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Donald Trump, Champion of Jobs Creation in America

August 17, 2018 By Richard C. Young

President Donald J. Trump participates in a tax reform kickoff event at the Loren Cook Company, Wednesday, August 30, 2017, in Springfield, Missouri. (Official White House Photo by Joyce N. Boghosian)

It is to be hoped that every American voter understands what President Donald Trump has achieved for America.

President Trump’s regulation-slashing, tax cutting, and conservative, business friendly judicial appointments are powering America’s historical economic rebound from the poisonous ruins of the Obama era.

For nearly five decades, I have been gauging monthly economic momentum and writing to my management clients at the Young Companies. My writing is a matter of record. Never have I written in such glowing terms about this much success delivered by one man, Donald Trump.

I have seen zero positive input from a single politician in Washington on either side of the aisle. The tax on dividends, capital gains and estates should have been cut to zero. Military spending should have been slashed dramatically. Whole departments in Washington should have been closed or moved to low-tax, regulation friendly states (i.e., Florida, Alabama, Texas).

Finally, Obamacare should have been 100% repealed and replaced. Instead?

OK then, here is the outstanding jobs-creating report directly from the folk at NFIB:

The Small Business Optimism Index marked its second highest level in the survey’s 45-year history at 107.9, rising to within 0.1 point of the July 1983 record-high of 108.

The July 2018 report also set new records in terms of owners reporting job creation plans and those with job openings. A seasonally adjusted net 23 percent are planning to create new jobs, up three points from June

Thirty-seven percent of all owners reported job openings they could not fill in the current period, a one-point increase from June.

Small business owners are leading this economy and expressing optimism rivaling the highest levels in history,” said NFIB President and CEO Juanita D. Duggan.

Expansion continues to be a priority for small businesses who show no signs of slowing as they anticipate more sales and better business conditions.

Read more here.

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Richard C. Young
Richard C. Young
Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.
Richard C. Young
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