election debates
Political News — Current Debates — Political Commentary — Election Politics —
election debates
Political News — Current Debates — Political Commentary — Election Politics —
debate-political debates-election election-debate politics political debate-political
Home

Stocks Soar Under
Tax Policies of President
Trump and Republicans

In case you haven't noticed, the economy is starting to boom as we enter 2018. It's no accident. It's not a delayed reaction to Obamanomics. It's Trumponomics in action, and it's working.

There's usually a lag time between the action (the policy) and the reaction (economic growth). But the fact is, the previous administration's terrible policies — trillion-dollar "stimulus," ObamaCare, Dodd-Frank, a horrendous regulatory expansion — hurt the economy so much that even the possibility that they would be reversed brought us a burst of optimism and growth.

President Trump has worked fast: he's changed many of those economy-slowing policies by deregulating, taken whacks at Dodd-Frank, ended ObamaCare's mandate, and cut taxes sharply for Americans and businesses alike.

Thanks to President Trump and the Republicans, wealth-friendly policies hold sway in the U.S., and the economy is set to grow by more than 3% for a third straight quarter and into 2018 — a welcome relief from the lousy 1.5% GDP growth of the Obama years.

We see it now in dozens of economic indicators, both large and small:

Good enough for you? We could go on. The fact is, these are the most bullish economic conditions in America since the early 1980s.

We could easily add dozens other items to our list of economic data and other things that have "suddenly" or "unexpectedly," as the media like to say, gotten much better during just one year of President Trump. The list would be a long one.

Are we just being Pollyannas? Of course not. We know that markets go down as well as up; we know that economies shrink; and that people can lose jobs. A policy mistake here, a foreign policy scare there, one rate-hike too many by the Fed — any of these things could throw a monkey wrench into the good times. It's part of the endless ebb and flow of a free economy.

But right now, thanks to President Trump and the Republicans, wealth-friendly policies hold sway in the U.S., and the economy is set to grow by more than 3% for a third straight quarter and into 2018 — a welcome relief from the lousy 1.5% GDP growth of the Obama years. After having their bridles yanked in for nearly a decade by Big Government Democrat policies and high taxes, the economy's horses are free to run.