The questions everyday Americans may want to consider when entering the voting booth in November is not whether President Donald Trump’s economic policy is superior to that of his predecessors. The real question is whether or not the Trump economy is the greatest in the nation’s history?
Arguing a case that President Trump has set new economic standards runs along the lines of debating which NFL quarterback is the “greatest of all time,” or GOAT. Some point to New England Patriot’s QB Tom Brady’s six Super Bowl wins. Others consider that a team accomplishment and point to the likes of Joe Montana in clutch situations, or Dan Marino’s ability to take the Miami Dolphins on his shoulder pads. GOATs are like comparing apples and oranges, to some degree. But President Trump’s ability to overcome the lingering recession, Democrat resistance, and post unprecedented highs, may indeed make him the presidential GOAT.
One of the measures that the opposition party and fake news media declines to compare among presidents is the average unemployment rate. When looking at the first 35 months of the Trump Administration’s 50-year low, the contrast between him and other revered commanders in chief sets him apart. Consider the following average unemployment rates through just under three years:
- Ronald Reagan: 9 percent
- George H.W. Bush: 5.9 percent
- Bill Clinton: 6.2 percent
- George W. Bush: 5.5 percent
- Barack Obama: 9.3 percent
- Donald J. Trump: 3.9 percent
What stands out is that the Clinton-era was roundly considered one of improved prosperity. The now-disgraced ex-president inherited more than eight years of economic policy aimed at improving unemployment rates and still saw an increase. By contrast, Trump inherited a sluggish post-recession economy that had to be purged of progressive regulations that were hamstringing the U.S. economy. Experts are now saying that President Trump not only dramatically improved the economy but ushered in unprecedented income equality.
“Workers’ wages have lately been rising faster than the salaries of their bosses. It pretty much knocks out the inequality argument. It appears the Trump era has been reducing (income inequality)” assistant editor of The Wall Street Journal’s editorial page James Freeman said.
Fox Business commentator Charles Payne concurred that the income equality gap has shrunk due to the president’s America First policies.
“The first time it happened was September 2018,” Payne said. “And it’s happened every single month, except one, where blue-collar workers’, not supervisory workers’, wages have grown faster than their supervisors’. It’s amazing.”
According to the Census Bureau and the Bureau of Labor and Statistics data, income gains have transpired in all Metropolitan areas of the country for the first time in more than a quarter-century. Despite these realities, Democrats and their comrades in the fake news media continue to push doom, gloom, and phony harbingers of a recession.
Fake news outlets also continue to promote the false idea that Obama did more to improve the 401(k), college funds, and other stock market investments for Americans. The Washington Post went as far as to run headlines claiming the Trump gains somehow lag behind Obama’s. This is something of a head-scratcher when you look at any of the top measures.
As of January 17, the Dow Jones was enjoying another record high under Trump at 29,348.10. When the president upset Hillary in the 2016 election, the measure stood at 18,332.74. That’s more than 11,000 in gains in just three years. By contrast, the Dow steadied at 12,933 when Obama won the 2008 election. It doesn’t take a math whiz to see Obama gained only 6,000 points in eight years, while Pres. Trump earned an 11,000 win in just three.
At the current rate of the Trump economy, experts predict this measure will exceed 32,000 and could double if the president maintains his current trajectory for eight full years. No other president in the history of the country can boast such success. And, the other stock measures are faring equal or better than the Dow. These are the facts that the fake news media doesn’t want Americans to know.
But beyond the unprecedented reductions in unemployment and growth in economic equality, the Trump Administration has also delivered wins in terms of energy dominance, restored the country to the number one most competitive world economy, and upended China in a trade war. With the manufacturing base on the rise, and more than 1 million new good-paying jobs coming down the pipeline, should we be comparing Trump to Obama? By these measures, that’s like comparing NFL bust Ryan Leaf to Roger Staubach. In reality, there is no debate. President Trump is the GOAT.