REPORT: U.S. Economy Set To DOUBLE Under Trump Leadership

For eight years, the American Middle Class has been subjugated to a tepid, too often jobless, Obama economy.

According to the Organization for Economic Cooperation and Development, that is all about to change.

Via Yahoo News:

“President-elect Donald Trump’s big-spending plan and tax cuts are expected to help double the US economic growth rate by 2018, the OECD said Monday.

The US economy will grow by 2.3 percent in 2017 and 3.0 percent in 2018, said the Organisation for Economic Cooperation and Development, revising its earlier forecast.

That compares to gross domestic product growth of 1.5 percent this year, according to the OECD.”

JOBS-JOBS-JOBS.

That was the oft-repeated mantra of Mr. Trump while on the 18-month long campaign trail, and just weeks out from being sworn in as this nation’s next president, it appears he is poised to already make good on that declaration. Ford Motors assured the President-Elect it was keeping a manufacturing plant in the United States, while talks are now underway between Team Trump and Carrier Air Conditioning to do the same.

Even Apple, maker of the bestselling phone in the world, is now indicating the possibility of, for the first time, having at least some of those phones manufactured in America due to more business-favorable Trump policies.

RELATED:  MAKING AMERICA RICH AGAIN: Trump Stock Rally Breaks All Time Record

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MAKING AMERICA RICH AGAIN: Trump Stock Rally Breaks All Time Record

 

Something potentially spectacular appears to be underway with the U.S. economy.

The Dow Jones Industrial Average, the S&P 500, and the Nasdaq all closed at record highs today in what many are now calling a major “Trump Bump” while some economists indicate the Trump Economy might even rival that of the economic boom that took place during the Reagan years when profits and Middle Class incomes soared across the nation.

Larry Light of Forbes had this to say regarding that very subject:

Why Donald Trump’s Market Rally Echoes Ronald Reagan’s

“…Reagan decided to focus on economic issues first and foremost.  In February 1981, he sent to Congress what some political scientists called some of the most sweeping revisions of budget and tax policy ever attempted. The cornerstones of his plan were an across-the-board tax cut and an effort to reduce the size and growth of the federal government.”

Trump’s Make America Great Again economic proposals of cutting taxes, reducing non-entitlement and non-military spending (the “Penny Plan”) and increasing military and infrastructure spending are similar to what Reagan proposed but substantially larger.”  Full article: HERE

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Below is the end of trading graphic for today. Anyone attempting to argue the “Trump Bump” isn’t happening, and isn’t significant, are simply denying reality out of political spite. Donald Trump’s promise of lower taxes and fewer regulations, along with significant infrastructure and military spending has the American economic machine for the first time in a very long time, waking from its too-long slumber.

And for those silly liberal leftists who might once again try to dismiss Reagan (and therefore Trump) without actually knowing history, here is a brief rundown of those facts via Forbes:

“…Real per-capita disposable income increased by 18% from 1982 to 1989, meaning the American standard of living increased by almost 20% in just seven years.  The poverty rate declined every year from 1984 to 1989, dropping by one-sixth from its peak.  The stock market more than tripled in value from 1980 to 1990, a larger increase than in any previous decade.”

Now juxtapose the above with the following 2016  headline regarding the Obama economy – specifically how disastrous it has been for the Middle Class:

Average Family Today Has Less Income Than When Obama Took Office

And when you then combine the above with the falling labor force participation rate, you have a recipe for economic disaster:

Fewer jobs, less money for Middle Class families, higher debt, and more and more people simply giving up trying to make it (which is why the unemployment rate has fallen – once people stop looking for work, they are no longer counted as unemployed!)

Enter Donald Trump, talking language not heard since Ronald Reagan – the language of fewer regulations, lower taxes, a stronger military, and the determination to help ALL Americans regardless of race, gender, or political affiliation.

The challenges facing the Trump administration are enormous. The U.S. economy has been propped up for far too long on borrowed money and a dishonest media unwilling to share the details of just how precarious the country’s economic future has become. The student loan debt bomb alone could be enough to send us into another recession, and that is but one of many potential economic firebombs Barack Obama is leaving behind for President-Elect Trump.

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Leading Democrats “Freaked Out” To See Trump Defeating Hillary

They are “freaked out.” So says a report out of The Hill today as Democrats, upon seeing a slew of polling data showing Donald Trump enjoying a significant bump following his own GOP convention, has pulled ahead of Hillary Clinton in national polls as well as competing in states Democrats have not had to fight for in a national election for decades.

“It shouldn’t be this close. I don’t think there’s any question that the closeness of this race is cause for everybody to concern himself and recommit themselves to this campaign.” That is from Democrat Congressman Emanuel Cleaver of Montana. When Democrats are calling for people to recommit to Hillary’s campaign in August of 2016, you know there’s serious trouble in Democrat-paradise.

Interestingly, the race actually isn’t nearly as close as many projected it would be by this time. A more accurate description would be that Trump is winning, and for now, clearly has momentum on his side.

This winning momentum is further evidenced by recent polling in both Florida and Pennsylvania, two states that Barack Obama took during the last two election cycles. Trump has placed those critical states back in play for Republicans, and internal polling suggests that again, momentum is favoring him in both states, a fact that will require Team Clinton to spend millions more trying to capture that which they felt certain to win just a few months earlier.

Further worsening the Trump Bump fears is the even more recent revelations concerning how the DNC conspired during the primary elections to defeat Bernie Sanders in favor of Hillary Clinton. Trump has made repeated overtures to disgruntled Sanders voters, noting how he too had to do battle with a corrupt political system run by party bosses that too often neglects the will of the people. (story continues below)

If just 20% of Sanders voters decide to get behind the insurgent Trump campaign, it could spell doom for Hillary Clinton and perhaps many more Democrats up for election as well.

Perhaps this should be the new theme song for Democrats in 2016:

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