You might have noticed that the closer Trump came to the White House the more incoherent Obama became. There was the famous speech that Obama gave in which he said that the jobs we lost during his administration would never come back. “What magic wand do you have that you’re going to bring those jobs back?” he asked.
Well, Trump may say some off the wall things, but he’d be damned if he was going to give away his economic secrets. We can tell you one thing that’s for certain, Trump didn’t even need to be inaugurated for his economic magic wand to start working. The moment he was elected, companies started positioning to bring jobs back to the United States. Why? The simple fact that they were confident that Donald Trump would do what he promised by incentivizing domestic manufacturing.
In other words, Trump’s reputation for follow-through and gravitas as a major league businessman enabled him to do what no other politician could. The result: major tax breaks for all tax paying citizens, 40-year overall unemployment low, record low black unemployment (kind of a big deal), and pulling out of major drains like the Paris Climate Accord and NAFTA.
Perhaps most surprising about the Trump economy is something that CNN actually manages to twist as if it’s a criticism; the job surplus. There are actually more available jobs for the currently available workforce to fill. That means, if you need a job- one is waiting for you.
Do you know what sane people call that? They call it security. Just think of it. Whether you’re a business owner, an entrepreneur, or a worker of any stripe- you probably live with the faint realization in the back of your mind at all times that your industry could go belly up, you could be downsized, or made redundant. You could be beaten by the opposition or fall prey to changing regulations. These are normal fears and whether or not you are aware of it- that background fear is a drag on your quality of life. How much better do you feel, how much better do we feel as a society knowing that if we lost our main source of income this afternoon- there are jobs out there waiting to be taken.
You might call it a conservative social floor, a true welfare state without government sanctioned theft which guarantees that below a certain level you shall not fall. That’s Trump’s economy.
Barack Obama has been flying around the country claiming credit for Trump’s economy. That’s right, the same guy who said you would need a magic wand to turn the economy around is now saying that he had one the whole time, it’s just kicked in now. Well, we’re very sorry Mr. Obama- but you didn’t build that.
The truth is that the Trump administration has been repealing dozens of Obama business regulations in an effort to give businesses the breathing room they need to be productive and put Americans to work. Since President Trump took office, almost 4 million jobs have been added to the economy. That’s change you don’t have to believe in, it’s right there for everyone to see.
In a recent article on the subject, the Weekly Standard put it this way, “Obama raised taxes. Trump cut them. Obama was a regulatory zealot. Trump is passionate about deregulation. Obama’s Clean Power Plan killed the coal industry. Trump is reviving it. Obama downgraded the role of entrepreneurs and free markets in boosting the economy and lauded the wonderful things government does.”
Arguably, Obama’s biggest achievement was the Affordable Care Act (ACA), otherwise known for Obama Care. It was truly an achievement, no question. It was a hallmark medical reform the likes of which we had not previously seen. It was also written by Mitt Romney and intended for the state of Massachusetts. But the ACA was just another Democrat handout to low energy voters. It was medical welfare that took from anyone earning better than poverty wages and gave to those who make too little to qualify to pay taxes.
In other words, Obama Care took from the productive and gave to those who produce nothing. That’s like pulling components out of the engine of your car and melting them down to decorate the exterior. That’s a really good way to build a fancy chicken coop, but it’s no way to run an economy.
That’s the difference between Trump and Obama, and that’s what Democrats and welfare bums don’t want you to know.
~ Freedom News Report