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It’s official: U.S. economy under Trump ONLY one improving among major powers

(National SentinelWinning: And in other news not tied to phony allegations of sexual assault aimed at keeping a qualified jurist off the Supreme Court, the U.S. economy under POTUS Donald Trump and Republican congressional leadership is now officially the only one “improving” among the world’s wealthiest countries and regions.

According to CNBC‘s latest survey of corporate executives, as indicated in the latest quarterly CNBC Global CFO Council survey, every other major economy is listed either as merely “stable” or “declining,” Breitbart News reported:

China, which had been viewed as improving earlier in the year, was downgraded to just “stable.” The Eurozone, which had been viewed as “improving” for most of last year and in the first quarter of this year, entered its second quarter as merely “stable.”

In fact, the U.S. economy is the only one seen as “improving” over the last four quarters — thanks in large part to tax cuts for all, tax reductions for businesses, and the administration’s axing of costly, nonsensical rules and regulations.

“The results suggest that the U.S. is in a much stronger position than others to handle any economic drag from rising tariffs and retaliatory trade barriers,” Breitbart reported.




In fact, the Trump-GOP economy is so good that last month, even Left-wing media normally hostile to the Trump administration have had to admit it.

Per the White House:

THE NEW YORK TIMES: Workers Hardest Hit by Recession Are Joining in Recovery

“The least educated American workers, who took the hardest hit in the Great Recession, were also among the slowest to harvest the gains of the recovery. Now they are a striking symbol of a strong economy. The unemployment rate for those without a high school diploma fell to 5.1 percent in July, the Labor Department reported Friday, the lowest since the government began collecting data on such workers in 1992.”

FOX BUSINESS: Millions Drop Off Food Stamps

“More than 2.8 million have stopped participating in the Supplemental Nutritional Assistance Program (SNAP) – commonly known as food stamps – since Trump’s first full month in office, the data showed. Food stamp enrollment in May 2018 was 39,329,356 versus 42,134,301 in February 2017.”

WASHINGTON EXAMINER: Hispanic Unemployment Again Hits New Record Low in July

“Unemployment for Hispanic workers again plumbed a new record low in July, the Bureau of Labor Statistics reported Friday. The unemployment rate for Hispanic or Latino workers fell to 4.5 percent in the month, lower than the previous record of 4.6 percent that was set just the month before.”

MILITARY TIMES: Unemployment for Post-9/11 Vets Hits Record Low

“The latest federal employment figures, released Friday by the Bureau of Labor Statistics, show veterans who have served in the military since 9/11 had an unemployment rate of 3 percent in July — the lowest it’s ever been, according to the government statistics dating back to 2006.”

CHICAGO TRIBUNE EDITORIAL BOARD: This Is What a Booming Economy Feels Like

“Best of all, people are finding work. The unemployment rate is 3.9 percent. It’s at a record low for Hispanics and near a record for African-Americans. Jobs mean everything to the nation’s sense of well-being. Opportunity offers fulfillment; paychecks create prosperity. Do you feel better about your prospects? You should. The economy is booming.”

If Democrats win back power, they will return our country to the high-tax, high regulatory status during the Obama years that killed productivity, profitability, and jobs growth. 

And they have said as much.


 

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3 Comments on It’s official: U.S. economy under Trump ONLY one improving among major powers

  1. This article doesn’t give the entire picture. The Russian economy, for instance, is more than stable and is improving. It has now overtaken the U.S. as the largest exporter of wheat on the planet.

  2. My son wants to be in Trumps Space Force. jus sayin

  3. Other countries had the better deal when it came to trade with the USA because of both Democratics and Republicans. Now that the USA has a real leader in Trump, the USA is making trade more fair for the USA. MAGA

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