New data from the Census Bureau indicates that incomes for Hispanic households are soaring in the Trump economy. Hispanic households reached record high inflation adjusted income levels in 2017. CNSNews.com reports: The median household income for U.S. households in which the householder is Hispanic hit a record high of $50,486 in 2017, according to the Census […]
President Trump Keeps His Promise to American Workers
Unemployment is extremely low, wage growth is accelerating, and Americans are confident. Donald Trump is presiding over one of the strongest economies in decades. Trump has kept his promise to working class Americans by forcing unfair traders to come to the negotiating table, and cutting taxes on corporations so America can compete against its first […]
It Never Happened Under Obama
The Beltway press corps seems incapable of acknowledging that the health of the U.S. economy is more important than President Trump’s tweets about the health of the economy. However President Trump describes it, there’s no denying the good news, James Freeman reminds readers in the WSJ. Business creation reaches the highest level ever recorded in […]
Record High Truck Sales Again as the Trump Economy Booms
The booming Trump Economy is creating massive demand for big rigs. Orders hit a record for the second month in a row in August, and the backlog of truck orders is the longest it has ever been. The Wall Street Journal‘s Eric Phillips writes: Fleets last month ordered 53,100 Class 8 trucks, the largest vehicles […]
President Donald Trump: America’s Job Creating Champion
The number of initial jobless claims recorded last week was the lowest in 49 years. President Donald Trump is America’s job creating champion today. Reuters’ Lucia Mutikani reports: The number of Americans filing new claims for unemployment aid fell to near a 49-year low last week and private payrolls rose steadily in August According to a […]
Why Does Trump’s Political Standing Remain Stable?
It’s the economy, stupid, as James Carville, Bill Clinton’s adviser, famously quipped during the Bush (H.W.)/Clinton presidential campaign. President Trump, despite operating in an atmosphere of emergency, crisis and imminent doom, even before he was inaugurated, seems to move on. But why and how? Here are a handful of reasons from Matthew Continetti in NRO: […]
Trump’s Tax Cuts Make America Money Again
America is making money again as corporate profits soar 16.1% compared to last year. The Wall Street Journal’s Harriet Torry and Theo Francis report on the Trump administration’s economic achievements: The Commerce Department said Wednesday that after-tax profits across the U.S. rose 16.1% from a year earlier, the largest year-over-year gain in six years. Sales by S&P […]
Consumer Confidence Soars in the Trump Economy
Americans are back to work, and with their new jobs they are feeling extremely confident as consumers. The Conference Board’s survey of Consumer Confidence shows American consumers feeling better than they have since December of 2000. Martin Crutsinger reports at the AP: Americans’ consumer confidence rose in August to the highest level in nearly 18 […]
President Trump Generates Historic Economic Enthusiasm
This fall Americans will have a once-in-a lifetime chance to help keep America’s job machine humming and full employment for skilled workers. The progressive/liberal high-tax, heavy-regulation Obama administration nearly pushed America’s economy into recession (see my charts). Just the announcement of a tax-cutting Trump victory slammed on the recession brakes and propelled the historic jobs […]
A Summer of Sunshine for U.S. Economy
The U.S. has not seen anything like this in a long time: The economy is faring better than it has in a generation, with simultaneous gains among various demographic groups, reports the WSJ. Older workers, women, minorities, seniors and the less-educated all are faring better in the labor force today than they did under President […]
