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Donald Trump

stated on April 23, 2019 in a tweet:

"In the ‘old days’ if you were president and you had a good economy, you were basically immune from criticism."

President Harry Truman, shown at his 1949 inauguration, experienced nearly two years of low unemployment and low approval ratings, due largely to the Korean War. (Wikimedia Commons)

By Louis Jacobson April 23, 2019

No, Donald Trump is not the first president with low approval amid a good economy

During an hours-long tweetstorm, President Donald Trump complained that he wasn’t getting enough credit for presiding over a strong economy.

In an early morning tweet on April 23, Trump wrote, "In the ‘old days’ if you were President and you had a good economy, you were basically immune from criticism. Remember, ‘It’s the economy stupid.’ Today I have, as President, perhaps the greatest economy in history...and to the Mainstream Media, it means NOTHING. But it will!"

In the “old days” if you were President and you had a good economy, you were basically immune from criticism. Remember, “It’s the economy stupid.” Today I have, as President, perhaps the greatest economy in history...and to the Mainstream Media, it means NOTHING. But it will!
— Donald J. Trump (@realDonaldTrump) April 23, 2019

We wondered whether Trump was right that historically, "if you were President and you had a good economy, you were basically immune from criticism." (His mention of "It's the economy, stupid," was something Bill Clinton's 1992 presidential campaign team would say to remind themselves to stay on message.)

Short answer: Trump is wrong.

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Looking at approval ratings

For starters, we’ll note that "criticism" of government leaders is virtually inevitable given the First Amendment, which protects "freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances."

"Presidents have never been ‘immune’ to criticism, regardless of the economy," said Jeremi Suri, a historian at the University of Texas and its Lyndon B. Johnson School of Public Affairs. "From Washington to Trump, every president has faced serious criticism from domestic adversaries and various groups. That is as American as apple pie."

But even if you define the issue more broadly, Trump’s statement lacks evidence.

For a quick-and-dirty analysis, we looked at two statistics that measure the strength of the economy and public support for every post-World War II president: the unemployment rate, and the president’s approval rating from the polling firm Gallup.

We found four presidents -- Harry Truman, Lyndon Johnson, Richard Nixon and George W. Bush -- who experienced roughly similar low unemployment rates as Trump but whose approval percentages ranged from the low 20s to the high 30s.

Here’s a summary:

Truman’s strong-economy doldrums lasted for the better part of two years, Johnson’s for a year and a half, Nixon’s for a couple of months, and Bush’s for about six months.

What they all shared is a major issue other than the economy that sapped public support.

"If a president has a good economy, it gives them the chance to get a good approval rating -- but it’s not a guarantee," said Jeffrey A. Engel, director of the Southern Methodist University Center for Presidential History.

For Truman, Johnson and Bush, a war proved unpopular. For Nixon, it was Watergate.

Sara Jacobs

stated on December 18, 2024 in an X post

Government shutdowns in 2013 and 2018 “cost our economy billions of dollars each.”

"War, when it is protracted, tends to be a downer for presidential approval," said Bert A. Rockman, an emeritus political science professor at Purdue University. "All things being equal, a booming economy is a help to a president, unless they are caught up in conflicts that produce high numbers of casualties over a protracted period of time and that seem to be at an impasse."

Johnson faced problems beyond the Vietnam War. "I think he could have survived the war if not for race riots and assassinations," Engel said. "It wasn’t just one thing. It was the multiplicity of them."

Even presidents who maintain their approval ratings aren’t immune from "criticism" during good economic times, Suri said.

Johnson and Bill Clinton "were presidents during two of the best economic periods in post-war U.S. history, but both faced intensive criticism from Republicans and some Democrats," Suri said. "The Republicans impeached Clinton at a moment of very low unemployment, strong economic growth, and even a budget surplus." (Clinton’s approval rating on the eve of his impeachment vote in the House was 63 percent.)

Low unemployment rates don’t guarantee that everyone will be happy with the economy, either, Suri added.

"There is also the question of who benefits from good economic numbers," he said. "Growing inequality, despite low unemployment, has been a source of criticism for all presidents since at least Nixon."

The White House did not respond to an inquiry.

Our ruling

Trump said, "In the ‘old days’ if you were President and you had a good economy, you were basically immune from criticism."

Even setting aside the constitutionally protected right of Americans to petition the government with their grievances, Trump lacks basic evidence for his assertion. At least four prior presidents served during good economic times yet had approval ratings lower than Trump’s are currently, usually because of wars or scandal.

We rate the statement Pants on Fire.

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