Despite the liberal media’s outright contempt for President Trump and his administration, there’s one thing even they can’t deny, the American economy is strong once again.
Since taking office in January, dozens of American companies have pledged to reinvest in America, building new factories and hiring U.S. workers.
In just a few short months Amazon has pledged to create 100,000 new jobs, Fiat Chrysler announced a $2 billion American investment that will lead to 2,000 new jobs, and Stanley Black & Decker will open a new $35 million new plant.
These companies view President Trump as friendly to business with his pledge to cut corporate taxes and end burdensome regulations that have a stranglehold on innovation.
All this is proven through the jobs numbers.
In April the U.S. economy added 211,000 new jobs and the unemployment rate fell to 4.4%, but the good economic news hasn’t stopped there.
The Department of Labor reports that the number of individuals asking for unemployment benefits fell to the lowest levels since 1988.
Jobs: Americans filing fewer and fewer jobless claims, fewer layoffs.. via JPM pic.twitter.com/lqZNcYdg2d
— Sara Eisen (@SaraEisen) May 11, 2017
From The Daily Caller:
During the last week of April, 1,918,000 people received unemployment insurance benefits, the lowest number for insured unemployment since November 5, 1988 when it was 1,898,000, according to the Department of Labor (DOL). The advance seasonally adjusted insured unemployment rate was 1.4 percent for the last week of April, unchanged from the previous week.
Initial unemployment insurance claims, which counts the number of people who applied for unemployment insurance for the first time, fell by 2,000 to 236,000 in the first week of May.
There were 10,216 former federal civilian employees claiming unemployment for the week ending April 22, a decrease of 781 from the previous week. Newly discharged veterans claiming benefits totaled 10,955, an increase of 13 from the prior week.
If the liberal media does report on these strong economic numbers, which is highly unlikely, they will spin it as President Trump benefiting from the Obama economy, when in reality more Americans and businesses are feeling confident that we have a president in the White House that puts American jobs first.
For too long, the American public had lost confidence in our economy, as Obama’s policies discouraged business investment and instead prompted American companies to hoard cash.
President Trump has vowed to reverse the disastrous Obama economy, and these new numbers show that the American people have more confidence in the economy and their ability to find good, high-paying work.
Do you believe that President Trump’s pro-business policies are contributing to the good economic news? Share your thoughts below!