Donald J. Trump will be able eventually to take credit for job growth.
Just not yet.
It’s interesting to me that some of the chatter today regarding the Labor Department jobs report deals with whether the president should deserve any credit for the big spike in employment.
He doesn’t deserve it. Not this early.
The United States added 235,000 non-farm jobs to payrolls in February. Unemployment ticked downward to 4.7 percent. How did Trump’s economic policies contribute to this trend? They didn’t.
You’ll recall that when Barack Obama took office in 2009, job numbers were plummeting. It took a bit of time for the president’s economic stimulus package to take effect. The former president didn’t deserve blame for falling jobs figures at the beginning of his term.
I also should say he didn’t deserve all the credit for the spectacular job growth that ensued. He deserved some of it.
Eight years later, the nation’s job growth has continued. Joblessness has been cut in half. The annual federal budget deficit has been pared by two-thirds.
Obama handed this economic growth off to Trump. The new president eventually will be able to take some of the credit if the job growth continues well into the first year of his presidency and beyond. I am willing to give him the credit he deserves.
This silly discussion, though, about whether he should crow about job growth during his first full month in office succeeds only in one thing: It rivets attention directly onto the president of the United States, which is all part of the way this guy rolls.