Think back into the far reaches of history, all the way back to 2016. Remember that year? It's when we last had a presidential election. During the campaign, there was an ongoing debate. No, I don't mean the one about who is slimy or a liar or a philanderer or deplorable or a Nazi. I mean the debate about trying to restore growth to the American economy. On the one side were Donald Trump and the Republicans who argued that the USA needed to jump start its economy to get it growing by at least 3% per year. Three percent may not sound like much, but in the context of the US economy, three percent growth means about six hundred billion dollars more production across the country. On the other side were Hillary Clinton, the Democrats and the mainstream media and many of the so-called economics experts. Their message was that because of structural shifts in the US economy, the most we could hope for in terms of growth was something just under 2%. Two percent, we were told by the Democrats, was the "new normal". These Democrats/media/pundits mocked the idea that America could grow again at anything like a 3% rate. Even though the average growth rate had been higher for the fifty years prior to the Obama presidency, the Democrats and their supporters told us we would never see such growth again.
Well now let's come back to the present. We have just completed 14 months with President Trump in office. For all that time, most attention in the media has been on nonsense like the Russia - Trump conspiracy hoax or important national issues like Stormy Daniels. Nevertheless, Trump and the GOP have put in place their policies to try to restore better growth to the American economy. And guess what? The plan is working. For the last year, the economy has been growing at about 3% and, most likely, the effect of the new tax cuts will increase that 3% to 4% or higher. It seems the Democrats' new normal was only normal for times when a Democrat is in office. The extra hundreds of billions of dollars in production since Trump took over means huge numbers of new jobs and an increase in salaries/wages for US workers. More than anything else, it is the best reason for keeping control of DC in the hands of the GOP. We don't want to go back to an economy where there is no opportunity for people other than those who are already wealthy.
Well now let's come back to the present. We have just completed 14 months with President Trump in office. For all that time, most attention in the media has been on nonsense like the Russia - Trump conspiracy hoax or important national issues like Stormy Daniels. Nevertheless, Trump and the GOP have put in place their policies to try to restore better growth to the American economy. And guess what? The plan is working. For the last year, the economy has been growing at about 3% and, most likely, the effect of the new tax cuts will increase that 3% to 4% or higher. It seems the Democrats' new normal was only normal for times when a Democrat is in office. The extra hundreds of billions of dollars in production since Trump took over means huge numbers of new jobs and an increase in salaries/wages for US workers. More than anything else, it is the best reason for keeping control of DC in the hands of the GOP. We don't want to go back to an economy where there is no opportunity for people other than those who are already wealthy.
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