President Trump’s farewell message has been fact-checked

By Reality Check Team
BBC News

Mobile image of President Trump speaking

image copyrightGetty Images

image captionPresident Trump delivered his last speech late Tuesday

In his last speech before leaving the White House, President Trump said that while he was in office, he did what he did.

We checked some of the allegations he made about his record.

Claim 1: “When our country was hit by the terrible pandemic, we produced not one, but two vaccines with a record-breaking speed.”

The US Food and Drug Administration (FDA) has granted emergency use for two Covid-19 vaccines – Moderna and Pfizer / BioNTech.

The government’s vaccine program, Operation Warp Speed, did provide funding for the development of the Moderna vaccine.

While Pfizer / BioNTech did enter into an agreement with the government to deliver doses, it did not receive any money to do development or testing.

And although Pfizer is an American company, this particular vaccine was developed in collaboration with the German BioNTech company.

It was their gene-based technology that was the key to the vaccine’s production.

Claim 2: “We are leaving proudly … with the strongest border security measures ever put in place … with more than 450 miles of powerful new wall.”

The construction of a wall along the southern border with Mexico was one of its most important promises in the run-up to the 2016 election.

As of January 4, 2021, a 752 km (757 km) barrier has been built since taking office.

However, the vast majority of this new wall replaced existing structures on the border.

  • Trump’s wall: How much was built during his tenure?

Only 80 miles of new barriers were built where there had never been one before.

Of these, 47 miles is what is called a primary wall, and 33 miles is a secondary wall that reinforces the initial barrier.

Elected President Joe Biden said he would not build a “different foot” of the wall.

Claim 3: “We have … built the largest economy in world history.”

The U.S. economy certainly fared well under Trump before the coronavirus pandemic, but there were periods under previous administrations when it fared significantly better.

In his first three years in office, Trump oversaw an average growth of 2.5% per year.

It was slightly higher than the last three years of the Obama era.

However, there were many periods when GDP growth – the value of goods and services in the economy – was much higher.

And in 2020, the economy recorded the biggest contraction due to the coronavirus pandemic.

It recovered by 33% in the third quarter last year, setting a record for a quarterly increase, but it did not bring economic activity back to pre-pandemic levels.

The GDP figures for the last quarter of 2020 have yet to be published.

Claim 4: “We … achieved record-breaking unemployment for African Americans, Hispanics, Asian Americans …”

The African American and Spanish American unemployment rates reached 5.2% and 4% respectively in August 2019.

This was the lowest percentage since the U.S. Department of Labor began collecting in the 1970s.

The unemployment rate has recently risen sharply for both groups due to the huge impact of the pandemic on the US economy.

And this has affected African Americans and Hispanics excessively – their unemployment rates are 3.2 and 2.6 percentage points higher than the overall figure, respectively.

Asian American unemployment is currently 5.9%.

It reached a record low of 2.1% in June 2019, but these records only date back to 2003.

Claim 5: “We have passed the largest package of tax cuts and reforms in US history”

This is not right for tax cuts in general – the former is bigger. This is right for company tax.

We examined this claim in 2018 shortly after Congress passed comprehensive tax reform legislation. According to tax experts, the cuts were large, but not the largest.

image copyrightAFP

The Committee for a Responsible Budget looked at the numbers and reported that President Trump’s tax cuts would be the eighth largest in U.S. history, compared to the overall size of the economy.

If you adjust the analysis for inflation, President Trump’s tax cuts will be fourth overall.

However, tax experts also rated Trump’s reduction in corporate taxes from 35% to 21%. Most have said in absolute terms that this is the largest corporate tax cut in history.

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