President Trump Grows the Fastest Economic Recovery in U.S. History

6

Despite the Democrat lockdowns, riots, looting, widespread crime and violence — the American people want what’s right, decent and good.

The fastest economic recovery in U.S. history

Under President Trump, America built the strongest economy the world has ever seen. The stock market broke records, the unemployment rate dropped to its lowest level in half a century, and income inequality fell as blue-collar jobs returned to our country.

Then, as a pandemic from China spread across the globe, President Trump made the difficult but necessary decision to shut the economy down to slow the spread of COVID-19.

Story continues below advertisement

???? President Trump: We are witnessing the fastest recovery in history!

Now, as we safely reopen, our economy is surging back faster than anyone predicted:

  • America added over 9 million jobs from May through July—beating market expectations three months in a row. President Trump’s historic, bipartisan relief package alone is estimated to have saved over 50 million jobs.
  • Retail spending has fully recovered and is now at an all-time high.
  • Industrial production rose for the third straight month in July, with factory output up 3.4 percent last month after a 5.7 percent surge in June.
  • The NASDAQ and S&P 500 stock indices are trading at or near record highs once again, lifting Americans’ 401(k)s.

That result is no accident. After the financial crisis more than a decade ago, it took America over four years to regain 9 million lost jobs. But following the Coronavirus shutdown, it took the Trump Economy only a few months to do just that.

“We had such a strong foundation that we’re recovering much faster than anybody anticipated,” President Trump said at a news conference on Saturday.

In addition to pro-growth, pro-worker policies long before the crisis—including tax cuts, deregulation, renegotiated trade deals, and more—President Trump responded to the pandemic by using the Defense Production Act to lead the greatest mobilization of American industry since World War II.

The Trump Administration has exercised the DPA and related authorities 78 times so far, dispersing over $3.5 billion to speed the development and manufacture of essential materials here at home. President Trump mobilized the productive power of General Motors, for example, to create thousands of ventilators for Coronavirus patients.

As a result, GM repurposed its Kokomo, Indiana, plant in just 17 days. It has now produced over 21,000 ventilators.

Other companies, including Ford Motor Company, GE, 3M, and Puritan Medical have partnered with the Federal Government to ramp up production of everything from N-95 masks to testing swabs. This nationwide effort is boosting American manufacturing, creating jobs, reshoring supply chains, and replenishing our Strategic National Stockpile.

“New factories, businesses, and laboratories are being built all over America to match our Nation’s demand for personal protective equipment, pharmaceuticals, drugs, testing supplies, therapeutics, and vaccines,” President Trump said.

President Trump’s “Made-in-America” strategy is crucial for defeating this virus, important for restarting our economy—and essential for restoring our country’s promise.

???? President Trump: An incredible comeback is underway!

MORE: We have rebuilt America’s Strategic National Stockpile

 

The Truth Must be Told

Your contribution supports independent journalism

Please take a moment to consider this. Now, more than ever, people are reading Geller Report for news they won't get anywhere else. But advertising revenues have all but disappeared. Google Adsense is the online advertising monopoly and they have banned us. Social media giants like Facebook and Twitter have blocked and shadow-banned our accounts. But we won't put up a paywall. Because never has the free world needed independent journalism more.

Everyone who reads our reporting knows the Geller Report covers the news the media won't. We cannot do our ground-breaking report without your support. We must continue to report on the global jihad and the left's war on freedom. Our readers’ contributions make that possible.

Geller Report's independent, investigative journalism takes a lot of time, money and hard work to produce. But we do it because we believe our work is critical in the fight for freedom and because it is your fight, too.

Please contribute here.

or

Make a monthly commitment to support The Geller Report – choose the option that suits you best.

Quick note: We cannot do this without your support. Fact. Our work is made possible by you and only you. We receive no grants, government handouts, or major funding. Tech giants are shutting us down. You know this. Twitter, LinkedIn, Google Adsense, Pinterest permanently banned us. Facebook, Google search et al have shadow-banned, suspended and deleted us from your news feeds. They are disappearing us. But we are here.

Subscribe to Geller Report newsletter here— it’s free and it’s essential NOW when informed decision making and opinion is essential to America's survival. Share our posts on your social channels and with your email contacts. Fight the great fight.

Follow Pamela Geller on Gettr. I am there. click here.

Follow Pamela Geller on
Trump's social media platform, Truth Social. It's open and free.

Remember, YOU make the work possible. If you can, please contribute to Geller Report.

Join The Conversation. Leave a Comment.

We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. If a comment is spammy or unhelpful, click the - symbol under the comment to let us know. Thank you for partnering with us to maintain fruitful conversation.

If you would like to join the conversation, but don't have an account, you can sign up for one right here.

If you are having problems leaving a comment, it's likely because you are using an ad blocker, something that break ads, of course, but also breaks the comments section of our site. If you are using an ad blocker, and would like to share your thoughts, please disable your ad blocker. We look forward to seeing your comments below.

0 0 votes
Article Rating
6 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
David F Mayer
David F Mayer
3 years ago

When did Trump authorize “Lockdown”? I do not remember him doing that. Lockdown was perpetrated by the various governors quite independently of the President.

Trump has omitted ONE ESSENTIAL ACTION: Nationwide invocation of the Insurrection Act and the crushing of all violent demonstrations. It is high time to bring in the Army with guns, armor, and attack helicopters.

tedlv
tedlv
3 years ago
Reply to  David F Mayer

Pinpointing who to stack with your suggestion is difficult. I hope they get it right, and I hope they succeed.

Cauc-Asian Patriot
Cauc-Asian Patriot
3 years ago
Reply to  David F Mayer

NOT SO DRAMATICALLY! IN PORTLAND, OR AND CERTAIN PLACES IN A MODIFIED WAY! HE NEEDS TO GET RE-ELECTED TO DEAL WITH ALL THIS WHICH IS A FORM OF INSURRECTION AND TREASON!

Cauc-Asian Patriot
Cauc-Asian Patriot
3 years ago
Reply to  David F Mayer

I DON’T TOTALLY AGREE WITH THIS NEGATIVITY BUT ANDREW BREITBART IS A LEGENDARY MARTYR OF THE REAL RIGHT RENAISSANCE MOVEMENT OF OUR TIME! MY FEELING IS HIS FAMILY WAS PAID OFF OR SOMETHING AS THERE SHOULD HAVE BEEN A LOT MORE THAT HAS COME OUT ABOUT HIS ASSASSINATION BY THE GEORGE SOROS-IAN GLOBALIST BANKING CLIQUE VIA A CONTRACTOR FOR THE OBAMA ADMINISTRATION, I BELIEVE THE SAME GROUP THAT TRIED TO TAKE OUT PRES. TRUMP CALLED THE DEEP STATE!
THERE ARE STILL GOOD RIGHTIST WRITERS WORKING WITH BREITBART! IT IS A VERY MONEY ORIENTED ORG WHICH RESTRICTS THOSE OF US WHO HAVE HAD IT ALL TAKEN AWAY BY THE GEORGE SOROS-IAN GLOBALIST BANKING CLIQUE’S LOCAL MINIONS BUT LET’S NOT DOX OUR OWN! WE HAVE TO KEEP EVERYTHING IN PERSPECTIVE AND NOT SURRENDER LIKE ANDREW BREITBART! THE COUNTRY WE WIN OR LOSE WITH PRES. DONALD TRUMP’S RE-ELECTION WILL BE OUR OWN!

Kyle Hill
Kyle Hill
3 years ago

I wonder how aware Trump is of the industry that has slid this way? I wonder why he won’t call out and tell them the bull crap must STOP. The buck stops here!!!! At least Obama said that once though I don’t remember what it was about but right wing people made fun of that. I wish I could remember why though.

His other quote was something about a magic pen.

Kyle Hill
Kyle Hill
3 years ago

I wonder how aware Trump is of the industry that has slid this way? I wonder why he won’t call out and tell them the bull crap must STOP. The buck stops here!!!! At least Obama said that once though I don’t remember what it was about but right wing people made fun of that. I wish I could remember why though.

His other quote was something about a magic pen.

Sponsored
Geller Report
Thanks for sharing!