Experts Astounded By What The Economy Is Doing Under President Trump


economy

Despite the doom and gloom forecasts from the left, the Trump economy continues to grow by leaps and bounds. The stock market is going up and unemployment is going down, both things that make for a great economy. In addition, consumer confidence is up. Sick of the winning yet?


Every year, economists make projections for what they think the economy will do in the coming quarter and year. Whatever equations they use obviously didn’t take into account the Trump factor, because their numbers were way off.

Via Fox News:

The United States economy produced 209,000 jobs in July, blowing past the 183,000 predicted by Wall Street experts, new data shows.

The unemployment rate fell to 4.3 percent from 4.4 percent.

President Trump encouraged those who have given up looking for a job altogether to start trying again to join the labor force.

The Dow Jones industrial average hit the record number 22,000 Wednesday, and stocks ticked up again after this morning’s release of the jobs report.

The president promised this morning that he will continue to roll back “stifling regulations” that hurt jobs.

The stock market’s rise can be attributed partly to the expectation that Congress will pass tax cuts soon, economic analyst Maria Bartiromo commented earlier this week.

The continued rise, however, is also due to businesses simply doing better, she said.

Obviously, we should be extremely grateful that the projected numbers were so much lower than the what actually transpired in the first and second quarters of 2017. This is great news for Americans whether you’re looking for a job or just looking to purchase a house. The only way this isn’t good for you is if you were hoping for President Trump to fail. If you’re “with her” then this is big bad news for you and your hopes for the 2020 election.

When an incumbent runs for office, they lean very heavily on their record in office. At this rate, the President is going to have all kinds of gains and amazing numbers to point to as his record in office. While the Democrats will still push the idea that it was the Obama administration that’s somehow to blame for these numbers, there’s no denying that the economy essentially held its breath until they found out who would be sitting in the Oval Office for the next 4 years, and then surged in response to the results.

Say what you will about having someone with little political experience in office, if that’s what it takes to get someone who knows how to balance a check book, maybe that’s all we should elect in the future.

(Source: Fox News

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