Deregulation trades attention to environmental, unfair competition and ecological problems for some business benefits. Are the tradeoffs worthwhile or meaningful? Where is the data to quantify the results? Does Trump have any information?
Active operations from renegotiations of the trade pacts did not occur until late 2019. Because the data on the worth of the renegotiated agreement will not be available until mid-2020, Trump cannot use the renegotiations in descriptions of his economy. As a sideline to his thinking, Trump has made the outrageous assertion that the tariffs on Chinese imports, which are paid by the U.S. importers and usually raises the price of the goods, were paid by the Chinese government and the Chinese lowered U.S. deficit by adding to U.S. revenues. What!
Do U.S. presidents play much of a role in directing the economy, or is that more a function of the Federal Reserve and congressional budgets? The real GDP increased by $2.7 trillion during Trump's first three years in office. During the time, the Federal Reserve reversed its decline in balance sheet to reach close to pre-Trump levels and the government deficit increased by $3.2 trillion. Free money buys a lot of GDP.
Trump's claim of achieving "the best economy that the world has ever had" is a meaningless and self-aggrandizing play on words. When a multitude of factors, rather than a few handpicked factors, is considered, during his term in office, U.S. economic progress has been meager, and China's economic power might have eclipsed that of the United States.
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