President Trump Is Correct: He Has Created Economic Success.
January 20th, 2017 was the day of so-called ‘Armageddon’ when President Trump was being inaugurated on Capitol Hill. It was a day of when CNN falsely reported that the crowd turnout was half as much as Obama’s, supposed ‘economists’ said the market was going to crash because of him, and liberal tears had created the excuse to nonsensically protest without basis.
Yet, no matter what any Never-Trumper will say, President Trump has created global, economic success since the 2nd quarter of Fiscal Year 2017.
Written by the New York Times, President Trump has loosened regulations and the Frank Dodd Act, a bill strengthening Wall Street regulations. In 2017, he wrote an executive order saying for every regulation introduced, two must be eliminated. When this was enacted on his 11th day in office, it’s supposed to save $9.8B.
Consumer confidence is booming, with the Consumer Confidence Index at 128.7. Job unemployment fell below 4%, the lowest since 2000, and the U.S has added over 3.2M jobs since November of 2016. Black and hispanic unemployment have hit all-time lows in the history of the U.S.
Jobless claims are at their lowest since 1973, and it’s mostly because of President Trump.
How about the fact that big name corporations are moving back to the U.S for a cheaper tax break and are easily bringing more service jobs back from overseas?
It’s not all policy, but it’s what happens when you have a CEO in power instead of an agenda driven politician who is only getting paid to say what he or she says.
Jorge Velasco is the founder and CEO of theDailyLead.