Ok, to recap some of the success President Trump has had we talked about 5 areas so far.
First we talked about the DJIA where it soared in President Trumps first year in office. In fact, it nearly doubled any year Obama was in office with a 6339.32 gain.
Second we talked about the overall unemployment rate where President Trump took it to new lows. It’s sitting at 4.1 and projected to hit 3.5 - 3.9 range soon.
Third we discussed the black unemployment rate where President Trump championed the cause. Results are in and the black unemployment rate is now at 6.8. That’s a far cry from the 12.9% average of his predecessor and something everyone can be happy about.
Fourth, we took a look at the Hispanic/Latin unemployment rate and it just gets better. Another historically low number with it sitting at 4.9.
Lastly, we talked about wage growth and there too we found improvements. Blame it on the recession, but 5 1/2 years after he took office was the first time Obama saw average wage growth at 3. President Trump however is clipping along at 3.6 and we’re all doing better.
So I think we can all agree the economy is doing better and we are feeling the results of it. It may be the new job you have, your income rising, or perhaps even more money in your 401k.
Special Note: This is not a referendum on Obama. He came into office with a recession which took him a while to get through. That said, if you were satisfied with what he ended up with, then you should be ecstatic to where we’ve come. We all should be, and like Lou said, as Americans we should be praying for the success.
Next topic? Maybe a closer look at the tax break to clarify who is getting what.
