Posted on 06/05/2018 7:42:07 AM PDT by Kaslin
It's time for a victory lap. As the great Mohammed Ali said, "It ain't bragging if you can back it up."
Since literally the day Donald J. Trump declared his candidacy for President (almost three years ago), Ive predicted that he would turnaround the miserable Obama economy and produce the biggest economic boom since Ronald Reagan.
I even gave this Trump economic turnaround a catchy name: "The Trump Miracle."
Ive compared Trump to Ronald Reagan hundreds of times in print and thousands of times on my national radio and TV shows. Well dont look now, but Trump is our generation's Reagan.
Actually, Trump may actually be better than Reagan.
Reagan produced millions of good-paying middle class jobs, unprecedented prosperity and the greatest economic expansion in world history. Trump is on track to surpass Reagans economic success.
Lets start with the May jobs report. US job growth sharply accelerated. Nonfarm payrolls increased by 223,000, smashing expectations by 33,000 jobs.
Manufacturing gained 18,000 jobs. Construction gained 25,000 jobs. Mining gained almost 6000 jobs.
The jobless rate is now 3.8%, the lowest since November of 1969. Yes, I said 1969.
Wages are up 2.7% for the year. Happy Days are here again. A wage increase of any size was just a rumor in eight years under Obama.
But wait. I havent gotten to the really good news yet!
The number of full-time jobs rose by 904,000 for the month of May. Thats the biggest monthly increase this century.
We also lost 625,000 low quality, low wage part-time jobs. I call them "Obama jobs." Good riddance.
When liberals praised Obama for creating jobs, I pointed out his own former Chief Economic Advisor proved an overwhelming majority were crappy, low-wage, part-time jobs. In the Obama era every new job required food stamps and free healthcare to survive.
The Trump Miracle produces the exact opposite of Obama. With Trump's economy, its all about full-time, high-wage jobs.
But wait, there's more good news.
*GDP (Gross Domestic Product) is the only real way to measure if an economy is growing, or not. The Fed just predicted GDP for the 2nd quarter will be a blistering 4.8%.
That's a number not seen since the days of Reagan.
*The USA has moved back to #1 in the world in the global economic competitiveness index. Thanks to President Trumps massive tax cuts and killing of regulations, were now ahead of booming economies like Singapore, Hong Kong and Switzerland.
One more incredible statistic.
*A record 35% of small businesses reported paying higher wages to employees last month. 74% of employers plan to pay $11 per hour or higher, compared to 53% a year ago. Small business is exploding under Trump.
Why is this happening? First, Trump cut taxes dramatically, so now business owners can afford to share the wealth.
Secondly, Trump is killing regulations at the fastest pace of any president in history, so business owners can spend our money on paying higher wages, instead of on lawyer bills.
And third, heres the big one: Trumps strict immigration policies are working overtime (excuse the pun). 40% of employers are using E-verify to hire only legal American citizens- up from 25% last year. Trump's policies are super-charging the economy for American citizens, not illegals.
Now to a little personal example. Im on the front lines of the economy. I have no safe job, no safe paycheck, no pension. I am a small businessman and entrepreneur. Which means I spend my life pitching deals and hustling 24/7. Im the perfect laboratory experiment to tell you if the economy is working, or not.
Under Obama I pitched many deals, but never raised one dollar in eight long years. Nothing. Zip. Nada. Zero. There was no life, no pulse, no hope under Obama for entrepreneurs like me.
Everything has changed under Trump. The world of money has opened up. Everyone is buying again. Everyone is writing checks again. Im the living proof. Im raising money for business deals- and groups are banging down my doors to invest. Investors are begging me to take their checks. That never happened in eight long years under Obama. Coincidence?
Its a new day under President Trump. We are free to make money again. We are free to practice capitalism without guilt. The sun is out. The skies are blue. There's a job in every pot. The Trump Miracle lives.
President Donald J. Trump should be the runaway winner of the 2018 Nobel Economic Prize.
I told you so.
Actually, Trump may actually be better than Reagan.
Focus on what he does. He’s more conservative than Reagan was.
...so business owners can spend our money on paying higher wages, instead of on lawyer bills.
No wonder the deep state hates him. :)
President Trump’s success is even more remarkable when you consider the shear amount of damage done by his predecessor. Everything Obama touched was corrupted or bungled. Everything. The dude was a complete disaster.
Great article! Thanks.
Root doesn’t even touch on the true miracle that makes The Trump Economic Miracle even possible. The first and core miracle is that he got elected against the biggest cabal of seditionists, plotters, and treasonists ever assembled who were subverting the election, have refused to accept the results of a free and fair election and are continuing their silent coup d’etat.
a Real AMERICAN in the right spot can make a big difference!
Even w/AINOs growing by the minute, swamp. merchants, etc.
TRUMP.45 IF? We Can Keep Him?????
+++++++++++++++++++++++++++++++++++++++
“[Obama] was a complete disaster.”
Yet, almost half the country still adores and lionizes him after one of the worst eight year periods in our country’s history. It just shows what happens when you let the marxists and cultural marxists take over education and turn people’s brains to mush.
The party of Big Government does not want to encourage people to be independent of the government, those people vote for Republicans. Single, pregnant women is what they want. And ex-con men with their voting privileges restored, let’s not forget them. Bonus points for illegal immigrants who are paid to register to vote using corrupt motor voter laws. Every little bit helps.
“Hes more conservative than Reagan was”
Why is it that in order to prop up Trump some here feel they need to tear Reagan down?
How can Trump be “more” Conservative than Reagan when Reagan established modern day Conservatism? The trail he’s following was blazed by Reagan. Trump isn’t doing anything new here.
Reagan had the Soviet Union - Trump has Terrorism. Reagan had an even more dismal economy to deal with double digit inflation and double digit interest rates - Trump had a stagnant economy. Reagan had top tax rates of near 70% - Trump had corporate rates of 35%.....to cite a few examples.
That’s not to say Trump hasn’t done great things. He most certainly has. And we applaud him for it but he’s not Reagan and he’s not “more” of anything than Reagan.
Reagan is the standard by which Trump will be judged, rightfully so. Here, the pupil will never surpass the teacher.
He’s certainly better than Reagan on immigration.
As the great Mohammed Ali said, “It ain’t bragging if you can back it up.”
***
I think that was first said by Dizzy Dean
Equally miraculous is that he is doing it all with no help from the Republican Congress, and while the Deep State coup continues working overtime to undermine and destroy him.
People forget that Reagan also used tariffs when needed to make a point, as well as jawboning the Japanese to voluntarily limit car exports to us.
Geez - can we put the world into perspective please? Immigration was no where near the problem it is now back in the 80s.
Sure he got suckered by Kennedy into the ‘86 Act, he admitted so after he left office. But that was not the pressing issue of the 1980s, the Soviet Union was (and by extension US military weakness coming out of Vietnam and promoted by Carter), the economy was, inflation was.............
You can’t overlay today’s big issues back then and say Trump is better on this/that because they don’t fit. Trump is responding to Terrorism/Immigration the same way Reagan did the Soviet Union. But the Conservative mindset of putting the US in a position of strength, but morally and militarily was Reagan’s mantra, not Trump.
Trump is doing great things. Let him finish the job without ripping apart the truly greatest president of the modern era.
That’s all that is requested.
I believe you are correct!
You have to get into the mindset that everything _bama did was on purpose. His actions were done to increase dependence on government, or to lower America's standing in the world, or to put us at a disadvantage with other countries.
Once you start getting into that mindset, you realize that, no, he wasn't some monumental idiot that was in over his head and didn't know what he was doing. He was following a plan laid out to him by his masters.
“Actually, Trump may actually be better than Reagan.”
Man did I ever catch grief here on FR when I said that during the primaries and during the run-up to the election.
Lighten up Francis, Reagan is the standard by which a lot of politicians have been measured by, and now it’s Trump’s turn to be measured by Reagan’s performance.
Just because he exceeds Reagan’s performance isn’t a reason to get all bent out of shape.
Let me put it this way. I usually vote against a presidential candidate. The only time I’ve ever voted “for” one was 1980.
Notice I didn’t include 1984.
I’m not tearing down Reagan though. He really was awesome. It’s just that if you actually look at the policies championed (and passed) by Trump, and compare to those championed and passed by Reagan, as good as Reagan was (and he was amazing), Trump is actually turning out to be better for the conservative cause in his actual actions.
That’s really all I’m saying.
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