Jan 16, 2020 ~ Trump signs the 'Phase One' trade deal with China after over a year of negotiations. Cuts tariffs in half. China agreed to stop many unfair trade practices and committed to purchasing $200 billion worth of American goods over 2 years, manufacturing, energy, agricultural exports.
Jan 10, 2020 ~ A record 158,803,000 Americans are employed; a 1.85M Year-to-Year Increase . CNSN News.
Jan 7, 2020 ~ Larry Elder column, 'The Great Recession: 'Reparations' Gone Bad'. Elder reminds us that it was false charges of racism that led to forcing banks via the CRA to lend to people of color who otherwise wouldn't qualify. Banks were discriminating on credit score and income, not race.
Dec 27, 2019 ~ Dems lie saying Trump's tax cuts and other economic reforms were 'for the rich' but numbers show that the lowest 25% of wage earners got the biggest wage increases by far. 4.5% vs avg of 3.6%. Top 25% only increased 2.9%. Due to very low unemployment leading to tight labor market
Dec 25, 2019 ~ Economy continues to fire on all cylinders. Bloomberg reported, 'Holiday shopping set records over the weekend, with Super Saturday sales reaching $34.4 billion, the biggest single day in U.S. retail history.'
Dec 22, 2019 ~ Labor Unions proclaim that the USMCA trade agreement Trump insisted on is far better than NAFTA for workers. United Steelworkers President Thomas Conway, 'certainly better than NAFTA'. AFL-CIO's Trumka 'a far cry from the original NAFTA, and that is a huge win for working people'
Dec 22, 2019 ~ Trump rolls back light bulb regs. The Hill, 'Today the Trump Administration chose to protect consumer choice by ensuring that the American people do not pay the price for unnecessary overregulation? The American people will continue to have a choice on how they light their homes'
Dec 19, 2019 ~ Bloomberg article, 'U.S. Companies' Repatriated Cash Hits $1 Trillion Under Tax Law' thanks to the Trump corporate tax cuts. 'Before the overhaul, companies were incentivized to keep profits overseas because they owed a 35% tax when bringing it back.'
Dec 17, 2019 ~ The Dow Jones Industrial Average is up over 10,000 points since President Trump was elected. Result of pro-growth polices, lower taxes for businesses and individuals, America First tax incentives, less regulation, higher wages & consumer confidence and re-negotiated trade deals.
Dec 15, 2019 ~ Larry Kudlow on USMCA and China deals, 'it does show that President Trump's example of being a tough hard nosed bargainer on trade and economic matters works? he has accomplished stuff here in the trading area that no one and I mean no one in our memory has been able to achieve.'
Dec 12, 2019 ~ Forbes, Trump signs 'Phase One' China Trade deal 'leading Wall Street investors to rejoice.' 'promises by China to buy more U.S. farm goods' existing tariffs cut by 50% covering '$360 billion of Chinese goods' Next round of tariffs cancelled covering '$156B of Chinese goods'
Dec 10, 2019 ~ The Trump Administration and House Democrats have reached an agreement on the United States, Mexico and Canada Agreement, USMCA. This replacement for NAFTA was something Trump always wanted to do. Nancy Pelosi says 'it's a victory for America's workers.' 'much better than NAFTA'.
Dec 8, 2019 ~ Treasury Department Assistant Secretary of Public Affairs Monica Crowley, 'Since the president's election in November 2016, the economy has added more than 7 million jobs? 5.1 million more jobs than the Congressional Budget Office, CBO, projected? before the 2016 election.'
Dec 6, 2019 ~ U.S. economy created 266,000 nonfarm jobs in November, better than expected again. Unemployment remains at a 50 year low. CNBC's Jim Cramer, 'I don't see inflation. I don't see recession.' 'These are the best numbers of our lives.' Stock market powers to new record highs.
Nov 29, 2019 ~ BET founder Robert Johnson doesn't think any dem 'is capable of beating Donald Trump' Big reason is record low black unemployment rate. Was as high as 19.3% in 2010 under Obama. Is now 5.4%. Larry Elder in 2015 'By every key economic measurement, blacks are worse off under Obama'
Nov 20, 2019 ~ NBC News, 'Apple breaks ground on $1 billion Texas campus as Trump tours manufacturing facility'. Trump tours facility with Apple CEO Cook. Apple will 'create another 5,000 jobs as part of a $1 billion expansion announced last year.'
Nov 1, 2019 ~ Job growth continues to outpace expectations. CNBC, 'Nonfarm payrolls rose by 128,000 in October, exceeding the estimate of 75,000 from economists surveyed by Dow Jones.' August and Sept. revised higher as well. 'previous months' counts were revised considerably higher.'
Nov 1, 2019 ~ Black unemployment rate continues to set new record lows. Now at 5.4% which again is the lowest level ever recorded.
Oct 25, 2019 ~ Of all the disastrous ideas dem candidates have this year, banning fracking is one of the worse. Would eliminate 14 million jobs, would raise the cost of living for Americans about $4000 per family and would return America to being dependent on foreign oil. All for no benefits.
Oct 17, 2019 ~ Louis Vuitton announces it is opening its newest plant in Texas. This will create another 1,000 jobs. 'This is consistent with Louis Vuitton's recent signing of the Pledge to America's Workers, which aims to expand programs that educate, train and support American workers.'
Sep 30, 2019 ~ President Trump touts more job expansion in America. 'BIG NEWS by @Hyundai, @Kia, and @Aptiv on a 4 BILLION DOLLAR joint venture to develop autonomous driving technologies in the USA. That's a lot of $$ and JOBS! Great jobs coming back to America!!'
Sep 30, 2019 ~ President Trump touts more job expansion in America. 'Navistar will be building a new 250 MILLION DOLLAR truck factory in San Antonio with 600 new jobs. Congratulations San Antonio and Texas! America makes the GREATEST trucks in the world!'
Sep 23, 2019 ~ Apple will make the new Mac Pro in Austin, Texas to avoiding some of the China tariffs. Also creates more American jobs and economic activity.
Sep 18, 2019 ~ Trump is revoking California's Federal Waiver on emissions. Emission standards need to be nationally consistent. Will not cause more pollution. Will reduce prices on cars and even make them safer because they won't have to be as light. Should also have a positive impact on jobs.
Sep 13, 2019 ~ The Trump economy continues to produce impressive stats. U.S. Census data shows the poverty rate is at 11.8%, the lowest since 2001. 1.4 million less people in poverty vs. 2017. 2.3 million more full time workers since 2017. 6.3 million people off food stamps since 2017.
Sep 13, 2019 ~ Trump economy rolls on strongly. Reuters, 'U.S. retail sales increased more than expected in August, pointing to solid consumer spending that should continue to support a moderate pace of economic growth.' Fed chair and other economists see no recession coming soon.
Sep 11, 2019 ~ Star Parker article, 'Black Americans Are Doing Great Under Trump' It goes far beyond the record low African American unemployment rate and the record low black/white employment gap. There are '1.3 million more black Americans now working' than were under Obama.
Sep 6, 2019 ~ Black unemployment rate continues to set new record lows. Falls from 6% to 5.5% which is the lowest ever recorded in August. Furthermore, the gap between black and white unemployment is also the smallest gap ever recorded.
Sep 1, 2019 ~ Median household income has increased by $5000 since Trump began from $60,973 in January 2017 to $65,976 in August 2019. Median household income increased less than $1000 in all 8 years of Obama. Trump claims its really like $7000 including the tax cut.
Aug 29, 2019 ~ Former New York Fed President Bill Dudley is openly advocating that the Fed work against Trump in 2020, 'Trump's reelection arguably presents a threat to the U.S. and global economy... Fed officials should consider how their decisions will affect the political outcome in 2020.'
Aug 21, 2019 ~ Stossel says so far so good with Trump's promise to deregulate. He has eliminated about 5 regulations for every new one. One of the contributors to the great economy. 'regulations have unintended side effects that often outweigh the good they're intended to do.'
Jul 29, 2019 ~ Sen. Chuck Grassley article explaining 'much needed reforms to the fraud-stricken EB-5 investor visa program' Trump enacted. 'It's 'another example of ways, big and small, that the president is going to bat for the forgotten heartland' 'critical steps toward righting the wrongs'
Jul 12, 2019 ~ AOC's chief of staff Chakrabarti admits the Green New Deal was about finding an excuse to remake the economy. 'It wasn't originally a climate thing at all. Do you guys think of it as a climate thing? Because we really think of it as a how-do-you-change-the-entire-economy thing.'
Jul 1, 2019 ~ Latest figures make the United States 'the world's largest producer of oil' ahead of even Saudi Arabia and Russia now. Thanks in part to fracking and Trump's regulatory push toward US energy independence.
Jun 21, 2019 ~ Trump sometimes makes the following claim at rallies, 'The poverty rates for African Americans and Hispanic Americans -- it's been incredible, they've all reached their lowest levels in the history of our country.' PolitiFact fact checked the claim and rated as 'True'.
Jun 18, 2019 ~ The latest data shows that 'Over 5.8 million individuals have discontinued their participation in America's food stamp program since President Donald Trump's first full month in office, according to the latest U.S. Department of Agriculture.' Up from 4 million in March.
May 14, 2019 ~ Since Trump was elected, Ohio has been the comeback state. For sale signs have been replace by help wanted. 'The number of available jobs just recently set a 21-year record, according to the Bureau of Labor Statistics. And payrolls just reached a record 5.6 million last month.'
May 3, 2019 ~ Booker and other dems claim falsely that wages are not rising, especially for low income people. 'On the wage front, rising 3.2% overall. The bottom quarter, 4.4% wage increase, the top quarter, 3.5%.' 'It's the blue collar people that have the best wage growth.' and job creation
May 2, 2019 ~ Larry Elder reviews the unhinged predictions of so called economists after Trump's 2016 win. Paul Krugman said 'we are very probably looking at a global recession, with no end in sight.' Obama advisor Steve Rattner 'you will see a market crash of historic proportions.'
May 2, 2019 ~ WSJ, 'US Steel outlined plans Thursday for the biggest upgrade of its steelmaking operations in decades by investing more than a $1 billion in its plants near Pittsburgh.'
Apr 30, 2019 ~ The wages of manufacturing workers rose the most in over a decade.
Apr 25, 2019 ~ US economy grows by 3.2% in the first quarter, 'topping expectations' with low inflation. Dow Jones expected 2.5%. Everyone 'expected' lower. This blow out 3.2% was not only way above expectations but it included the period of time the government was shutdown.
Apr 15, 2019 ~ Economist Steve Moore, 'This is the best labor market for workers in 50 years. Maybe ever.' Great economy causing a tight labor market driving up wages. Target just increased its minimum wage to $13 headed to $15 to compete for good workers. Other companies also.
Apr 4, 2019 ~ US weekly jobless claims drop to the lowest level in 50 years.
Mar 21, 2019 ~ Ford announced another $900 million investment in US manufacturing creating another 1000 American jobs. Recently, Toyota and Fiat Chrysler also announced significant investment in the US; billions of dollars and thousands of jobs. Regulation and taxes now favorable to business.
Mar 8, 2019 ~ American worker wages have risen 3.4% in the last 12 months. The fastest wage growth in over 10 years. Due to combination of tax cuts and hire American policies.
Mar 3, 2019 ~ Just about 4 Million Americans dropped off food stamps since Trump's first full month in office, according to the most recent data from the U.S. Department of Agriculture (USDA).
Mar 1, 2019 ~ The White House's Council of Economic Advisors announced 'for the first time in 13 years, since 2005, we have hit 3.1 percent economic growth during a calendar year (Q4 over Q4)' - Obama thought a 'magic wand' would be needed for 3% annual.
Feb 26, 2019 ~ Fiat Chrysler Automobiles is reopening an idled Detroit engine plant and investing billions into five existing Michigan plants enabled by the strong economy and low corporate taxes. This will create an another 6,500 U.S. auto jobs.
Feb 13, 2019 ~ The unemployment rate for disabled Americans has reached an all-time low. checkyourfact.com, Status: True.
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