[h=4]America, then and now[/h]
[FONT="]On Election Day 2016, the American people chose Donald J. Trump as their next President. Two and a half months later, he went right to work on his biggest campaign promise: to help give America “the strongest economy anywhere in the world.”
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[FONT="]Where are we today? There’s no shortage of headlines, but consider just these five facts about America on November 6, 2018:
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[FONT="]In their words: The Trump Economy keeps smashing expectations.[/FONT]
[FONT="]On Election Day 2016, the American people chose Donald J. Trump as their next President. Two and a half months later, he went right to work on his biggest campaign promise: to help give America “the strongest economy anywhere in the world.”
[/FONT]
[FONT="]Where are we today? There’s no shortage of headlines, but consider just these five facts about America on November 6, 2018:
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- Four weeks ago, the World Economic Forum named the United States the world’s most competitive economy for the first time in a decade. “The United States is the closest economy to the frontier, the ideal state,” the report says.
- America lost nearly 200,000 manufacturing jobs under the previous Administration. Since President Trump was elected, nearly half a million new manufacturing jobs have been added. The turnaround is clear: Manufacturing employment since President Trump was elected grew 6 times faster than it did during the final two years of the Obama Administration.
- President Trump promised 3 percent GDP growth or better. Top Obama economist Larry Summers said that goal was “fair enough if you believe in tooth-fairies.” America’s GDP has grown by 3 percent over the past four quarters, including 4.2 percent in the second quarter of 2018 and 3.5 percent in the third.
- The unemployment rate has dropped to 3.7 percent, its lowest point since 1969. Unemployment among African-Americans, Asian-Americans, Hispanic-Americans, and Americans without college degrees have all reached record lows under the Trump Administration.
- The “blue-collar, middle-class Trump Economy” is the first boom in decades where blue-collar wages are growing faster than white-collar ones, lifting up working-class Americans and pulling them off the sidelines like never before.
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[FONT="]In their words: The Trump Economy keeps smashing expectations.[/FONT]