OPINION - EDITORIAL
Remember the policies giving America sustained and deep economic growth
By Post Editorial Board
July 1, 2019 | 8:04pm | Updated
President Donald Trump
AP
President Trump has now gotten the US economic expansion to outlast any other in modern history.
As of Monday, growth has rolled along for 121 months straight, starting in June 2009. The now-second-longest expansion ran from March 1991 to March 2001. The new record is also over twice the 58 months of the average expansion since 1980.
All of which means that, even with the weakness of the growth for most of the Obama era, the economy was overdue for a dip when Trump took office. Yet it has instead remained pretty strong, expanding 2.9% in 2018 and at an annual 3.1% for the first quarter of 2019.
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READ MORE: https://nypost.com/2019/07/01/remember-the-policies-giving-america-sustained-and-deep-economic-growth/
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Blue-collar employment is also up big since January 2017: 657,000 new construction jobs and 484,000 more in manufacturing. And joblessness among blacks fell from 7.7% in January 2017 to 6.2% in May.
Nothing lasts forever, but when the economy does finally turn south, it’s well worth remembering which policies delivered the record results.
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Chân thành cám ơn Quý Anh Chị ghé thăm "conbenho Nguyễn Hoài Trang Blog"
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Kính chúc Sức Khỏe Quý Anh Chị .
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