Statistics show economic growth
In the Jan. 12, 2019 issue of The Inter-Mountain, Mike House wrote: “What did you accomplish in the two years that you controlled the House, the Senate and the White House? Let me tell you. You passed a tax reform bill — that is it.” Apparently Mr. House was soundly asleep during those two years, or he has chosen to ignore the facts.
In the second quarter of 2018, we saw a 4.2 percent economic growth. There were 4 million new jobs created, with more Americans employed than in our history. Jobless claims were the lowest level in five decades, with the longest positive job growth on record. Job openings are at an all-time high, with more jobs than job seekers.
Black unemployment hit a record low of 5.9 percent in May 2018, and Hispanics unemployment was just 4.5 percent.
Asian-American unemployment hit a record low of 2 percent, and in May 2018, unemployment among women was the lowest in 65 years, and youth unemployment was the lowest in 50 years. After Obama killed the oil & gas industry, our Republican congress brought back over 100,000 new jobs supporting the industry.
In two years, the median income reached $61,372, and paychecks rose by 3.3 percent between 2016-2017. Since 2016, 3.9 million people got off food stamps, and Hispanic home ownership hit the highest rate in nearly a decade, with poverty rates among blacks and Hispanics the lowest levels on record.
Under the Republican Congress, over $450 billion dollars returned to the U.S., with $300 billion generated in the first quarter 2018. The tax cuts provided more than $5.5 trillion in gross cuts, of which nearly 60 percent will go to U.S. families. In just two years, the child tax credit doubled, leaving more money in the pockets of low income workers.
For a moment, assume you own a business and you hired new employees to represent your company, and in just two years, there were over 200 positive accomplishments to their credit. Would you consider them a failure? Of course you wouldn’t, but that’s exactly what the left wants you to believe. Here’s a quote by Thomas Sowell:
“The fatal attraction of government is that it allows busybodies to impose decisions on others without paying any price themselves. That enables them to act as if there were no price, even when there are ruinous prices — paid by others.” We’ve seen examples of Sowell’s “busybodies” in past administrations controlled by left-wing Democrats.
I’m sure you’ve heard “a cur dog won’t bite the hand that feeds it,” but that’s exactly what you did if you voted to put the Democrats back in power. The Bible considers the “common dog” the lowest of all animals on earth, but in this case, the “left-wing voter” out-shined the common dog.