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Trump – Give Us More Prosperity, Please

October 27, 2020 By Debbie Young

President Donald J. Trump and First Lady Melania Trump greet trick-or-treaters during the 2020 White House Halloween event Sunday, Oct. 25, 2020, at the South Portico of the White House. (Official White House Photo by Andrea Hanks)

In Alan Blinder’s recent op-ed “The Trump ‘Jobs Boom’ Is a Convenient Myth” (WSJ op-ed, Oct. 22), Mr. Binder fails to inform readers what Donald Trump accomplished during his pre-pandemic first term:

  • Reversed 15 years of declining labor force participation.
  • Drove jobless rates to a 50-year low.
  • Advanced black employment to record levels.

After 16 years of a flat-lined median household income, the U.S. economy broke out under President Trump.

  • 1 million jobs were added to the economy, compared with 11.3 million over all eight years under President Obama.
  • Household net worth in the U.S. climbed to over a record-level $100 trillion.
  • Prosperity reached all levels, especially amongst lower-income Americans.

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Debbie Young
Debbie, editor-in-chief of Richardcyoung.com, has been associate editor of Dick Young’s investment strategy reports for over three decades. When not in Key West, Debbie spends her free time researching and writing in and about Paris and Burgundy, France, cooking on her AGA Cooker, driving her Porsche Boxter S through Vermont and Maine, and practicing yoga.
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