What I am hoping for here is an objective discussion of the OP, so before I begin let me make the following declarative statement. Presidents do not control the US economy nor do they create jobs! Economies are very complex with thousands of variables at play that no one person controls. The only thing presidents can do is implement policies that hopefully have positive impacts on businesses and job creation by business! They can also lower taxes, which allows people to keep more money in their pockets. Both Democrats and Republicans can do that. Here are a few articles looking at this under Trump vs Obama:
The conclusion from this article was: “ So did the Trump tax cuts work? Yes — GDP growth increased, which led to significantly increased personal incomes and job creation. And the individual tax cuts primarily benefitted middle-income earners rather than the wealthy. But whether anyone will care about that in November is another question.”
This was Stephen Moore’s response to a CBS article on the economy: “ Even more misleading is that CBS based its figures on a Congressional Budget Office estimate of what will happen with incomes over the next two years. The Congressional Budget Office also projected three years ago that gross domestic product might be some $600 billion below what it actually is today. This is not exactly an agency with a stellar record at predicting things. Even the CBS figures contradict the headline because the story claims **incomes are up at least $4,000 per household for the middle class, adjusted for inflation under Trump. That compares with a $1,000 per household gain in incomes under Obama over eight years.”
This was also from Stephen Moore: “But not a word of this is true, according to new Census Bureau data on the incomes of America’s middle class. This study by former Census Bureau researchers and now statisticians at Sentier Research has found gigantic income gains for the middle class under Trump. The median or average-income family has seen a gain of $5,003 since Trump came into office. Median family income is now (August 2019) $65,976, up from about $61,000 when he entered office (January 2017).**”
From the article: “ Workers’ wages are growing faster than their bosses’, narrowing the income gap, as a result of President Trump’s policies, according to Labor Secretary Eugene Scalia.
“At the end of the Obama administration, what we saw is wage growth for the high wage earners [and] slow wage growth for the low wage earners," Scalia told FOX Business’ Maria Bartiromo in an exclusive interview at the World Economic Forum in Davos, Switzerland. "We’ve flipped that in this economy,”
Decreasing unemployment and Trump’s reduction of regulations are factors that have contributed to this low-income wage growth, according to Scalia.”
Regarding my analysis from my personal situation as a middleclass family from NJ. The new tax law did benefit my family in the amount of over $5,000/year.
PS - For those who wish to dialogue here please provide specific policies from either president that you believe deserves the most credit. Also feel free to provide your own anecdotal situation.