Posted on 08/24/2018 5:47:30 AM PDT by Kaslin
Florida is winning big league under a revitalized economy.
The tremendous milestone of 4.1 percent national GDP growth shows that the United States is on the move again, and Florida is leading the pack.
The state economy is booming, unemployment hovers around an all-time low, and millions of Floridians are now seeing more take home pay in their paychecks.
So how did we get here?
Florida small business owners attribute this surge to the GOP’s historic tax reform, which awarded millions of Floridians an immediate tax break after it was signed into law.
A great case study example of how the historic tax cuts are delivering direct benefits to Floridians is Dina Rubio. Dina is a local restaurant owner in West Palm Beach, who said the tax cuts have cleared a path for business expansion that will allow her to hire more employees. She has an exuberance about the future of her business that was lacking in prior years as the previously weak economy limited her growth.Overall, businesses in the state have expanded hiring, raised hourly wages, and provided bonuses to thousands of workers across the state. Despite the destruction of Hurricane Irma, Florida still added nearly 200,000 jobs in 2017 alone, and the state’s overall unemployment rate is at the lowest level in over a decade.
The combination of tax relief and the expanding growth in the national GDP (the three-plus percent rate President Trump promised us back in 2017) has Florida’s economy moving full speed ahead.
For the first time ever, Florida’s gross domestic product just topped $1 trillion in July. If Florida were an independent state, we would have the 17th largest economy in the world — bigger than that of Saudi Arabia, Switzerland, and Argentina. And, according to the Florida Chamber Foundation, the state is adding about $2.74 billion to its GDP each and every day.
Florida even led the 10 largest states in job growth last year, and is also one of the top ten states in the country to start a business.
It should come as no surprise, therefore, that a recent opinion survey demonstrated that 61 percent of Florida voters 50 years and older approve of President Donald Trump’s job on the economy.
And the future looks even brighter. According to University of Central Florida’s Dr. Sean Snaith, Florida’s Real Gross State Product will expand by 3.7 percent in 2018 and 4.3 percent in 2019. Overall, Snaith expects average growth from 2017-2021 to be 0.7 percentage points higher than the national GDP growth.
Snaith said the recent progress isn’t by accident either. “This is really being driven by fundamentals … not just a fluke of an overheated economy.” That’s why the business sectors expected to have the strongest average job growth over the next three years include construction (6.3 percent) and professional services (5.2 percent).
This is further evidence of how Republican efforts to reinvigorate the economy are producing well-paying, no nonsense jobs throughout the great state of Florida.
The state is benefitting immensely from current economic leadership, and the good people of Florida should only expect more prosperity to come.
The future looks very bright for the Sunshine State.
Good for Florida!
However, WISCONSIN has been leading the Economic Pack since before President Trump showed up.
Love My Gov! (Governor Scott Walker, R, WI)
The data is here for all of our states:
https://www.bls.gov/eag/eag.wi.htm
Y’all Come! Wisconsin is WINNING despite the pockets of Socialists, the Vicious Union Thugs, The Enemy Media and the Never-Trumpers. :)
Plenty of jobs, good prices on homes, lots of nice communities, great hospitals (VA, too!), circumvented 0bamacare wherever we could, Republican control of the House & the Assembly (Senate), plenty of hunting and fishing, low crime, beer, cheese and pretty women. ;)
Folks, the Florida Primary election is next Tuesday, August 28, 2018. Vote for Rick Scott for U.S, Senator, Ron DeSantis for Florida Governor, Brian Mast FL18CD Congressman & Frank White for Attorney General. Our family of fifteen has delivered all fifteen votes for these folks in the early voting period.
Florida Trump supporters, turn out in massive numbers to choose your candidates and, show the entire country how much we love POTUS, DJT!!! Destroy the Democrat Party, politically especially in Broward County, where the blood of slaughtered innocents runs down the hands of Democrats like Democrat Congresswoman, Debbi Wasserman Schultz & Democrat, Broward County Sheriff, Steve Israel.
Early voted yesterday! MAGA!
I will tell you this about Florida, and I travel the highways and byways of the State, north to south, east to west. Right after Donald Trump was elected, dormant construction (dormant for eight years) sites became bustling hubs of activity! New construction was, and is, popping up everywhere. New commercial properties, as well as new homes, going up everywhere!
SW Florida economy has been good now it is really
hot..to hot..
Any high school kid can get a job in about ten minutes where I live..
Stores and resturants for years had older
people and very few kids..
The last year it has been kids...
Florida has become over crowed..needs an immigration system
Early voted last week...
When the country does well people travel - and when they travel they come to Florida... good times for all.
I live in that awful state just to your South. I love your description of Wisconsin. I have family there and have always enjoyed my visits.
Sorry to hear that! I have good friends in IL, too. One near Peoria and the other farms in about the middle of the state.
Keep Wisconsin on your Bucket List! :)
That is so WONDERFUL to hear! MAGA! :)
Diana,
What is your take on his reelection chances?
This news should boost Scott’s election prospects. Nelson has no answers, just a lot of squinting......
MFGA!
So, how many regular Americans read Townhall.com again?
Let me know when all three Nightly News Shows start off with this as their lead Story.
Preaching to the Choir while the Pews stand empty accomplishes nothing. There is life outside of the Bubble, believe it or not.
Thanks for this info. I’ve been too busy to follow the primary. Just that Creep Nelson makes my blood boil.
https://www.miamiherald.com/news/business/real-estate-news/article217026420.html
Scott has been a good governor under a challenging economy and an unpleasant previous administration in Washington. He’s handled the fallout from hurricanes - - in state and in Puerto Rico — better than any other governor I’ve seen. He’s earned the right to go to DC, which is more than I can say for either of the state’s current Senators. Fix half of that problem this election.
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