Economic Growth In America

Yesterday Just the News posted an article about some recent comments by economist Stephen Moore.

The article reports:

As the U.S. economy rebounds following the coronavirus crisis, the last four months have produced historic levels of job creation for the U.S., economist Stephen Moore said Sunday. 

“May, June, July and August have been the four biggest months of job creation in the history of the United States. We’ve regained over 10 million jobs in four months,” Moore told John Catsimatidis’s radio program on WABC 770 AM, according to The Hill

The outlet noted that despite recent reporting that the unemployment rate has further declined it still remains much higher than it was in January.

It is going to take a while for the economy to recover from the coronavirus lockdown. It is also going to take a while to figure out whether or not the lockdown was actually effective or other actions would have been more appropriate. However, the economy is growing, and will continue to grow if President Trump is reelected. If former Vice-President Joe Biden is elected, taxes will go up, tariffs on China will go down, and economic growth will either stall or stop.