The American Dream has awakened from its slumber. Last Friday the US Bureau of Economic Analysis relased it’s quarterly report on Gross Domestic Product. The US economy grew at a quarterly rate of 4.1 percent in the period of April through June of 2018. The United States is on track to hit economic growth that it hasn’t seen in over a decade.
Much of the credit for this growth goes to President Trump. His aggressive cuts in the stranglehold of federal regulations along with the tax cuts passed by Congress just before last Christmas were the wakeup calls for the American dream.
Money held by American companies with overseas operations was not coming back to the United States because of the high tax penalties associated with bringing the money back. Now that money is starting to come back. It is being invested here in America and it is creating jobs.
Unemployment has plumeted to 3.8 percent. This is the lowest unemployment percentage in 18 years. African-American unemployment is at historic low levels.
This is significant because, even though the Democrat party does not want to believe it, there were a lot of African-Americans who voted for Trump because of the hope of jobs in the private sector. Eight years of Barack Obama and nearly half a century of Democrat class warfare have proven to be empty rhetoric.
Trump asked, “What do you have to lose?” Many took his offer. Now they see real results. The so called “spokesmen” who continue to spew class warfare and play the race card represent a continually shrinking percentage of the African-American voters who buy in to the blame game.
For the first time ever, job openings exceed the number of people seeking work. Small business optimism is up. Manufacturing optimism is up. Over 95 percent of manufacturers in a quartery outlook survey said that they have a positive outloook.
How did this radical shift take place? President Trump took an aggressive, common sense, approach to freeing the private sector and especially the average American. For too long, Washington operated in a vacum that was filled by lobbyists and politicians who swallowed the lure of money and prestige.
A thirst for position and influence may have started as a desire to better serve the people back home. Over time; however, the focus shifted from the people who elected them to the people they met with, dined with, and listened to every day inside the beltway.
Money is the addictive drug of influence peddlers in DC. President Trump does not need it and will not take it.
He also broke the mold by refusing to cower before the Democrats in Congress. He proved that they were more bark than bite. I am cautiously optimistic that Republicans in Congress will finally do the same.
The American dream has been awakened from its slumber. Now the American people must stay alert and keep the dream growing. We cannot afford to hit the snooze button.
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