Trump Gained ‘10 Times More Income’ for Average Families Than Biden, Says Economist

U.S. job creation was overestimated by 1.5 million in 2023 and 2024, Stephen Moore said.

Economist Stephen Moore speaks at the Conservative Political Action Conference 2020 in National Harbor, Md., on Feb. 28, 2020. Samuel Corum/Getty Images

President Donald Trump defended his economic record on Aug. 7 by presenting reporters with a series of charts on jobs and household income.

Appearing alongside economist Stephen Moore, cofounder of the advocacy group Committee to Unleash Prosperity, Trump highlighted the economy’s gains under his presidency and contrasted them with those under President Joe Biden.