Sunday, January 7, 2018

Latest Economic Numbers Show Impact Of Trump Policies

Yesterday, I reported that the Trump economic boom which has been humming along for over a year now, was actually picking up steam thanks to the recent passage of the largest tax cut in American history.
We learned that the Dow Jones was breaking records, that the nation was hiring new jobs out at amazing speed, and that the unemployment rate was continuing to fall.
Today, more specific economic news is providing even more evidence of how GOP policies really do benefit everyone.
For years, minority groups have voted (particularly African-Americans) have voted more for Democrats than they have for Republicans. This truth is odd considering that minority groups are more prosperous under Republican leadership than they are under Democrats. For example, African-Americans had lower unemployment during the George W. Bush era than they did during the Obama era. (You can see the pertinent data here, and here.)
A few months ago economist Stephen Moore explained that President Trump had done more for the black community in his first 8 months in office than President Obama had done in 8 years.

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