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Showing posts with label jobs. Show all posts
Showing posts with label jobs. Show all posts

Wednesday, January 31, 2018

Trump's Accomplishments In One Year!

President Donald Trump’s State of the Union Address, Jan 30, 2018. What’s not to like?

http://israel-commentary.org
By Jerome S. Kaufman
Astute Fox News Senior Analyst Brit Hume best summed up the Democrat response to the speech. “I don’t think the American people are going to like the attitude and body language of the Democrat leaders in the audience. “They all looked as if their dog had just died.” Bret Baier and Martha McCallum, the Fox team alongside for the speech coverage, cracked up.
What then was the Democrat problem? Simple. President Trump was just too good. He presented his unbelievable list of one year’s accomplishments. He put forward the American flag and his primary concern for the well-being of the United States of America First — not selfish, power seeking single minded partisan politics.
What was his one year list of accomplishments? In part they included:
2.4 million new jobs!
Rising wages in all segments of the economy,
Nation-wide unemployment at a 45 year low,
African American unemployment at the lowest level ever,
Hispanic unemployment also at the lowest level ever,
Small businesses gained 8 trillion in value.
The Stock Market gains are off the charts at all time highs,
Your retirement holdings, your 401K savings are greater than ever,
The Congress, thanks to the ceaseless nudging of President, passed a bill authorizing the biggest tax cuts and reforms in our history:
The Standard Deduction for individuals has been doubled
The first $45,000 of income is tax-free
The credit for each child supported has doubled
The tax bill for a family of four with an income of $75,000 has been halved
Take home pay has increased for everyone
The awful Individual Mandate of Obama Care forcing everyone to buy health insurance, whether they wanted to or not, has been eliminated.
Three million Americans have already received tax reductions
The taxes on businesses has been lowered from 35% one of the highest in the world to 21% making us once again competitive in world markets and virtually guaranteeing greater production, greater employment and higher wages.
Small businesses can now deduct from their taxes 20% of business income.
The big corporations are flocking back to this country from abroad, bringing back American dollars and creating new American jobs.
Apple is investing 3.5 billion more dollars in new operations and 20,000 new workers are to be hired
Exxon Mobile is bringing back 50 billion dollars to invest in US projects
Fiat Chrysler is investing one billion in a Warren, MI truck factory shifting work back from Mexico.
Toyota Motor Corp and Mazda Motor Corp announced they would build a new $1.6 billion joint venture auto plant.
US War Veterans, for the first time have other options for health care. They are no longer held hostage to the oft-proven inefficient operations of Veteran Hospitals
President Trump, with Senate approval, has appointed a top rated Supreme Court Judge, Neil Gorsuch, who is known for his faith and belief in the Constitution of the United States — not the whims of transient political popularity and correctness.
President Trump has appointed a record number of circuit court justices that are also sworn to uphold the Constitution of the US and actually believe and respect that oath.
President Trump became the first US president in the State of Israel’s 70 year old re-birth to recognize Jerusalem as the capitol of Israel. The audience’s response registered thunderous support and heart warming.
In the latest Fox News Poll, President Trump’s approval rating had risen to 45% and there is no question, after this home run of a speech, it will rise considerably more – as it should.
So, no wonder the Democrats sat upon their hands with wry, unhappy faces and left early.
Jerome S. Kaufman, Editor/Publisher
Israel Commentary

Tuesday, August 1, 2017

Trump's Scoreboard Coming Up All Green



The Trump Scoreboard

Tracking how markets and the economy perform under the new president

Source: U.S. Bureau of Labor Statistics via FRED
*Median of months in presidency so far
**Compound annual growth rate will be available Jan 20, 2018

Thursday, March 16, 2017

Trump's 50 Days Shows More Results Than Most 4 Year Presidents Even With Democratic Intransigence And Media's Fake News



What Trump Has Accomplished in His First 50 Days

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donaldtrump-forpresident
In his first 50 days as president, Donald Trump has accomplished more than some presidents accomplish in their entire terms in office. He’s added jobs to the economy, driven the stock market to record highs and saved taxpayers billions of dollars.
In fact, Trump has accomplished so many things that the items below are only a partial compilation. But oh, what a list! Here are some of the best of Trump’s major achievements from his first 7 weeks in office:
1. New jobs
In both January and February, U.S. companies added jobs to the economy by leaps and bounds. In January, the numbers were 238,000 jobs added, and in February the figures were 235,000, with wages growing by an average 2.8 percent and unemployment falling to 4.7 percent.
Of course, Trump has been quick to point out that the way the government calculates unemployment is currently not very accurate, and new Treasury Secretary Steve Mnuchin has been one of the first people to acknowledge this. Hopefully, a more accurate formulation will be put to use by Trump’s administration soon.
2. A Lower National Debt
An occurrence that many people didn’t expect has come to pass; Trump has succeeded in lowering the nation’s debt, instead of adding to it. The most recent figure for the debt under ex-President Obama was $19.947 trillion, but since then, Trump has subtracted $68 billion — not a bad start for a president who has vowed to cut copious government waste.
3. Manufacturing Is at Its Best Since 1984
The Philly Fed Index, which measures how well manufacturers are doing, showed its best numbers since 1984. Hopefully, Trump can top that over the course of the next several years.
4. Small Businesses and Medium-Sized Businesses Are Confident
By many accounts, the real drivers of the nation’s economy are small businesses and medium-sized businesses, which account for at least 83 percent of the nation’s employment. The National Federation of Independent Business (NFIB) Small Business Optimism Index recently hit its highest levels since 2004; clearly, the nation’s business owners are optimistic about the future.
5. The Stock Market Keeps Hitting Record Highs
Since Trump was elected, the Dow Jones Industrial Average has surged more than 12 percent — greater than 2500 points — to close above 21,000 for the first time ever on March 1. It’s hard to beat a number like that as far as showing how confident businesses are.
6. Samsung Is Investing in American Production
Samsung is one of several companies (see below) that have made announcements of hiring and/or moving production to the United States from other countries. Samsung will reportedly invest $300 million in expanding its U.S. production facilities.
7. ExxonMobil Is Moving Jobs to the U.S.
ExxonMobil has announced it will build 11 new plants along the Gulf Coast of the U.S. over the next 10 years, spending more than $20 billion. More than 45,000 jobs will be created.
8. Carrier Will Keep Its Indiana Manufacturing Plant
One of the first actions that Trump was celebrated for was the saving of hundreds of jobs at air conditioner manufacturer Carrier that otherwise would have gone to Mexico. This happened even before Trump had officially started his term in office!
9. Fiat Chrysler Is Investing $1 billion in Its Factories
Fiat Chrysler will invest $1 billion in two of its factories in Detroit and Toledo, creating at least 2,000 jobs.
10. Hasbro Announced It Will Start Making Play-Doh in the U.S. Again
Toy giant Hasbro announced it will move production of children’s modeling clay Play-Doh to a Massachusetts factory from facilities in China and Turkey.
11. The Coal Industry Has Been Freed from Onerous Regulations
Ex-President Obama saddled the coal industry with regulations that were causing it to go bankrupt. Trump has rescinded many of those regulations via an executive order, helping to revitalize this proud and important American industry.
12. The Transpacific Partnership Is Dead
Trump’s first act as president was to kill the Transpacific Partnership (TPP), a so-called “free-trade” deal that would have cost the U.S. untold numbers of jobs and lowered standards for everything from food to medicines.
13. Illegal Immigration from Mexico Is Down by 40 Percent
According to the Department of Homeland Security (DHS), border crossings from Mexico are down by 40 percent. When Trump’s anticipated southern U.S. border wall is erected, this number will likely go much higher.
14. The End of Sanctuary Cities Has Been Mandated
Trump signed an executive order withholding federal funds for municipalities that harbor criminal aliens, accelerating the end of “sanctuary cities.”
15. The Repeal and Replacement of Obamacare Has Begun
Although the replacement of Obamacare is still being intensely deliberated (and rightly so), the wheels are in motion for the repeal of one of former President Obama’s worst legacies — the overpriced, dysfunctional and enormously bureaucratic healthcare legislation formally known as the Patient Protection and Affordable Care Act (PPACA) — a disaster from Day 1.
16. Neil Gorsuch Has Been Nominated for the Supreme Court
The president has nominated a strict Constitutionalist in Neil Gorsuch, who will add a conservative voice to the nation’s highest court to replace the sorely missed Justice Antonin Scalia.
17. The Approval of the Keystone Pipeline and the Dakota Access Pipeline
It’s been a long time coming, but these pipelines will create American jobs and lower consumer gas prices.
18. International NGOs Sanctioning Abortions Will Lose Funding
Trump signed an executive order cutting funding for non-governmental organizations (NGOs) that sanction and/or sponsor abortion.
19. Transgender Bathroom Policy Will Be Set By States, Not the Federal Government
Via an order to the Department of Justice, Trump has left it up to states to decide issues related to transgender bathrooms, eliminating the federal government’s role in this contentious and controversial matter.
20. American Taxpayers Will Save on the Cost of Air Force One
The planes that shuttle the president to national and international destinations will cost less, thanks to a promise Trump extracted from Boeing CEO Dennis Muilenburg. The amount that will be saved has not yet been finalized, but will likely be in the hundreds of millions of dollars.
As one can see, this is quite a list. If Trump can keep up this effort, he stands a good chance of going down as one of the greatest American presidents in history. Here’s hoping he will be in office for a full eight years!