Okay, let’s get serious about the political hype and put aside the stories of Russian collusion and sexual harassment nonsense the Democrats are hoping will distract people from the hard facts of where our country’s economy is now and where it’s coming from. The one question asked by President Ronald Reagan in his 1980 debate with Jimmy Carter (and is just as applicable now): Are you better off today than you were a year ago?
U.S. GDP has topped 3% for the last two quarters of 2017 and on the way to as good first quarter for 2018, a sure signal we’re finally on the right path. American businesses have created more than 1.7 million new jobs, including almost 160,000 manufacturing jobs and another 58,000 in mining and logging. The unemployment rate of 4.1% is the lowest mark in 17 years, though there are still many Americans who had to take subsistence jobs or had given up on looking for work over the previous eight years. The unemployment figure now for African Americans is 6.8%, the lowest since 1972, and Hispanic Americans unemployment is also at its lowest levels.