Don't listen to Left Wing whiners...President Trump Had A Strong 2018
Despite the media’s unyielding obsession with Russian-collusion conspiracies, tax returns, Stormy Daniels, and any other scandal conjured through sophistry, President Donald Trump has accrued a slew of accomplishments in 2018 that deserve recognition.From the economy to the Supreme Court to foreign policy, this past year has been replete with home runs for the 45th president.
Economy
Defying skeptics in the media, reputable economists, and Paul Krugman, Trump achieved GDP growth of 4.1% in 2018.
Trump helped stimulate the fastest economic growth since 2014 by reducing the corporate tax rate from 35% (the highest in the developed world) to a far more competitive 21%. In September, the national unemployment rate fell to 3.7% – the lowest it’s been since 1969. Furthermore, over the last year, businesses and corporations saw tremendous growth in profits fueled by Trump’s deregulation and tax cuts.
Some skeptics may point to the stock market’s feeble performance over the past few months – the biggest annual decline in a decade – as an indication of economic turmoil. That claim, however, erroneously conflates market performance with economic performance. Strong jobs numbers, wage and labor force participation increases, and GDP growth all indicate vigor, not volatility, in the economy.
The S&P 500 index may have taken a beating in 2018 (falling 6.2 percent), but so did the unemployment rate, dropping to a five-decade low. And the latest economic news reveals a massive hiring surge. The economy added 312,000 new jobs in December, far exceeding tepid expectations, and the average number of new jobs being created each month in 2018 increased 20 percent. Manufacturing jobs – a policy pillar of Trump’s presidential campaign – grew 714% faster under Trump than Obama. Moreover, average hourly wages increased by 3.2% from the previous year.
Trade
Through the entirety of his run for the presidency, Trump railed against the North American Free Trade Agreement (NAFTA), vowing to renegotiate it and leverage more favorable terms for the U.S. economy. This year, he accomplished just that, renegotiating NAFTA with Canada and Mexico.
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Bill's WRITERS now provide him more anti-The Don material so he can bolster his ratings pandering to TDS afflicted Leftard audiences.
Follow the money. ALWAYS...Follow...The...Money!!