Trump Can Lead Us to a Record Recovery
Do you have enough to worry about? The coronavirus has stressed us all. The rioting and looting that has plagued our cities for the past six weeks has set us back decades in terms of criminal violence and feeling safe in our communities. Our economy is in shambles. We’re facing famine. There are murder hornets, apparently. It’s a lot to handle.
Before you get overwhelmed, stop and realize that there is good news—as long as you turn off the mainstream channels. They say it’s always darkest before dawn, and at least where our economy is concerned, that seems true. We appear to be poised to see the fastest, record-breakingest economic recovery the world has ever seen.
Here’s how President Trump is going to do it…
It’s all about jobs, and President Trump has proven himself to be a masterful leader when it comes to creating jobs. March and April of this year were rough. They saw the heaviest lockdowns in the country. If we account for lower testing rates, they also saw the fastest and worst spread of the virus to date. Along with all of that came historic levels of unemployment and economic devastation. Tens of millions of workers suddenly lost their jobs. The general consensus was that it would take years to get those jobs back.
Then came May. Experts expected us to lose millions more jobs. Instead, we added 2.5 million. In June, we created 4.8 million jobs. If we keep that rate going, we’ll erase coronavirus unemployment numbers by the end of September. Of course, holding that rate is a big if, but there’s one thing that’s clear. We never saw this under Obama. In fact, no country in history (including our own) has ever seen this level of job production. President Trump’s economic leadership is shining yet again.
But that’s not all. His great leadership extends beyond helping the economy recover swiftly. This year came with the biggest market sell-off in history in response to the coronavirus. The Dow and S&P 500 remain volatile, but they’ve erased most of their losses. They seem to be chomping at the bit for lockdowns to fully end so they can surge again.
Meanwhile, the NASDAQ continues to break records — while we have 10-percent unemployment. Think about that for a minute. Investor confidence hasn’t been shaken. That confidence is tied directly to President Trump’s leadership. It’s the same reason we saw such a big run after he was elected.
These numbers are promising, but can we really credit President Trump? The short answer is an emphatic yes. Let’s look at some policy positions. The first, and most important, is that our President is pushing for an open economy. If we allow Americans to work, they will, and the economy will flourish. It’s pretty simple.
Beyond that, we have President Trump’s trade policy. It’s easy to forget, but he is winning in the trade war with China (which may be why they released the virus). In January, they committed to trillions in favorable trade with the U.S. That deal is still in effect. As long as we allow businesses to operate, we’re staged for the most prosperous economy we have ever seen.
Pair that with deregulation, affordable energy and transportation and everything else President Trump has done, and we’re set to explode — in the good way. We can get out of this pandemic far ahead of the rest of the world. All we need is for state and local governments to get their heads back in the sunshine and stop murdering businesses. That part will largely be up to you. You must fight back against tyranny in your own community. Everyone needs to pitch in if we are going to be successful.