If the U.S. economy continues to surge under President Trump, I may need to change the name of my website. In December 2009 I started “The Economic Collapse”, and it was quite an appropriate title at the time. In fact, the 10 years immediately preceding the Trump presidency was one of the worst stretches for the U.S. economy in our entire history. But now things are changing. Manufacturers are coming back to America, unemployment is falling, and the stock market has been soaring.
During his State of the Union address, President Trump called this “our new American moment”, and at this time it is hard for anyone to disagree with him. Things are definitely better for ordinary Americans than they were under previous administrations, and even some of Trump’s most hardcore critics are starting to come around.
The Democrats were hoping to use Trump’s speech to launch a new wave of attacks against him, but that massively backfired. The State of the Union address may have been Trump’s best performance to date, and even a CBS News poll found that his speech got an astounding 75 percent approval rating.
No matter how Democrats try to spin things, the truth is that there is a lot of good economic news right now. The following are 10 amazing facts about America’s economic recovery that come directly from the transcript of Trump’s State of the Union address…
#1 “Since the election, we have created 2.4 million new jobs, including 200,000 new jobs in manufacturing alone.”
#2 “After years of wage stagnation, we are finally seeing rising wages.”
#3 “Unemployment claims have hit a 45-year low.”
#4 “African-American unemployment stands at the lowest rate ever recorded”
#5 “Hispanic American unemployment has also reached the lowest levels in history”
#6 “Small business confidence Click to see the original article