07-02-2018, 10:58 PM
Here is Ivanka, arguing labor force participation has gone up:
That follows Larry Kudlow arguing Trump tax cuts have the deficit declining, equally false.
But we guess if the effects of the tax cuts aren't visible (except in share buybacks), they'll going to be making stuff up..
Quote:Ivanka’s comment might lead you to believe that the labor force participation rate — a statistic which tracks the percentage of people 16 and over who are actively seeking work and employed — has gone up since her father took office in January 2017. But that’s not the case. According to data from the Bureau of Labor Statistics, the labor force participation rate has actually fallen from 62.9 percent in January 2017 to 62.7 in May of this year. So Ivanka’s claim about workers “coming back off the sidelines” thanks to the Trump administration’s economic policies is false.Ivanka Trump makes bogus claim about labor force participation rate – ThinkProgress
That follows Larry Kudlow arguing Trump tax cuts have the deficit declining, equally false.
But we guess if the effects of the tax cuts aren't visible (except in share buybacks), they'll going to be making stuff up..