim 4: “We… achieved record low unemployment for African Americans, Hispanic Americans, Asian Americans…”

The African American and Hispanic American unemployment rate hit 5.2% and 4% respectively in August 2019.

These were the lowest rates recorded since the US Labor Department started collecting these statistics in the 1970s.

The unemployment rate has recently spiked sharply for both groups because of the huge impact of the pandemic on the US economy.

And this has disproportionately affected African Americans and Hispanic Americans – their unemployment rates are 3.2 and 2.6 percentage points higher respectively than the overall figure.

Asian American unemployment is currently 5.9%.

It reached a record low of 2.1% in June 2019, but these records only date back to 2003.

Claim 5: “We passed the largest package of tax cuts and reforms in American history”

That’s not right for tax cuts in general – previous ones have been larger. It is right for corporation tax.

We investigated this claim in 2018 shortly after Congress passed sweeping tax reform legislation. According to tax specialists, the cuts were big but not the biggest.

image copyrightAFP

The Committee for a Responsible Budget looked at the numbers and reported that President Trump’s tax cuts would be the eighth-largest in US history, compared with the overall size of the economy.

If you adjust the analysis for inflation, President Trump’s tax cuts rank fourth overall.

However, tax experts also assessed Mr Trump’s cut in corporation tax from 35% to 21%. Most said in absolute terms it was the biggest corporate tax cut in history.

Read more from Reality Check

Related Topics



Source link

You might also like

Wendy’s Lettuce E. Coli Outbreak Sales opportunities to Lawsuits in Michigan, Ohio

This Chart Demonstrates How Union Membership Has Modified Above Time

Elon Musk Bashes Amazon’s ‘the Lord of the Rings: the Rings of Power’

Tags: bbc
Share30Tweet19Share
Previous Post

GESAIL Birdbath De-icer Heater for Outdoor, 50W Birdbath Heater for Bird Bath in Natural Color with Premium Cast Aluminum

Next Post

Japan’s first regulatory approved gaming token Enjin (ENJ) surges 71% in a week

souhaib

Recommended For You

Wendy’s Lettuce E. Coli Outbreak Sales opportunities to Lawsuits in Michigan, Ohio

by souhaib
September 6, 2022
0
Wendy’s Lettuce E. Coli Outbreak Sales opportunities to Lawsuits in Michigan, Ohio

Individuals are filing lawsuits towards Wendy's right after starting to be contaminated with E. coli. The CDC hasn't confirmed the outbreak's resource, but said many sick persons had...

Read more

This Chart Demonstrates How Union Membership Has Modified Above Time

by souhaib
September 5, 2022
0
This Chart Demonstrates How Union Membership Has Modified Above Time

President Joe Biden stated in a Labor Working day speech that he encourages unions. Bureau of Labor Data data demonstrates the union membership rate has dropped from 20.1%...

Read more

Elon Musk Bashes Amazon’s ‘the Lord of the Rings: the Rings of Power’

by souhaib
September 5, 2022
0
Elon Musk Bashes Amazon’s ‘the Lord of the Rings: the Rings of Power’

Elon Musk criticized Amazon's "The Lord of The Rings: Rings of Electricity" on Twitter. The billionaire took difficulty with the show's male figures, stating they were "cowards." "Tolkien...

Read more

BLM Accuses Exec of Siphoning $10 Mil in Donations: Lawsuit

by souhaib
September 5, 2022
0
BLM Accuses Exec of Siphoning $10 Mil in Donations: Lawsuit

A Black Life Subject World Community Basis government siphoned $10 million for personal use, a lawsuit statements.  Shalomyah Bowers grew to become a "turned usurper" right after being...

Read more

Months-Outdated ‘Top Gun’ and ‘Spider-Man’ Scored in Labor Day Box Business

by souhaib
September 5, 2022
0
Months-Outdated ‘Top Gun’ and ‘Spider-Man’ Scored in Labor Day Box Business

More mature movies like "Prime Gun" and "Spider-Person" beat some more recent releases this Labor Day weekend. A re-release of "Jaws" also appeared in the best 10 during...

Read more
Next Post
Japan’s first regulatory approved gaming token Enjin (ENJ) surges 71% in a week

Japan’s first regulatory approved gaming token Enjin (ENJ) surges 71% in a week

No Result
View All Result

Recent Posts

  • How to declare my taxes before the IRS in the US? Link and necessary documents
  • Freshmen guards Gradey Dick and Jalen Hood-Schifino declare for NBA Draft
  • Army hides information about the Ayotzinapa case, says the GIEI
  • Alaska Indigenous honored 67 years soon after rescue
  • 3 matters you might have skipped as markets wrapped up a 1st-quarter rally

Browse by Category

  • Australia
  • Automotive
  • Business
  • Celebrity
  • Cryptocurrency
  • Deals
  • Economie
  • Education
  • Entertainment
  • Euro
  • Forex
  • Gaming
  • Health
  • Life Style
  • NBA
  • News
  • Politics
  • Reviews
  • Sports
  • Switzerland
  • Trending
  • U.S.
  • Uncategorized

Categories

  • Australia
  • Automotive
  • Business
  • Celebrity
  • Cryptocurrency
  • Deals
  • Economie
  • Education
  • Entertainment
  • Euro
  • Forex
  • Gaming
  • Health
  • Life Style
  • NBA
  • News
  • Politics
  • Reviews
  • Sports
  • Switzerland
  • Trending
  • U.S.
  • Uncategorized

Pages

  • Contact US
  • Newsletter
  • Privacy Policy
  • Terms & Conditions

© 2021 - TrendsWide

No Result
View All Result
  • Home
  • Contact US
  • Privacy Policy
  • Trending
  • U.S.
  • Economie
  • Deals
  • Reviews
  • Cryptocurrency
  • Health
  • Life Style
  • NBA

© 2021 - TrendsWide