By George Mentz
FLASH: After 17 years of financial crisis and unemployment, this nation is seeing its 1st real “peace dividend” since Ronald Reagan was our President.
A few of the Bill Clinton years were great, but as it was his last 2 years in office, the economy blew up with the biggest market crash since the great depression.
The NASDAQ stock market during Bill Clinton’s Presidency in Y 1999 was as high as it was in the last year of The Hussein Obama Presidency in Y 2016. Essentially, we had no real gains in wealth for workers in over 20 years of Bill Clinton, George W. Bush and Barack Hussein Obama.
Further, Mr. Hussein Obama created another $10-T in debt for US families.
This Bull Market began on 9 November 2016, when global investors realized that the USwould be a stable and reliable place to invest again.
Global investors and the global wealthy include major countries and individuals from the EU, Arabia, China, Russia, Latin America, India and Africa.
As for the 20 years of job losses, NAFTA, state taxes, and other globalist loopholes ripped middle class jobs away from states such as New York, Pennsylvania, Ohio, Michigan, Wisconsin, and other manufacturing states.
Those states that did well under President Reagan, but lost so much in the years that followed:.
President Trump’s Top 10 economic achievements are as follows:
- 5-M New Jobs: President Trump has created over 5-M new jobs since November 2016. (5.38-M)
- Real Peace and Prosperity Now: The US is not at war for the 1st time in 18 years.
- NAFTA Innovated: The old NAFTA has been removed and expanded into the USMCA to allow for companies and jobs to come back to the U.S.
- President Trump May Have Created or Saved More Than 10-M new Jobs: Mr. Hussein Obama was the 1st to use the term “saved or created” during his 8-year Presidency. Nobody was really sure what the definition of “saved or created” was, but it always sounded bizarre. The U-6 total unemployment statistic reached all-time highs under Mr. Hussein Obama, but those losses have been reversed by President Trump.
- President Trump’s New Tax Code: Federal taxes for working families are down for the first time in many years. While wages are up again this year, Obamacare costs and state taxes in blue states strip away any gains that workers were making.
- President Trump’s Economy Is Creating Factory Jobs 10X faster than Mr. Hussein Obama’s economy, according the Investor’s Business Daily. President Trump created a half a million new manufacturing jobs since Mr. Hussein Obama left office.
- All Boats Lifted: All minorities have been lifted by the new administration with record-high employment for Italians, the Irish, Hispanics, Native Americans and all other ethnic groups.
- Energy Independence: For the 1st time in a long long time, the US is not hostage to any foreign nation for Crude Oil. Energy is affordable for working forks, and the US is exporting Crude Oil.
- Fighting the Drug Crisis: President Trump has secured $6-B in new funding to fight the opioid epidemic. The epidemic caused over 500,000 deaths of US citizens during Mr. Hussein Obama’s 8 years, when the bulk of the synthetic killer drugs were smuggled in to the US past the southern border with Mexico.
- Unleashing American Entrepreneurship: President Trump repealed more than 20 regulations for each new rule issued, and cut regulatory costs by $10-B.
Working families are tired of market crashes and wasteful investigations. Taxpayers are tired of war and joblessness. Workers are weary of getting ripped off by the bureaucrats with state taxes and health-care taxes. People want a good education for their kids and low crime in the streets. Overall, citizens just want to be free to work, earn, and have a safe and prosperous lifestyle for themselves and their children.
The US is finally getting a regulatory system and tax laws where people can work hard and get ahead.
By George Mentz
Paul Ebeling, Editor
George Mentz, JD,MBA, CWM Chartered Wealth Manager ® is a licensed attorney and CEO of GAFM ® global education. He is an award winning author and advisory board member to several companies around the world in education, charities, and crypto currency.
Making and Keeping America Great!