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Trump’s not-so-secret weapon: the economy

  

Category:  News & Politics

Via:  it-is-me  •  6 years ago  •  4 comments

Trump’s not-so-secret weapon: the economy

http://www.msn.com/en-us/news/opinion/trump%e2%80%99s-not-so-secret-weapon-the-economy/ar-BBHUZoC

President Trump is getting it done.

You'd never know it by watching and reading the "mainstream" media, which devotes endless cable news panels and column inches to ruminations on the possible grounds for his removal from office.

What the leftist media will not tell you is that Trump is delivering a stronger U.S. economy built on a revival of free-market economics, lower taxes, deregulation and smaller government. And he's doing it while facing monolithic opposition from the ruling class, making his achievements even more remarkable.

Not a single Democrat voted for the Tax Cut and Jobs Act of 2017, which cut individual rates and slashed the corporate rate (for which Democrats from Bill Clinton to Barack Obama advocated once upon a time). The Democrats tried desperately to torpedo it, because they know that it's going to power economic growth - and that, while good for the American people, is bad for them. Prior to its passage, the economy was already expanding at a healthy three percent clip just with Trump's sweeping deregulation efforts, deconstruction of ObamaCare, liberation of the energy sector, renegotiation or withdrawal from bad trade deals, enforcement of immigration law and the profound psychological shift of finally having a pro-business president in office.

Once the tax cuts are fully in play, Treasury Secretary Steven Mnuchin predicted stretches of four or five percent growth.

In fact, just in the few weeks since the law's passage, the economic news has been overwhelmingly positive. The stock market smashed records. Job creation is up, and according to Challenger, Gray and Christmas, job cut announcements last year were the fewest since 1990. Consumer confidence and investor optimism are at their highest levels in 17 years. Manufacturing is rebounding, with jobs and orders at their best levels since 2004. Companies such as Foxconn, Toyota, Merck, Pfizer, Infosys, Delta, Exxon Mobil, Bayer AG, Hyundai and Daimler have announced massive investment and hiring plans. Black and Hispanic unemployment are at record lows.

Even the New York Times recently admitted that the "Trump effect" has generated a "wave of optimism" resulting in economic expansion. And Trump critic Warren Buffett now predicts "years of growth" ahead.

No wonder the Democrats are freaked out.

They know that a booming economy courtesy of Trump and the GOP spells political headwinds for them. It also absolves a lot of sins. Just ask Bill Clinton.

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Bill Clinton was right about one thing: it is the economy, stupid. And Trump, in delivering for the country, may very well also safeguard his presidency


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It Is ME
Masters Guide
1  seeder  It Is ME    6 years ago

Conservative Good News, is more Democrats Bad News, especially after the shellacking they have been taking since 2010.

"Which brings us to the current president: the long knives are out for Trump because the Democrats know these lessons of history too. A roaring economy creates a rallying effect around a president who is delivering greater prosperity"

A "Mediocre" economy is what Democrats "WANT" to get back in power. To Democrats...."Mediocre" is their good thing.

 
 
 
XXJefferson51
Senior Guide
1.1  XXJefferson51  replied to  It Is ME @1    6 years ago

Your article is so right on and so irrefutable in its points made.  As we get closer to November, the Democrat Party will be praying to the great spaghetti monster in the sky for a severe recession.  

 
 
 
It Is ME
Masters Guide
1.1.1  seeder  It Is ME  replied to  XXJefferson51 @1.1    6 years ago

When things get even better, 2018 is NOT the year the Democrats come back.

I hear the stock market is expected to keep growing this year also. More companies giving bonus's and raises for employee's too. Big hugs

 
 
 
XXJefferson51
Senior Guide
1.1.2  XXJefferson51  replied to  It Is ME @1.1.1    6 years ago

Dow 30,000 this year is lookingly likely now.

 
 

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