Two years into the Trump administration and the American economy is on fire. America’s manufacturing sector is roaring back. Wages are up. Unemployment is down, especially among minority groups.
Trump was ridiculed by the “elites” when he promised to bring back the manufacturing jobs that Obama had gifted to China and Mexico. “What magic wand do you have?” sneered Obama when mocking then-candidate Trump.
Obama should be strenuously condemned for allowing China and Mexico to decimate American’s manufacturing sector. Thousands of American factories were lost in Obama’s anti-business and food stamp economy. Obama’s capitulation to China was perhaps even more treasonous than his capitulation to the Islamic Republic of Iran.
Obama will be remembered as the President who handed over America’s manufacturing sector to China, and as the President who enabled Iran to go nuclear.
As for President Trump, he will be remembered as the President who saved America from the left. A modern-day President Lincoln, and the best President of our lifetime. Better than Reagan.
“Trump’s Policy ‘Magic Wand’ Boosts Manufacturing Jobs 399% In First 26 Months Over Obama’s Last 26,” by Chuck DeVore, Forbes Magazine, March 11, 2019
During the 2016 presidential campaign, Donald Trump consistently promised to revive America’s manufacturing economy.
Trump’s focus on manufacturing brought out high-profile critics who scoffed at the notion. President Obama notably said in June 2016 that manufacturing jobs “are just not going to come back.” He said this at a time when manufacturing job growth had flatlined, falling by 31,000 from January of 2016 to when he delivered his pessimistic comments in June of that year.
While President Obama’s time in office did see job gains, even in manufacturing, it’s important to note that jobs always come back in a post-recession recovery. But comparing the nation’s most-recent economic recovery from the trough in June 2009, the pace of job growth was slower in Obama’s tenure than in any past recovery—except for the rebound from the mild eight-month recession in 2001, following the deflation of the dot-com bubble.
Much of the blame for the weak economy can be set at the feet of two failed economic policies: monetary and fiscal. From the reliance on the Federal Reserve’s easy money—$4.5 trillion of “quantitative easing”—to the Troubled Asset Relief Program (TARP) started under President Bush to Obama’s Cash For Clunkers program, the post-2009 recovery was marked by government intervention at levels not seen since the Great Depression 70 years earlier.
“Trump’s PA. Popularity no accident,” by David Urban, TRIB LIVE, March 16, 2019
There’s a reason why President Trump is becoming more popular in important Midwestern battleground states like Pennsylvania: Voters don’t want to lose the ongoing economic renaissance that is transforming their lives.
According to a recent opinion survey from The Wall Street Journal, the president “cumulatively leads a generic Democratic opponent, 46 percent to 40 percent,” in Pennsylvania, Indiana, Michigan, Ohio and Wisconsin.
The survey’s findings are not surprising, and it’s no small coincidence that those states are all thriving under the president’s pro-growth economic policies.
Indeed, Trump’s economic agenda has had a profound effect on Pennsylvania: The state’s 4.0 percent unemployment rate is now the lowest it’s been in nearly two decades, and the economy continues to add new jobs at a dizzying pace.
Trump fighting for American workers abandoned by Obama. On Monday, Trump said GM and the UAW should start talks and suggested GM close a plant in China or Mexico. “Bring jobs home!” he wrote.
General Motors and the UAW are going to start “talks” in September/October. Why wait, start them now! I want jobs to stay in the U.S.A. and want Lordstown (Ohio), in one of the best economies in our history, opened or sold to a company who will open it up fast! Car companies…..
— Donald J. Trump (@realDonaldTrump) March 18, 2019
….are all coming back to the U.S. So is everyone else. We now have the best Economy in the World, the envy of all. Get that big, beautiful plant in Ohio open now. Close a plant in China or Mexico, where you invested so heavily pre-Trump, but not in the U.S.A. Bring jobs home!
— Donald J. Trump (@realDonaldTrump) March 18, 2019
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