The Daily

The Daily

Share this post

The Daily
The Daily
Biden's New Jobs Report Has Destroyed The Myth Of Trickle Down Economics
Copy link
Facebook
Email
Notes
More

Biden's New Jobs Report Has Destroyed The Myth Of Trickle Down Economics

The June jobs report is more proof that the Biden economic policy is delivering what GOP trickle down economics promised.

Sarah Jones & Jason Easley's avatar
Sarah Jones & Jason Easley
Jul 07, 2023
∙ Paid
28

Share this post

The Daily
The Daily
Biden's New Jobs Report Has Destroyed The Myth Of Trickle Down Economics
Copy link
Facebook
Email
Notes
More
3
3
Share

This is a NewsBlast from The Daily. NewsBlasts are a new feature for our paid subscribers that will briefly discuss a current story in the news. To get NewsBlasts in your inbox, please consider becoming a paid subscriber.

Biden Delivers The Jobs That Trump’s Trickle-Down Economics Promised

Back in 2016, as a candidate, Donald Trump promised to create 25 million new jobs in a decade through an economic plan that turned out to be a massive tax cut for the wealthy and corporations.

Trump did not come close to the 25 million promised jobs. In the first three years of his presidency, Trump created 6.6 million jobs, which was 1.5 million fewer jobs created than Obama’s first three years.

Trump could not keep up with Obama, who inherited an economy that was amid the Great Recession.

This fact is a stinging indictment of the failure of trickle-down economics, but the death blow for trickle-down has come from President Joe Biden.

Keep reading with a 7-day free trial

Subscribe to The Daily to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Jason Easley
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share

Copy link
Facebook
Email
Notes
More