{"id":32194,"date":"2017-12-19T14:33:09","date_gmt":"2017-12-19T19:33:09","guid":{"rendered":"http:\/\/www.rightwinggranny.com\/?p=32194"},"modified":"2017-12-19T14:33:10","modified_gmt":"2017-12-19T19:33:10","slug":"what-economic-equality-really-looks-like","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=32194","title":{"rendered":"What Economic Equality Really Looks Like"},"content":{"rendered":"<p>Today <a href=\"http:\/\/www.breitbart.com\/big-government\/2017\/12\/19\/nolte-7-facts-trumps-economy-media-dont-want-know\/\" target=\"_blank\" rel=\"noopener\">Breitbart<\/a> posted an article about aspects of the Trump economy that have not been widely reported.<\/p>\n<p>The article cites 7 economic facts:<\/p>\n<ol>\n<li><strong><a class=\"x5l\" href=\"https:\/\/www.washingtonpost.com\/politics\/jobless-rate-for-recent-veterans-jumps-but-its-good-news\/2017\/12\/08\/55ab623a-dc42-11e7-a241-0848315642d0_story.html?utm_term=.2f81148c8918\" target=\"_blank\" rel=\"noopener external\">Latino Unemployment Hits Record Low<\/a><\/strong><\/li>\n<li><strong><a class=\"x5l\" href=\"https:\/\/www.cnsnews.com\/news\/article\/michael-w-chapman\/black-unemployment-rate-lowest-17-years\" target=\"_blank\" rel=\"noopener external\">Black Unemployment Rate Hits 17-Year Low<\/a><\/strong><\/li>\n<li><strong><a href=\"http:\/\/www.breitbart.com\/big-government\/2017\/12\/18\/soaring-economic-enthusiasm-boosts-trumps-approval-rating\/\">Real Economic Growth<\/a><\/strong><\/li>\n<li><strong><a href=\"http:\/\/www.breitbart.com\/big-government\/2017\/12\/18\/soaring-economic-enthusiasm-boosts-trumps-approval-rating\/\">Soaring Economic Optimism<\/a><\/strong><\/li>\n<li><strong><a class=\"x5l\" href=\"http:\/\/fortune.com\/2017\/12\/18\/stock-market-record-highs\/\" target=\"_blank\" rel=\"noopener external\">Booming Stock Market<\/a><\/strong><\/li>\n<li><strong><a class=\"x5l\" href=\"https:\/\/www.cnsnews.com\/news\/article\/susan-jones\/unemployment-rate-stays-17-year-low-228000-jobs-added-november\" target=\"_blank\" rel=\"noopener external\">Unemployment Rate Hits 17-Year Low<\/a><\/strong><\/li>\n<li><strong><a class=\"x5l\" href=\"http:\/\/www.thegatewaypundit.com\/2017\/12\/flashback-obama-says-manufacturing-jobs-arent-coming-back-trump-sets-record-highest-number-new-manufacturing-jobs-month-ever\/\" target=\"_blank\" rel=\"noopener external\">Manufacturing Jobs Boom<\/a><\/strong><\/li>\n<\/ol>\n<p>Regardless of his imperfections, <a class=\"zem_slink\" title=\"Donald Trump\" href=\"http:\/\/en.wikipedia.org\/wiki\/Donald_Trump\" target=\"_blank\" rel=\"noopener wikipedia\">Donald Trump<\/a> is a businessman. He understands how money works and how <a class=\"zem_slink\" title=\"Economy\" href=\"http:\/\/en.wikipedia.org\/wiki\/Economy\" target=\"_blank\" rel=\"noopener wikipedia\">economies<\/a> work. His knowledge (and common sense on the part of many of the people around him) have turned around our economy.<\/p>\n<p>The article reminds us:<\/p>\n<p style=\"padding-left: 30px;\"><strong>After an unexpectedly high <a class=\"zem_slink\" title=\"Economic growth\" href=\"http:\/\/en.wikipedia.org\/wiki\/Economic_growth\" target=\"_blank\" rel=\"noopener wikipedia\">growth rate<\/a> of 3.3 percent in the third quarter of 2017 (and that is with two devastating hurricanes), projections for the fourth quarter have edged into the magic number of 4 percent.<\/strong><\/p>\n<p style=\"padding-left: 30px;\"><strong>&#8230;So far in 2017, a full 171,000 manufacturing jobs have been created. Moreover, the manufacturing <a class=\"zem_slink\" title=\"Unemployment\" href=\"http:\/\/en.wikipedia.org\/wiki\/Unemployment\" target=\"_blank\" rel=\"noopener wikipedia\">unemployment rate<\/a> is just 2.6 percent, the <a class=\"x5l\" href=\"https:\/\/finance.yahoo.com\/news\/manufacturing-unemployment-record-low-193249392.html\" target=\"_blank\" rel=\"noopener external\">lowest ever recorded<\/a>.<\/strong><\/p>\n<p>In July 2013, <a href=\"https:\/\/www.cnsnews.com\/news\/article\/1-average-annual-economic-growth-under-obama\" target=\"_blank\" rel=\"noopener\">CNS News<\/a> reported:<\/p>\n<p style=\"padding-left: 30px;\"><strong>During just the years that President Barack Obama has been in office (2009 through 2012), average annual growth in real GDP has been only 1.075 percent.<\/strong><\/p>\n<p style=\"padding-left: 30px;\"><strong>The 1.075 percent average annual growth in real GDP under Obama equals less than a third (31.57 percent) of the 3.405 percent average annual growth in real GDP the United States saw in the last two decades of the last century.<\/strong><\/p>\n<p style=\"padding-left: 30px;\"><strong>The 1.775 percent average annual growth of GDP in the twelve years since the beginning of this century, equals only 52 percent of the 3.405 percent average annual growth in real GDP the country saw in the last two decades of the last century.<\/strong><strong>\u00a0<\/strong><\/p>\n<p style=\"padding-left: 30px;\"><strong>In the first two quarters of this year, the beginning of President Obama&#8217;s second term, real GDP has grown at an annualized rate of 1.1 percent and 1.7 percent.<\/strong><\/p>\n<p>In October 2017, <a href=\"https:\/\/www.thebalance.com\/u-s-gdp-growth-3306008\" target=\"_blank\" rel=\"noopener\">The Balance<\/a> posted a chart showing GDP growth by year. This is a portion of that chart:<\/p>\n<p><a href=\"https:\/\/www.rightwinggranny.com\/wp-content\/uploads\/2017\/12\/GDP2008through2017a.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-32196\" src=\"https:\/\/www.rightwinggranny.com\/wp-content\/uploads\/2017\/12\/GDP2008through2017a.png\" alt=\"\" width=\"683\" height=\"82\" srcset=\"https:\/\/www.rightwinggranny.com\/wp-content\/uploads\/2017\/12\/GDP2008through2017a.png 683w, https:\/\/www.rightwinggranny.com\/wp-content\/uploads\/2017\/12\/GDP2008through2017a-300x36.png 300w, https:\/\/www.rightwinggranny.com\/wp-content\/uploads\/2017\/12\/GDP2008through2017a-500x60.png 500w\" sizes=\"auto, (max-width: 683px) 100vw, 683px\" \/><\/a> <a href=\"https:\/\/www.rightwinggranny.com\/wp-content\/uploads\/2017\/12\/GDP2008through2017b.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-32197\" src=\"https:\/\/www.rightwinggranny.com\/wp-content\/uploads\/2017\/12\/GDP2008through2017b.png\" alt=\"\" width=\"677\" height=\"764\" srcset=\"https:\/\/www.rightwinggranny.com\/wp-content\/uploads\/2017\/12\/GDP2008through2017b.png 677w, https:\/\/www.rightwinggranny.com\/wp-content\/uploads\/2017\/12\/GDP2008through2017b-266x300.png 266w\" sizes=\"auto, (max-width: 677px) 100vw, 677px\" \/><\/a>Leadership and economic policy matter.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Today Breitbart posted an article about aspects of the Trump economy that have not been widely reported. The article cites 7 economic facts: Latino Unemployment Hits Record Low Black Unemployment Rate Hits 17-Year Low Real Economic Growth Soaring Economic Optimism &hellip; <a href=\"https:\/\/www.rightwinggranny.com\/?p=32194\">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":[97,3357,401,3238],"class_list":["post-32194","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-barack-obama","tag-donald-trump","tag-economic-growth","tag-economy-of-the-united-states"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/32194","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=32194"}],"version-history":[{"count":2,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/32194\/revisions"}],"predecessor-version":[{"id":32198,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/32194\/revisions\/32198"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}