President Donald Trump is making the American economy great again.
The American economy is booming, and just to add to the winning: the number of Americans collecting unemployment checks fell to the single lowest it has been in 17 years. That makes it the lowest number this century.
Put that in your legacy and smoke it, Obama.
The government reported Thursday that the last time unemployment offices sent out so few check was in April of 2000.
That’s a long time ago. I mean, people have been born and lived long enough to get drivers licenses between such times of economic prosperity.
According to a statement released by the Department of Labor: “The advance number for seasonally adjusted insured unemployment during the week ending April 8 was 1,979,000, a decrease of 49,000 from the previous week’s unrevised level of 2,028,000.
“This is the lowest level for insured unemployment since April 15, 2000, when it was 1,962,000. The 4-week moving average was 2,023,500, a decrease of 2,000 from the previous week’s unrevised average of 2,025,500. This is the lowest level for this average since June 17, 2000, when it was 2,016,750.”
Stephen Stanley, chief economist at Amherst Pierpont Securities, backed the data, claiming that there was a “steady downtrend in place in the pace of layoffs,” according to Market Watch.
And that’s exactly the kind of trend we wanted when we voted Donald Trump into office. After eight years of President Barack Obama’s liberal (read: nonsensical) economic policies, we needed economic prosperity and strong leadership.
Even more than that, perhaps, we needed predictability. American businesses never knew what regulation the Obama administration would hit them with next or how it would impact their companies’ operations. Trump has already rolled back some of that regulatory burden, and he has promised more to come.
The American economy is getting just what it needs from the Trump presidency — in spades — and we couldn’t be happier.
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