A Picture Of The Obvious

Yesterday The Washington Examiner posted an article about the media’s coverage of President Trump as compared to previous Presidents.

The graph below is from the article:


On November 23,  The National Review posted a list of some of President Trump’s accomplishments as of Thanksgiving:

The Dow Jones Industrial Average, NASDAQ, and S&P 500 all hit record highs on Tuesday. The Wilshire 5000 Index calculates that some $3.4 trillion in new wealth has been created since President Trump’s inauguration and $5.4 trillion since his election. Fueled by the reality of deregulation, expectations of lower taxes, and a new tone in Washington that applauds free enterprise rather than excoriate it, the economy is on fire. 

Atop the second quarter’s 3.1 percent increase in real GDP, and 3.0 in 3Q, the New York Federal Reserve Bank predicts that 4Q output will expand by 3.8 percent. This far outpaces the feeble average-annual GDP growth rate of 1.5 percent on President Obama’s watch. Meanwhile, the IMF expects global GDP to rise by 3.5 percent this year. So much for a Trump-inspired “global recession.”

Unemployment is at 4.1 percent, a 17-year low. New unemployment claims in September were at their most modest since 1974. Goldman Sachs on November 20 “lowered our unemployment rate forecast to 3.7 percent by end-2018 and 3.5 percent by end-2019.” According to the Wall Street powerhouse’s chief economist Jan Hatzius, “Such a scenario would take the U.S. labor market into territory almost never seen outside of a major wartime mobilization.”

American companies have been expanding operations here rather than shipping jobs overseas. Corning, for instance, announced a $500 million investment in new U.S. production, launching 1,000 positions. 

Foreign firms have been unveiling facilities and creating jobs in America. Insourcing is now a thing. Taiwan’s Foxconn will spend $10 billion on a new Wisconsin electronics plant with 3,000 new employees. During Trump’s recent visit to China, Beijing agreed to invest $84 billion in new energy projects in West Virginia.

Add to that the future impact of the tax cuts and the repeal of the ObamaCare mandate, and most Americans will be better off next year than they have been for a number of years. To paraphrase a recent campaign slogan, “Are you better off now than you were before President Trump took office?” Hopefully enough people will answer that question honestly before they vote in the mid-term elections.

At some point Americans who depend on the mainstream media for their news are going to look at the contrast between what they are being told and what they actually see. That may be the end of the mainstream media.

How Is He Doing?

Today The Gateway Pundit posted an evaluation of President Trump’s first five months in office. The evaluation will come as a shock to anyone who watches the mainstream media, but to those Americans who do their own research, the results are not surprising.

The article reports President Trump’s impact on the Stock Market:

* The DOW daily closing stock market average has risen 17% since the election on November 8th. (On November 9th the DOW closed at 18,332 – on June 16th the DOW closed at 21,384 for another all time record closing high).
* Since the Inauguration on January 20th the DOW is up 8%. (It was at 19,827 at January 20th.)
* The DOW took just 66 days to climb from 19,000 to above 21,000, the fastest 2,000 point run ever. The DOW closed above 19,000 for the first time on November 22nd and closed above 21,000 on March 1st.
* The DOW closed above 20,000 on January 25th and the March 1st rally matched the fastest-ever 1,000 point increase in the DOW at 24 days.
* On February 28th President Trump matched President Reagan’s 1987 record for most continuous closing high trading days when the DOW reached a new high for its 12th day in a row!
* The S&P 500 and the NASDAQ have both set new all-time highs during this period.
* The US Stock Market gained $2 trillion in wealth since Trump was elected!
* The S&P 500 also broke $20 Trillion for the first time in its history.

So how does this compare with President Obama’s first few months? The stock markets under President Obama moved in the exact opposite direction in the seven months after President Obama’s election win in November 2008.

The article then reminds us of the impact President Trump has had on the national debt:

President Trump has also had a positive impact on the overall economic outlook:

Economic Outlook

The US Manufacturing Index soared to a 33 year high in February 2017 shortly after President Trump was sworn into office. The index reached 43 in February which was the best outlook since 1983 under President Reagan.

In Obama’s first five months in office (January through May of 2009) the best manufacturing index activity rating was a negative -22.

The difference here is greater than 50% with Obama again in the wrong direction.

It is time to leave this man alone and let him do his job. Even with the garbage that is being thrown at him, he is accomplishing things that need to be accomplished. Please follow the link to The Gateway Pundit article to see the entire list of achievements since January.