When Donald Trump was running for president last year, he never failed to portray the U.S. economy in the direst terms, with sky-high jobless rates, an anemic manufacturing sector and huge trade deficits as far as the eye could see.
"Look, our country is stagnant. We've lost our jobs. We've lost our businesses. We're not making things anymore, relatively speaking," he said during one of the presidential debates.
What a difference an election makes.
These days, President Trump sees a lot to like in the U.S. economy and frequently cites positive statistics to make the case that things are getting better.
"Prosperity is coming back to our shores, because we're putting American workers and families first," Trump said in his weekly address to the nation on Saturday. "We continue to see incredible results."
Not only is the Dow Jones industrial average hitting records on a regular basis, breaking 22,000 for the first time ever last week, but the U.S. economy grew by 2.6 percent in the second quarter of this year, he notes.