{"id":30844,"date":"2017-05-20T11:35:38","date_gmt":"2017-05-20T15:35:38","guid":{"rendered":"http:\/\/www.rightwinggranny.com\/?p=30844"},"modified":"2017-05-20T11:36:30","modified_gmt":"2017-05-20T15:36:30","slug":"a-quick-summary-of-the-trump-economy","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=30844","title":{"rendered":"A Quick Summary Of The Trump Economy"},"content":{"rendered":"<p>Elections have consequences. Thank goodness that one of the consequences of the <a class=\"zem_slink\" title=\"United States presidential election, 2016\" href=\"http:\/\/en.wikipedia.org\/wiki\/United_States_presidential_election%2C_2016\" target=\"_blank\" rel=\"wikipedia noopener noreferrer\">2016 presidential election<\/a> is a rollback of some of the regulations that were crippling the American economy. <a href=\"http:\/\/www.thegatewaypundit.com\/2017\/05\/after-comparison-of-first-4-months-in-office-president-trumps-economy-thumps-president-obamas\/\" target=\"_blank\" rel=\"noopener noreferrer\">The Gateway Pundit<\/a> has a summary of what has happened to the <a class=\"zem_slink\" title=\"Economy of the United States\" href=\"http:\/\/en.wikipedia.org\/wiki\/Economy_of_the_United_States\" target=\"_blank\" rel=\"wikipedia noopener noreferrer\">American economy<\/a> under President Trump:<\/p>\n<p style=\"padding-left: 30px;\"><strong> The DOW daily closing stock market average has risen\u00a0nearly\u00a014% since the election on November 8th. (On November 9th the <a href=\"https:\/\/www.google.com\/finance\/historical?cid=983582&amp;startdate=Nov%209%2C%202016&amp;enddate=May%2013%2C%202017&amp;num=30&amp;ei=R-0WWaDIHIqC0gSMiayoCQ&amp;start=0\">DOW closed at 18,332<\/a> \u2013 on May 19th the DOW closed at 20,804).<\/strong><br \/>\n<strong> * Since the Inauguration on January 20th the DOW is up 5%. (It was at 19,827 at January 20th.)<\/strong><br \/>\n<strong> * The DOW took just 66 days to climb from 19,000 to above 21,000, the <a href=\"http:\/\/blogs.wsj.com\/moneybeat\/2017\/03\/01\/for-the-dow-industrials-2000-is-the-new-1000\/\"><u>fastest 2,000 point run ever<\/u><\/a>. The DOW closed above 19,000 for the first time on November 22nd and closed above 21,000 on March 1st.<\/strong><br \/>\n<strong> * The DOW closed above 20,000 on January 25th and the March 1st rally <a href=\"http:\/\/www.marketwatch.com\/story\/dow-tops-21000-in-intraday-tradeon-pace-for-second-fastest-milestone-in-history-2017-03-01\"><u>matched the fastest-ever 1,000 <\/u><\/a>point increase in the DOW at 24 days.<\/strong><br \/>\n<strong>\u00a0*\u00a0On February 28th <a href=\"http:\/\/www.thegatewaypundit.com\/2017\/02\/dow-hits-another-record-high-consecutive-daily-time-high-greatest-rally-ever\/\"><u>President Trump matched President Reagan\u2019s 1987 record<\/u><\/a> for most continuous closing high trading days when the<em> DOW reached a new high for its 12th day in a row!<\/em><\/strong><br \/>\n<strong> * The <a>S&amp;P 500 and the NASDAQ<\/a> have both set new all-time highs during this period.<\/strong><br \/>\n<strong> * The <a class=\"zem_slink\" title=\"United States\" href=\"http:\/\/maps.google.com\/maps?ll=38.8833333333,-77.0166666667&amp;spn=0.1,0.1&amp;q=38.8833333333,-77.0166666667 (United%20States)&amp;t=h\" target=\"_blank\" rel=\"geolocation noopener noreferrer\">US<\/a> Stock <a href=\"http:\/\/www.thegatewaypundit.com\/2017\/01\/winning-economist-says-stock-market-gained-2t-wealth-since-trump-elected\/\"><u>Market gained $2 trillion <\/u><\/a>in wealth since Trump was elected!<\/strong><br \/>\n<strong> * The <a href=\"http:\/\/www.reuters.com\/article\/us-global-markets-idUSKBN15R130\"><u>S&amp;P 500 also broke $20 Trillion<\/u><\/a> for the first time in its history.<\/strong><\/p>\n<p>Somehow this news has escaped the <a class=\"zem_slink\" title=\"Mainstream media\" href=\"http:\/\/en.wikipedia.org\/wiki\/Mainstream_media\" target=\"_blank\" rel=\"wikipedia noopener noreferrer\">mainstream media<\/a>.<\/p>\n<p>The article also includes the following:<\/p>\n<p><a href=\"https:\/\/www.rightwinggranny.com\/wp-content\/uploads\/2017\/05\/DebtUnderTrump.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-30845\" src=\"https:\/\/www.rightwinggranny.com\/wp-content\/uploads\/2017\/05\/DebtUnderTrump.png\" alt=\"\" width=\"628\" height=\"483\" srcset=\"https:\/\/www.rightwinggranny.com\/wp-content\/uploads\/2017\/05\/DebtUnderTrump.png 628w, https:\/\/www.rightwinggranny.com\/wp-content\/uploads\/2017\/05\/DebtUnderTrump-300x231.png 300w, https:\/\/www.rightwinggranny.com\/wp-content\/uploads\/2017\/05\/DebtUnderTrump-390x300.png 390w\" sizes=\"auto, (max-width: 628px) 100vw, 628px\" \/><\/a>The article goes on to list job statistics and home sales statistics. I strongly suggest that you follow the <a href=\"http:\/\/www.thegatewaypundit.com\/2017\/05\/after-comparison-of-first-4-months-in-office-president-trumps-economy-thumps-president-obamas\/\" target=\"_blank\" rel=\"noopener noreferrer\">link<\/a> to read the entire article.<\/p>\n<p>The article concludes:<\/p>\n<p style=\"padding-left: 30px;\"><strong>In Summary<\/strong><\/p>\n<p style=\"padding-left: 30px;\"><em><strong>President Obama left President Trump with a weak economy and all sorts of\u00a0domestic and foreign policy nightmares.\u00a0\u00a0<\/strong><\/em>To date President Trump has had little time to address all of these messes but\u00a0if he handles these as well as he has the economy <a class=\"zem_slink\" title=\"Americans\" href=\"http:\/\/en.wikipedia.org\/wiki\/Americans\" target=\"_blank\" rel=\"wikipedia noopener noreferrer\">Americans<\/a> will soon be in a much better and safer place.<\/p>\n<p style=\"padding-left: 30px;\"><em><strong>Overall based on the above data it is clear that President Trump is doing a solid, if not excellent job.<\/strong><\/em><\/p>\n<h4 style=\"padding-left: 30px;\"><em>The mainstream liberal media won\u2019t report this, but when looking at the economy, President Trump the businessman thumps the former community organizer <a class=\"zem_slink\" title=\"WhiteHouse.gov\" href=\"http:\/\/www.whitehouse.gov\" target=\"_blank\" rel=\"homepage noopener noreferrer\">Barack Obama<\/a>.<\/em><\/h4>\n<p>Despite what the media is telling us, this does not sound like a <a class=\"zem_slink\" title=\"White House\" href=\"http:\/\/en.wikipedia.org\/wiki\/White_House\" target=\"_blank\" rel=\"wikipedia noopener noreferrer\">White House<\/a> in chaos. It sounds like a White House that is getting the country back on a solid economic footing despite tremendous opposition from the media.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elections have consequences. Thank goodness that one of the consequences of the 2016 presidential election is a rollback of some of the regulations that were crippling the American economy. The Gateway Pundit has a summary of what has happened to &hellip; <a href=\"https:\/\/www.rightwinggranny.com\/?p=30844\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[9804,3357,10837,10836,4490,297,211],"class_list":["post-30844","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-american-economy","tag-donald-trump","tag-housing-sales","tag-national-debt","tag-president-of-the-united-states","tag-unemployment","tag-white-house"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/30844","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30844"}],"version-history":[{"count":2,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/30844\/revisions"}],"predecessor-version":[{"id":30847,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/30844\/revisions\/30847"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30844"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30844"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}