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Trump’s Unprecedented Economic Success – The Story the Corrupt Media Won’t Tell

Today’s Campaign Update
(Because The Campaign Never Ends)

WINNING. Sooooo much WINNING.  – Guess what? Every major U.S. stock index rose yet again on Thursday as the wealth of positive economic news just kept rolling in. The NASDAQ saw it 11th consecutive record high close, and the Dow and S&P 500 also closed at new all-time high levels.

On the passage of President Trump’s tax cuts two years ago almost to the day, we here at the Campaign Update told you that those tax cuts, targeted as they are towards stimulating capital investment and economic growth, would quickly create a situation in which the economy’s largest problem would become a literal shortage of workers qualified to fill all the good-paying jobs that would be available. There is little doubt that we have now reached that happy point.

We now have record low unemployment levels for pretty much every category of American: Record low black unemployment; record low Hispanic unemployment; record low veteran unemployment; record low Asian unemployment; and a record high number of men and women gainfully employed in the U.S. economy. According to a recent report issued by the White House:

The surge in labor demand has resulted in 7 million job openings, which outnumber job seekers by more than 1 million. Before President Trump took office, there had never been more recorded job openings than unemployed workers.

Think about that. Never before, not even during the Reagan recovery, has the U.S. economy been in a situation in which it had created more open jobs than there were unemployed workers to fill them. That is a stunning achievement, and if a Democrat were president while such an outcome had been achieved it would be the only story being aired anywhere, anytime on cable news.

But because we are in the age of Trump, an age when our utterly corrupt fake news media studiously ignores reporting any news that reflects positively on the U.S. President, the White House must tell the story itself. This morning, to ensure our readers do get to see it, we are reprinting that December 16 report here.

Enjoy!

DRIVING A RECORD-SETTING ECONOMY: The booming economy and strong labor market allow Americans of all backgrounds to find work and succeed.

  • The current labor market revival is not a continuation of past trends, but instead a direct result of President Trump’s pro-growth policies.
  • Since President Trump was elected, more than 7 million jobs have been added to our economy – surpassing the Congressional Budget Office’s predictions by 5 million jobs.
  • This year, the unemployment rate has fallen to 3.5%, its lowest level in 50 years.
    • Unemployment for African Americans, Hispanic Americans, Asian Americans, veterans, individuals with disabilities, and those without a high school diploma have all reached record lows under President Trump.
  • The President’s policies are bringing people off the sidelines and into the labor force.
    • The prime age labor force has grown by 2.1 million under President Trump.
  • The surge in labor demand has resulted in 7 million job openings, which outnumber job seekers by more than 1 million.
    • Before President Trump took office, there had never been more recorded job openings than unemployed workers.
LOWERING INEQUALITY: President Trump’s policies are helping forgotten Americans across the country prosper, driving down income inequality.
  • Annual nominal wages grew by 3 percent in 2019 for the first time in a decade.
    • Nominal wage growth has now been at or above 3 percent for 16 straight months.
  • Wage growth for many previously forgotten groups is now higher than wage growth for more advantaged groups.
    • This is the case for lower-income workers compared to higher-income workers, workers compared to managers, and African Americans compared to white Americans.
    • These income gains mark a fundamental change compared to before President Trump’s inauguration, contributing to reduced income inequality.
  • When measured as the share of income earned by the top 20 percent, income inequality fell in 2018 by the largest amount in over a decade.
    • The Gini coefficient, an overall measure of inequality in the population, also fell in 2018.
LIFTING UP AMERICANS: The booming economy is lifting millions of Americans out of poverty and providing all people with the opportunity for a brighter future.
  • In 2018 alone, nearly 1.4 million Americans were lifted out of poverty.
    • The poverty rates for African Americans and Hispanic Americans reached historic lows in 2018.
    • Over 600,000 children being raised by single mothers were lifted out of poverty in 2018.
  • The number of people claiming unemployment insurance as a share of the population is the lowest on record.
  • Nearly 7 million fewer people are on food stamps than at the time of the 2016 election.
  • 380,000 fewer people are on Social Security Disability insurance than before the 2016 election.
  • Americans in economically-distressed communities are benefiting from increased investment thanks to the Opportunity Zones included in President Trump’s historic tax reform.

[END]

WINNING WINNING WINNING WINNING WINNING WINNING WINNING WINNING

Image may contain: 8 people, people smiling, meme, crowd and outdoor, text that says 'IMPEACH TRUMP! BEFORE WE ALL END UP WITH JOBS!'

That is all.

Today’s news moves at a faster pace than ever. Whatfinger.com is my go-to source for keeping up with all the latest events in real time.

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7 thoughts on “Trump’s Unprecedented Economic Success – The Story the Corrupt Media Won’t Tell

  1. Jimmy MacAfee - December 27, 2019

    Sun Tzu strikes again!

    “The greatest victory is that which requires no battle.”
    “There is no instance of a nation benefitting from prolonged warfare.”
    “Opportunities multiply as they are seized.”
    “Build your opponent a golden bridge to retreat across.”

    The model of endless violent war, built by the Uniparty, is over; warfare is now conducted economically. That’s not to say violent war doesn’t exist, but economics are a better field. Our Uniparty had given up all the ground economically, surrendering in order that a few might profit, and that Americans might join the slave market as slaves. Slaves no more! Neither the white race, nor the black, nor other cultures are enslaved in our nation anymore.

    They tried to unite us against an enemy which will not be defeated militarily. Prolonged warfare is how they’ve bled us, and continue to bleed us. Prolonged warfare is how we’ve been bankrupted. We have bankruptcy issues in our future, and must stop the bleeding now, both internally and externally.

    President Trump has re-set everything, even as the Nimrods continue to try to undermine every American, and President Trump will continue the re-set.

    The fake press blinds itself, trying to blind the people, but how effective is it to blind one’s self? As General Patton said:

    “No dumb bastard ever won a war by going out and dying for his country. He won it by making some other dumb bastard die for his country.”

    The fake press blinds itself, murders itself and makes itself more and more irrelevant. And they haven’t even allowed themselves to build the golden bridge of their retreat; they will fall where they stand!

    Happy New Year!

    1. Jimmy MacAfee - December 27, 2019

      Footnote: they tried to unite us against an enemy which cannot be defeated militarily, but which is a fake enemy anyway: “Global Warming,” “Climate Change.” How do you fight a war with a phantom enemy? Why do you fight a war against shadows that don’t exist?

      To spend all your ammunition. Let the Nimrods fight themselves against themselves.

    1. ndeans - January 16, 2020

      There are two basic problems with the celebration of Trump’s unprecedented economic success. First, it’s not based on any true measure of economic success. The number undoubtedly spearheading this claim is the unemployment rate, which is down to 3.5%. But the unemployment rate only counts people who are actually claiming unemployment benefits. A heartless leader could just tell every person looking for work that they will get no support from the government and take a bow because that would effectively drop the unemployment rate to 0%. A better measurement is the jobless rate which is currently at 37%, higher now than it was when Trump took office.

      What this means is that under Trump, not only were more jobs lost than gained but fewer families struggling with the resulting unemployment are being helped by the government. So the administration is trying to sell some fake news by using misleading statistics.

      Secondly, there’s no hard evidence that Trump has done anything at all to help the economy. Next to the misleading unemployment rate, the fake news depends mostly on the stock indices, but we can see that bull got a running start way back in the Obama administration and that’s when the rate of increasing value on the market was set and it hasn’t changed since Trump took office. That means that Trump didn’t really do ANYTHING to change the conditions on the market.

      Sorry folks.

  2. phineas gage - December 27, 2019

    The weight of disbelief that the media are required to suspend is growing evermore burdensome.

    It is a fascinating spectacle to watch an entire profession monolithically commit ideological suicide. It is fairly easy to predict that most media entities will not exist as such a decade hence.

    In addition, the coming cataclysm in higher education, as institution after institution closes their doors, will be amusing to watch, particularly the caterwauling from all the displaced politburo apparatchiks.

    1. Jimmy MacAfee - December 27, 2019

      Yes, I’m going to enjoy watching the donations dry up in higher education, as people decide not to give their money to those who want to destroy wealth. And I’m especially going to enjoy watching as the fake sciences (gender studies, angry studies, silly studies) are terminated – the shrieking! The hissing and hysteria! Sobbing attention-seekers, as the support for their confusion is no longer funded by idiots.

  3. Gregg - December 27, 2019

    I first heard of Donald Trump back in the eighties when I lived in NJ. Everything I heard abut him was negative; a pampered arrogant ass going through bankruptcies and divorce. Didn’t pay much attention to him then; never have and still don’t give more than a passing glance to the tabloids at check out counters. It is not worth my time reading worthless stories about worthless self-important people with brains the size of peas. I never watched “The Apprentice”.

    I supported Perot in 1992 – even spent $250.00 getting my own style bumper stickers made for him because Bush the first was so bad. That brought us BJ Clinton and I vowed never to vote for another independent again.

    In the early 2000s, I saw a Trump for president bumper sticker and paid it no mind, but hoped he would not run as an independent. Bush the second was the president back then, the GOP ran the congress and I felt reasonably content with where the US was politically.

    Then 2006 came, then 2008 with a repeat in 2012… I truly feared for the country’s future. In 2016, the Dem primary was a fait accompli, and the (too many) 17 GOP candidates were a mess, but ANY one of them would be infinitely better than Hillary Russian Clinton, or the Commie.

    I was a Cruzer, but when Trump came out of nowhere and started to win, I converted. He was who I hoped Perot would have been. When he won, I just hoped that he would be no worse than the Bushes and felt that gridlock was the best I could hope for. Keeping Hillary out of the White House and denying Obama his “third term” was my main concern.

    To my great surprise, Donald John Trump has surpassed even Reagan as a great president! During the past three years I have been cautiously optimistic that Trump would continue to succeed. I was very disappointed about the 2018 election, but Trump has, in many ways, done what no other president has ever done; turned a moderate defeat into his political advantage. The Dem house victory has totally exposed the left and the MSM in such a way that no amount of campaigning or advertisement could have.

    We are in a ideological war in which one side or the other must prevail. Trump has been accused of being “divisive”, but so has every other GOP president, unless they cave and bed over to the Left’s position; then they are “OK” for about five minutes, before they become “divisive” again. Trump, like others, tried in many ways to work with “Chuck and Nancy”. But thankfully he soon realized the true nature of the Dems., and has forcefully fought back ever since.

    Yes, it is accurate to say that Trump is “divisive”; divisive against the Left, which is why he won in 2016. But he is also a uniter. He, along with his understanding of the left, skillfully used their tactics against them. He reverse projected their message that every white, conservative, Christian is a racist, bigoted, homophobe, and forced them, and their true views, “out of the closet”. He exposed them for what they are. BJ Clinton was the best politician of the 20th Century; he could sell sand to Arabs, and air conditioners to Eskimos. He was able to “triangulate” his message; by pitting one of his opponents against the other so as to prevail, (get away with it). His triangulation tactics were actually strangulation tactics, and he used them well, especially after he lost congress after only two years. He really accomplished nothing in his eight years except he filled the government bureaucracy and judiciary with anti-American leftist hacks; as did Obama. Neither Clinton nor Obama united anything, ever; they just never got criticized for keeping the country in quiet turmoil by pitting one group against another. Clinton’s main accomplishment was that he managed to stay in office and somehow remained “popular” for eight years.

    Trump is the uniter of the American Right, the conservative GOP, the libertarians, the pro-American moderates, and even fair minded Democrats. He is also bringing together the long abused and neglected minorities who the Dems have used as election pawns my whole life. He is and has united Americans once thought ununitable.

    After I saw how Trump governed, I hoped he would win again, and prayed he would also win the popular vote the second time and overcome the mass voter fraud. Now, seeing how the Dems and the Left is self destructing, I see a massive popular vote landslide for him and GOP at all levels nationwide. I don’t think he will get an Electoral College landslide like Reagan did twice, but I can see him winning perhaps forty states with possible pickups in NH, DE, VA, MN, NM, NV, CO, and perhaps one or two formerly deep blue states like NJ, MD, MA, WA, OR, or IL. Some of these blue stated have actually recently elected Republican governors or other statewide Republicans. I don’t in any way see Trump losing any states he won.

    Our future is bright if we are smart enough to make it so; I’m betting we will nest year.

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