Chairman of the Council of Economic Advisers Kevin Hassett Educates the White House Press As To Who and What Is Responsible for Amazing Economy
WANT TO LEARN WHO REALLY IS RESPONSIBLE FOR THE CURRENT THRIVING ECONOMY …
Watch the video below and you will see a masterful job by Chairman of the Council of Economic Advisers Kevin Hassett educate the liberal White House press as to when and where and who and why the economy is doing so well today. Unemployment is at 3.8%, we have had record low unemployment for Africa-Americans and Hispanics. Millions of jobs being created including manufacturing ones who Obama said would never return. Business and consumer confidence is up. Last quarters GDP was 4.2%. The DOW hit yet another record high today of 26,743.50, up 86.52.
Kevin Hassett goes through chart after chart showing the trend lines that distinctly indicate during who’s presidency the amazing gains have been made. Please watch. What is rather ironic is Obama is taking credit for things in the economy that he claimed would never happen again. President Trump has reversed many of the economy killing regulations.
Hey Barack Obama, you didn’t build it!
Remember when Obama mocked Donald Trump prior to the 2016 elections, stating the jobs were not coming back and how could he make such claims come true. Remember when Obama stated, what does he have a magic wand? It would appear he did Barack. It just goes to show just how clueless Obama was in the economy and job creation.
MAGA: 72% of Blue Collar Workers are OPTIMISTIC About Future and 67% of Blue Collar Workers are HAPPY!!!
THE FORGOTTEN MEN AND WOMEN ARE HAPPY AND OPTIMISTIC UNDER PRESIDENT TRUMP …
A new survey of white and blue collar employees have provided some amazing results. 72% of blue collar workers and 76% of white collar workers are optimistic about their future. Also, 67% of blue collar workers state they are happy at their work. The 2016 presidential election victory by Donald Trump was a victory for the forgotten blue collar men and women of America. Blue collar workers are very optimistic about the future.
By many measures, America’s blue-collar workers are confronting a challenging present and uncertain future. The twin threats of outsourcing and automation show few signs of slowing, causing some pundits to question whether the American dream remains attainable for working-class families.
However, research suggests the outlook for white-collar professionals may also be less than rosy. Whereas blue-collar workers have actually enjoyed rising wages in recent months, white-collar professionals have seen their pay remain largely stagnant. Plus, large-scale surveys indicate office workers are feeling deeply disconnected from their work, leading to burnout and poor performance.
Keep this in mind for the upcoming 2018 midterm elections. It is not about what the MSM tells you or a skewed poll, it’s always about the economy.
MORE GREAT ECONOMIC NEWS …
As reported at CBS – Boston, Middle class income levels are back to where they were during 2000. The Pew Research Center report, which used the most recent data available; however wait until they use the 2017 and 2018 economic data that will show the levels have blown above the reported 2016 ones.
No wonder the middle class is feeling squeezed. Its income is only returning to where it was in 2000.
The typical family of three had an income of just under $78,450 in 2016, according to a Pew Research Center report, which used the most recent data available. In 2000, it was just under $78,100.
Whatever advances the middle class made in the early 2000s were snuffed out by the Great Recession, said Rakesh Kochhar, a senior researcher at Pew. Its median income had dropped to $74,000 by 2010, and it took several years to return because of the historically slow economic recovery just after the downturn.
Only upper income families have seen some uptick. Their income rose to nearly $187,900 in 2016, compared to $183,700 in 2000.
The Census Bureau will report median household income for 2017 for the nation overall on Wednesday. It rose to just over $59,000 in 2016, up 3.2% from a year earlier.
MORE ECONOMIC WINNING WITH SOME PUZZLING UNDERLYING DATA …
According the the Washington Examiner, 83% of executives say business is better and 76% see more growth. This is more economic winning under the Trump presidency. However, there are a couple of disturbing quirky elements from this data. Despite the GOP tax cuts that have helped businesses, the executives prefer Democrats in the upcoming midterm congressional elections and also believe that Democrats are better for business. HUH? This makes entirely no sense. The reason why the economy is booming is because President Donald Trump and Republicans lowered taxes and roll back regulations. There was not one vote from Democrats. Also, Democrats are on record that they want to repeal the Trump tax cuts, how could Democrats ever be good for business or growth?
Over eight-in-10 executives believe that business is better than it was two years ago, and almost as many expect further growth in the third year of the Trump administration, according to a new survey of decision makers.
The Zogby Poll from Zogby Analytics, provided to Secrets Friday, also found that both big and small businesses see the economic climate in great shape.
“An overwhelming majority (83 percent) of respondents said business is doing better compared to two years ago. Whether this sentiment is the result of actions put forth during the Obama presidency or Trump presidency is up for debate and will be divided along partisan lines, but at the moment there is momentum building in the U.S. economy,” said the trademarked survey.
America, it was the Trump & GOP tax cuts and his roll back of regulations that has caused to economic boom. The reason why the DOW is up over 8000 since Trump’s election, why the S&P 500 and NASDAQ surged to record highs and why the US consumer confidence has rose to an 18-year high, why we are all-time lows with Black and Hispanic unemployment, small business optimism at 35-year high and why the U.S. Second-Quarter GDP 4.1%, adjusted to 4.2%!!!
FOLKS, THAT IS PRESIDENT DONALD TRUMP AND REPUBLICANS WHO ARE RESPONSIBLE, NOT DEMOCRATS. If you want all this to end and if you want to stop winning, vote Democrat in the midterms and watch it all crash.
MAKING AMERICA GREAT AGAIN!!!
As reported at FOX Business, Small business owners’ optimism hit a 35 year high in July at 107.9, just shy of the July 1983 record-high of 108. Small businesses also set records in terms of job creation and hiring. President Donald Trump is doing an incredible job of creating an environment conducive to business, the economy and unemployment. Small businesses are the backbone of the American economy and this type of optimism has not been seen since the days of Ronald Reagan. AMAZING!!!
Small business owners’ optimism touched a 35-year high in July, with businesses setting records in terms of job creation and hiring, while they cited the availability of qualified workers as their biggest challenge. In another signal of just how good this economy is, the small business owners also noted that they were able to increase prices.
In July 2018, the NFIB’s Small Business Optimism Index marked its second highest level in the survey’s 45-year history, at 107.9 – just shy of the July 1983 record-high of 108.
Records were set for job creation plans. A seasonally-adjusted net 23 percent of businesses are planning to create new jobs, while 37 percent of business owners said they had job openings that they could not fill in July.
“Small business owners are leading this economy and expressing optimism rivaling the highest levels in history,” said NFIB President and CEO Juanita Duggan. “Expansion continues to be a priority for small businesses who show no signs of slowing as they anticipate more sales and better business conditions.”