Calendar

Trump’s Triumphs: The Economy

TrumpBy Loraine Aceto

President Donald J. Trump, USA’s 45th president has been winning even more for America ever since he has been elected! Next to Washington, Reagan and Nixon, he has been one of the best presidents of America! There are numerous mechanisms to provide evidence that Trump has been victoriously winning, but how so? Here are Trump’s triumphs.

According to the Bureau of Labor Statistics website, “The unemployment rate declined to 3.7 percent in September, and total nonfarm payroll employment increased by 134,000.” If we look at the unemployment rate at time of Obama’s presidency, according to the Bureau of Labor Statistics government website, it was 10.0 percent in December, 2010! Specifically it was worse for African Americans; the unemployment rate for that ethnic group especially reached 16.1 percent!

On the contrary, Trump has been “Making America Great Again” for all Americans. The labor force statistics from the current population survey by the BLS provide the following information: Asians ages 65 and over have a 0.9 percent unemployment rate. Asians ages 35 to 44 and 55 to 64 years have an unemployment rate of 2.1percent unemployment rate. Asians 16 years old and over in general have a 3.3 percent unemployment rate, and Asian Women ages 65 and older have an unemployment rate of 0.6 percent. Asian Women 16 years old and older in general have a 3.1 percent unemployment rate. This finding holds so much hope for “Making America Great Again,” personally for me, and is very near and dear to my heart as an American citizen of mixed Eurasian (Filipino, Scottish, Italian, Spanish, Tibetan) ethnic descent.

One of the many reasons I love America is that we are a nation of immigrants. We are the melting pot of the world. As Americans we all have different ethnic backgrounds, and if the economy is growing for all hard-working Americans regardless of race, I don’t see anything to complain about or say I’m oppressed. Because I’m not treated any different based on the color of my skin by experience, by the data provided, and by any current law. No law says I am not allowed to vote, drive, speak, study, or satisfy my basic desires and needs because of the color of my skin. That would be oppression — the same for any race.

And thank God we don’t have such laws anymore, especially targeting people of color. If we were really oppressed because of our race, only white people would be allowed in America or be allowed to do activities other races couldn’t — but if you look at all Americans, we are not all completely white, so that would be impossible! We would not be here in that case. None of us would.

BLS research shows, in fact, that Asian Men 16 years and older actually hold a higher unemployment rate than women (but still strikingly low), at 3.4 percent.

Near and dear to my heart since I have multiple great friends of color, the unemployment rate among African-Americans is at 6.5 percent. That is less than half now the rate during Obama’s time! Colored women ages 25 years old and older and 25 to 54 years old have reached a 5.4 percent unemployment rate. Things are even better for Americans of color than ever before. Women of color from ages 45 to 54 and 55 to 64 are at a 4.7 percent unemployment rate.

Similarly to Asians, findings show that black men, on the contrary, have a higher unemployment rate at 6.5 percent. Research is shown defeating the myth of the gender wage gap!

The unemployment rate for Latino or Hispanic men 16 years old or older is 3.8 percent. The best part is when Latino or Hispanic Men 45 to 55 years old are polled, they have an unemployment rate of 2.2 percent! Hispanic and Latino people 16 years old or older hold an unemployment rate of 4.5 percent!

And for white people, the unemployment rate holds about the same as for Asians. Food for thought: That’s equality. Another finding relating to the heroes of America: “Veterans with a service-connected disability had an unemployment rate of 4.3 percent in August 2017,” the Bureau of Labor Statistics states. “In 2017, the unemployment rate of veterans varied across the country, ranging from 1.7 percent in Maine and Vermont to 7.3 percent in Rhode Island.”

According to the World Economic Forum, “The U.S. economy is back on top” — ranked the world’s most competitive economy for the first time since 2008.

Stay tuned for the next Trump’s Triumphs articles two issues from now: Trump calls the U.S. military to close our Southern Border! This will surely ensure a stop to criminal actions like slavery of illegal immigrants, human trafficking, children being sold for abuse, and drugs pouring in. Ultimately it will secure America.

And Trump’s negotiations with the North American Free Trade Agreement will result in Canada treating the U.S. fairly on trade. “U.S.-Canada NAFTA talks resumed Wednesday after the Trump administration threatened to withdraw itself from the 24-year-old trade deal, notifying Congress on Friday of its intention to enter into a trade deal with Mexico,” as Fox News reported in September.

Categories: Calendar

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s