 Five Facts About The Obama Economy That Trump Does NOT Want You To KnowTrump likes to pretend he was handed  a mess  when he took office. Unfortunately, that s just not true. By the numbers, consumer confidence is the highest in a decade, unemployment is under five percent, and the country has been adding jobs for 80 straight months.Let s compare that to what President Obama inherited   the November before he took office, 533,000 jobs were lost, and up to three quarters of a million jobs were being lost per month during the crisis. That s over half a million jobs lost in a single month. The United States was in the midst of the worst financial crisis since the Great Depression. Obviously voters have short memories, or they d never have given control over the economy back to Republicans after the last fiasco. Hell, even Trump says the economy does better under Democrats.From Bloomberg:Obama took office during the worst recession since the Great Depression, when the economy was losing 750,000 jobs a month and already had lost a record 9 percent of GDP. He completed his two terms with the largest annual gain in the value of the dollar, the biggest annual decrease in household debt as a percentage of disposable income, and the largest annual increases in car sales and hourly wages. His presidency coincided with the second-highest annual gain in home equity and trailed only the Clinton period in deficit reduction as a percentage of GDP.Facts matter.For all their talk of  balanced budgets,  Republicans are really, really bad at balancing budgets. That s probably because they re more concerned with tax breaks for the rich and big business than they are with actually staying grounded in reality.It s well-known that President Clinton is the only modern president to ever balance the budget, and President Obama did the best after him as a percentage of GDP   and that s including the massive stimulus he used to fix our broken economy. The last Republican president, President George W. Bush, increased the nation s debt over 100 percent and left us with the financial crisis.In Trump s world of alternative facts, half the country is unemployed and begging for a savior. That doesn t match up with reality, though. The latest jobs report from the Department of Labor shows the truth   a 4.6 percent unemployment rate, and nearly sixteen million jobs added over the last eight years. I ll remind you again   the economy was losing hundreds of thousands of jobs per month when President Obama assumed office. He saved us.The United States is poised to save $100 billion in healthcare spending over the next decade thanks to Obamacare, studies have shown. Meanwhile, Republicans want to repeal Obamacare for strictly political purposes (likely replacing it with a similar plan   it was a conservative plan to start with, as most progressives favor Medicare-for-all or another form of universal healthcare), which is estimated to cost hundreds of billions  not to mention leaving the American people high and dry when it comes to seeking medical care.You can also thank President Obama for the fact that the United States is still competitive in the automotive industry. His stimulus single-handedly saved American cars. In fact, hundreds of thousands of jobs were added thanks to him, and GM, Ford, and Chrysler all saw significant profit increases thanks to the Obama task force. The Bush administration gets a tiny bit of credit for short-term loans that prevented bankruptcy until Obama assumed office, but that s giving credit holding off slightly on a disaster Bush was initially responsible for. Then President Obama stepped in and fixed it.Featured image via Pool/GettyNews
five facts about the obama economy that trump does not want you to knowtrump likes pretend handed mess took office unfortunately true by numbers consumer confidence highest decade unemployment five percent country adding jobs straight compare president obama inherited november took office jobs lost three quarters million jobs lost per month crisis that half million jobs lost single month the united states midst worst financial crisis since great depression obviously voters short memories never given control economy back republicans last fiasco hell even trump says economy better bloomberg obama took office worst recession since great depression economy losing jobs month already lost record percent gdp he completed two terms largest annual gain value dollar biggest annual decrease household debt percentage disposable income largest annual increases car sales hourly wages his presidency coincided annual gain home equity trailed clinton period deficit reduction percentage talk balanced budgets republicans really really bad balancing budgets that probably concerned tax breaks rich big business actually staying grounded president clinton modern president ever balance budget president obama best percentage gdp including massive stimulus used fix broken economy the last republican president president george bush increased nation debt percent left us financial trump world alternative facts half country unemployed begging savior that match reality though the latest jobs report department labor shows truth percent unemployment rate nearly sixteen million jobs added last eight years i remind economy losing hundreds thousands jobs per month president obama assumed office he saved united states poised save billion healthcare spending next decade thanks obamacare studies shown meanwhile republicans want repeal obamacare strictly political purposes likely replacing similar plan conservative plan start progressive favor another form universal healthcare estimated cost hundreds billions mention leaving american people high dry comes seeking medical also thank president obama fact united states still competitive automotive industry his stimulus saved american cars in fact hundreds thousands jobs added thanks gm ford chrysler saw significant profit increases thanks obama task force the bush administration gets tiny bit credit loans prevented bankruptcy obama assumed office giving credit holding slightly disaster bush initially responsible then president obama stepped fixed image via
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT:  Five Facts About The Obama Economy That Trump Does NOT Want You To KnowTrump likes to pretend he was handed  a mess  when he took office. Unfortunately, that s just not true. By the numbers, consumer confidence is the highest in a decade, unemployment is under five percent, and the country has been adding jobs for 80 straight months.Let s compare that to what President Obama inherited   the November before he took office, 533,000 jobs were lost, and up to three quarters of a million jobs were being lost per month during the crisis. That s over half a million jobs lost in a single month. The United States was in the midst of the worst financial crisis since the Great Depression. Obviously voters have short memories, or they d never have given control over the economy back to Republicans after the last fiasco. Hell, even Trump says the economy does better under Democrats.From Bloomberg:Obama took office during the worst recession since the Great Depression, when the economy was losing 750,000 jobs a month and already had lost a record 9 percent of GDP. He completed his two terms with the largest annual gain in the value of the dollar, the biggest annual decrease in household debt as a percentage of disposable income, and the largest annual increases in car sales and hourly wages. His presidency coincided with the second-highest annual gain in home equity and trailed only the Clinton period in deficit reduction as a percentage of GDP.Facts matter.For all their talk of  balanced budgets,  Republicans are really, really bad at balancing budgets. That s probably because they re more concerned with tax breaks for the rich and big business than they are with actually staying grounded in reality.It s well-known that President Clinton is the only modern president to ever balance the budget, and President Obama did the best after him as a percentage of GDP   and that s including the massive stimulus he used to fix our broken economy. The last Republican president, President George W. Bush, increased the nation s debt over 100 percent and left us with the financial crisis.In Trump s world of alternative facts, half the country is unemployed and begging for a savior. That doesn t match up with reality, though. The latest jobs report from the Department of Labor shows the truth   a 4.6 percent unemployment rate, and nearly sixteen million jobs added over the last eight years. I ll remind you again   the economy was losing hundreds of thousands of jobs per month when President Obama assumed office. He saved us.The United States is poised to save $100 billion in healthcare spending over the next decade thanks to Obamacare, studies have shown. Meanwhile, Republicans want to repeal Obamacare for strictly political purposes (likely replacing it with a similar plan   it was a conservative plan to start with, as most progressives favor Medicare-for-all or another form of universal healthcare), which is estimated to cost hundreds of billions  not to mention leaving the American people high and dry when it comes to seeking medical care.You can also thank President Obama for the fact that the United States is still competitive in the automotive industry. His stimulus single-handedly saved American cars. In fact, hundreds of thousands of jobs were added thanks to him, and GM, Ford, and Chrysler all saw significant profit increases thanks to the Obama task force. The Bush administration gets a tiny bit of credit for short-term loans that prevented bankruptcy until Obama assumed office, but that s giving credit holding off slightly on a disaster Bush was initially responsible for. Then President Obama stepped in and fixed it.Featured image via Pool/GettyNews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: five facts about the obama economy that trump does not want you to knowtrump likes pretend handed mess took office unfortunately true by numbers consumer confidence highest decade unemployment five percent country adding jobs straight compare president obama inherited november took office jobs lost three quarters million jobs lost per month crisis that half million jobs lost single month the united states midst worst financial crisis since great depression obviously voters short memories never given control economy back republicans last fiasco hell even trump says economy better bloomberg obama took office worst recession since great depression economy losing jobs month already lost record percent gdp he completed two terms largest annual gain value dollar biggest annual decrease household debt percentage disposable income largest annual increases car sales hourly wages his presidency coincided annual gain home equity trailed clinton period deficit reduction percentage talk balanced budgets republicans really really bad balancing budgets that probably concerned tax breaks rich big business actually staying grounded president clinton modern president ever balance budget president obama best percentage gdp including massive stimulus used fix broken economy the last republican president president george bush increased nation debt percent left us financial trump world alternative facts half country unemployed begging savior that match reality though the latest jobs report department labor shows truth percent unemployment rate nearly sixteen million jobs added last eight years i remind economy losing hundreds thousands jobs per month president obama assumed office he saved united states poised save billion healthcare spending next decade thanks obamacare studies shown meanwhile republicans want repeal obamacare strictly political purposes likely replacing similar plan conservative plan start progressive favor another form universal healthcare estimated cost hundreds billions mention leaving american people high dry comes seeking medical also thank president obama fact united states still competitive automotive industry his stimulus saved american cars in fact hundreds thousands jobs added thanks gm ford chrysler saw significant profit increases thanks obama task force the bush administration gets tiny bit credit loans prevented bankruptcy obama assumed office giving credit holding slightly disaster bush initially responsible then president obama stepped fixed image via