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President Donald Trump has tried to cultivate an image of himself an apt businessman who is working to actively fix the economy; but his administration routinely spreads misinformation about the status of the American financial system.

In a press conference on August 24, White House Press Secretary Sarah Huckabee Sanders said there have been “over a million jobs created since [Trump] took office.” Trump has claimed credit for creating these million jobs twice before, according the Washington Post, once on August 15 at Trump Tower in New York, and again at a Phoenix, Arizona, rally on August 22. However, economists told the Washington Post the president could not be directly credited with job creation this early in his term.

Or, as Politifact put it: “no president deserves full credit or full blame for economic performance on their watch, since no president is powerful enough to singlehandedly shape the economy.”

Regardless of historical context, Trump often takes credit for monetary and economic developments that have nothing to do with him, or sometimes doesn’t even exist at all. Since taking office, he’s falsely taken credit for tax legislation that doesn’t exist and saving money on military planes, even though those budget cuts were in motion before he even took office.

Economics is a tricky topic, and all of the false statements coming of the White House can make it even harder to understand. So we teamed up with Politifact to unravel the biggest lies the Trump administration has told about the economy.

1. Trump has repeatedly lied about the job market, even once claiming most young black people are unemployed.

Trump recently suggested that an improved job market would help heal “race relations” nationwide, claiming wages “haven’t gone up in a really long time,” even though they've been on an upward swing since early 2014. “In this case, you can say the president is flatly wrong,” Brookings Institution economist Gary Burtless told Politifact. “Real wages have been rising more slowly than anyone wishes, except perhaps employers. Nonetheless, they have been rising.”

Jed Kolko, the chief economist with the jobs site Indeed.com, added, “not only have wages gone up overall, but wages are now increasing most for people with less education. So, wage gains aren't being driven only by top earners.”

It should come as no surprise that Trump misreads the job market. During the presidential election in 2016, he wrongfully stated that the majority of young black people are unemployed. “African-American youth is an example: 59% unemployment rate; 59%,” Trump claimed during a campaign rally. According to government records from May 2016, the unemployment rate for black people ages 16 to 24 was 18.7%, or less than a third of Trump’s claim. Black youth have been shown to face more difficulty finding work than their white peers, but Trump distorted the issue with a misleading use of false statistics.

2. Trump exaggerates American tax burdens and falsely claimed that Amazon doesn’t pay taxes at all.

Trump has repeatedly claimed the United States is the “highest taxed nation in the world” since he took office. This is blatantly false. When compared to 33 other industrialized nations by the Organization for Economic Cooperation and Development using data from 2014, the U.S. actually falls near the bottom of the pack, somewhere in the middle at best.