Saturday, December 9, 2017

DAY 322: Trump lies about Black homeownership and the economy

Donald Trump lied in a Rally in Florida about Black homeownership hitting a record high under his administration. AP fact checked him:

In his Alabama-ish rally, President Donald Trump falsely stated that black homeownership has hit a record high under his stewardship and made the dubious claim that he set Canada’s prime minister straight on the state of trade between the two countries.

...

THE FACTS: Not true or even close.

The U.S. Census finds that the black homeownership rate peaked during 2004, when 49.7 percent of black households owned homes (the rate for all races that year reached 69.2 percent, also a modern record). The black homeownership rate stayed in similar territory until the recession, when it dropped to the mid-40s.

This year: 42.7 percent in the first quarter, 42.3 percent in the second and 42 percent in the third. That’s an uptick from last year but far from a record. Quarterly rates this year for the total U.S. population: 63.6 percent, 63.7 percent and 63.9 percent.

By the way: Trump did that Rally in Pensacola, Florida, in order to help Roy Moore without having to actually be in Alabama.

More Trump lies debunked by AP:

Trump claimed there is a deficit with Canada on trade. That's false. While there is a deficit on goods, there is a surplus of $12.1 billion on trade of services of $24.6 billion, which offsets the "deficit" to a surplus.

Trump claimed he won by a landslide. False. Not only he lost the popular vote, but he also got fewer electoral college votes than most of the previous presidents in the past 30 years.

Trump claimed factores are pouring back to the US. That's a lie. According to AP "spending on the construction of factories has dropped 14 percent over the past 12 months."

Trump claims wages are going up after 20 years of not going up. Another lie. Waged have been rising. In fact, in December of 2016, still with Barack Obama in office, wages went up 2.6%. With Trump, wages have gone up only 2.5%



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