2018 Trump List of Accomplishments
President Trump’s Accomplishments to Date: 10/12/2018
The list:
Economic Growth
• 4.2 percent growth in the second quarter of 2018.
• For the first time in more than a decade, growth is projected to exceed 3 percent over the calendar year.
Jobs
• 4 million new jobs have been created since the election, and more than 3.5 million since Trump took office.
• More Americans are employed now than ever before in our history.
• Jobless claims at lowest level in nearly five decades.
• The economy has achieved the longest positive job-growth streak on record.
• Job openings are at an all-time high and outnumber job seekers for the first time on record.
• Unemployment claims at 50 year low
• African-American, Hispanic, and Asian-American unemployment rates have all recently reached record lows.
o African-American unemployment hit a record low of 5.9 percent in May 2018.
o Hispanic unemployment at 4.5 percent.
o Asian-American unemployment at record low of 2 percent.
• Women’s unemployment recently at lowest rate in nearly 65 years.
o Female unemployment dropped to 3.6 percent in May 2018, the lowest since October 1953.
• Youth unemployment recently reached its lowest level in more than 50 years.
o July 2018’s youth unemployment rate of 9.2 percent was the lowest since July 1966.
• Veterans’ unemployment recently hit its lowest level in nearly two decades.
o July 2018’s veterans’ unemployment rate of 3.0 percent matched the lowest rate since May 2001.
• Unemployment rate for Americans without a high school diploma recently reached a record low.
• Rate for disabled Americans recently hit a record low.
• Blue-collar jobs recently grew at the fastest rate in more than three decades.
• Poll found that 85 percent of blue-collar workers believe their lives are headed “in the right direction.”
o 68 percent reported receiving a pay increase in the past year.
• Last year, job satisfaction among American workers hit its highest level since 2005.
• Nearly two-thirds of Americans rate now as a good time to find a quality job.
o Optimism about the availability of good jobs has grown by 25 percent.
• Added more than 400,000 manufacturing jobs since the election.
o Manufacturing employment is growing at its fastest pace in more than two decades.
• 100,000 new jobs supporting the production & transport of oil & natural gas.
American Income
• Median household income rose to $61,372 in 2017, a post-recession high.
• Wages up in August by their fastest rate since June 2009.
• Paychecks rose by 3.3 percent between 2016 and 2017, the most in a decade.
• Council of Economic Advisers found that real wage compensation has grown by 1.4 percent over the past year.
• Some 3.9 million Americans off food stamps since the election.
• Median income for Hispanic-Americans rose by 3.7 percent and surpassed $50,000 for the first time ever in history.
o Home-ownership among Hispanics is at the highest rate in nearly a decade.
• Poverty rates for African-Americans and Hispanic-Americans have reached their lowest levels ever recorded.
American Optimism
• Small business optimism has hit historic highs.
o NFIB’s small business optimism index broke a 35 year-old record in August.
SurveyMonkey/CNBC’s small business confidence survey for Q3 of 2018 matched its all-time high.
• Manufacturers are more confident than ever.
o 95 percent of U.S. manufacturers are optimistic about the future, the highest ever.
• Consumer confidence is at an 18-year high.
• 12 percent of Americans rate the economy as the most significant problem facing our country, the lowest level on record.
• Confidence in the economy is near a two-decade high, with 51 percent rating the economy as good or excellent.
American Business
• Investment is flooding back into the United States due to the tax cuts.
o Over $450 billion dollars has already poured back into the U.S., including more than $300 billion in the first quarter of 2018.
• Retail sales have surged. Commerce Department figures from August show that retail sales increased 0.5 percent in July 2018, an increase of 6.4 percent from July 2017.
• ISM’s index of manufacturing scored its highest reading in 14 years.
• Worker productivity is the highest it has been in more than three years.
• Steel and aluminum producers are re-opening.
• Dow Jones Industrial Average, S&P 500, and NASDAQ have all notched record highs.
o Dow hit record highs 70 times in 2017 alone, the most ever recorded in one year.
Deregulation
• Achieved massive deregulation at a rapid pace, completing 22 deregulatory actions to every one regulatory action during his first year in office.
• Signed legislation to roll back costly and harmful provisions of Dodd-Frank, providing relief to credit unions, and community and regional banks.
• Federal agencies achieved more than $8 billion in lifetime net regulatory cost savings.
• Rolled back Obama’s burdensome Waters of the U.S. rule.
• Used the Congressional Review Act to repeal regulations more times than in history.
Tax Cuts
• Biggest tax cuts and reforms in American history by signing the Tax Cuts and Jobs act into law
o Provided more than $5.5 trillion in gross tax cuts, nearly 60 percent of which will go to families.
o Increased the exemption for the death tax to help save Family Farms & Small Business.
o Nearly doubled the standard deduction for individuals and families.
o Enabled vast majority of American families will be able to file their taxes on a single page by claiming the standard deduction.
o Doubled the child tax credit to help lessen the financial burden of raising a family.
o Lowered America’s corporate tax rate from the highest in the developed world to allow American businesses to compete and win.
o Small businesses can now deduct 20 percent of their business income.
o Cut dozens of special interest tax breaks and closed loopholes for the wealthy.
• 9 in 10 American workers are expected see an increase in their paychecks thanks to the tax cuts, according to the Treasury Department.
• More than 6 million of American workers have received wage increases, bonuses, and increased benefits thanks to tax cuts.
• Over 100 utility companies have lowered electric, gas, or water rates thanks to the Tax Cuts and Jobs Act.
• Ernst & Young found 89 percent of companies planned to increase worker compensation thanks to the Trump tax cuts.
• Established opportunity zones to spur investment in left behind communities.
Worker Development
• Established a National Council for the American Worker to develop a national strategy for training and retraining America’s workers for high-demand industries.
• Employers have signed Trump’s “Pledge to America’s Workers,” committing to train or retrain more than 4.2 million workers and students.
• Signed the first Perkins CTE reauthorization since 2006, authorizing more than $1 billion for states each year to fund vocational and career education programs.
• Executive order expanding apprenticeship opportunities for students and workers.
Domestic Infrastructure
• Proposed infrastructure plan would utilize $200 billion in Federal funds to spur at least $1.5 trillion in infrastructure investment across the country.
• Executive order expediting environmental reviews and approvals for high priority infrastructure projects.
• Federal agencies have signed the One Federal Decision Memorandum of Understanding (MOU) streamlining the federal permitting process for infrastructure projects.
• Rural prosperity task force and signed an executive
The list:
Economic Growth
• 4.2 percent growth in the second quarter of 2018.
• For the first time in more than a decade, growth is projected to exceed 3 percent over the calendar year.
Jobs
• 4 million new jobs have been created since the election, and more than 3.5 million since Trump took office.
• More Americans are employed now than ever before in our history.
• Jobless claims at lowest level in nearly five decades.
• The economy has achieved the longest positive job-growth streak on record.
• Job openings are at an all-time high and outnumber job seekers for the first time on record.
• Unemployment claims at 50 year low
• African-American, Hispanic, and Asian-American unemployment rates have all recently reached record lows.
o African-American unemployment hit a record low of 5.9 percent in May 2018.
o Hispanic unemployment at 4.5 percent.
o Asian-American unemployment at record low of 2 percent.
• Women’s unemployment recently at lowest rate in nearly 65 years.
o Female unemployment dropped to 3.6 percent in May 2018, the lowest since October 1953.
• Youth unemployment recently reached its lowest level in more than 50 years.
o July 2018’s youth unemployment rate of 9.2 percent was the lowest since July 1966.
• Veterans’ unemployment recently hit its lowest level in nearly two decades.
o July 2018’s veterans’ unemployment rate of 3.0 percent matched the lowest rate since May 2001.
• Unemployment rate for Americans without a high school diploma recently reached a record low.
• Rate for disabled Americans recently hit a record low.
• Blue-collar jobs recently grew at the fastest rate in more than three decades.
• Poll found that 85 percent of blue-collar workers believe their lives are headed “in the right direction.”
o 68 percent reported receiving a pay increase in the past year.
• Last year, job satisfaction among American workers hit its highest level since 2005.
• Nearly two-thirds of Americans rate now as a good time to find a quality job.
o Optimism about the availability of good jobs has grown by 25 percent.
• Added more than 400,000 manufacturing jobs since the election.
o Manufacturing employment is growing at its fastest pace in more than two decades.
• 100,000 new jobs supporting the production & transport of oil & natural gas.
American Income
• Median household income rose to $61,372 in 2017, a post-recession high.
• Wages up in August by their fastest rate since June 2009.
• Paychecks rose by 3.3 percent between 2016 and 2017, the most in a decade.
• Council of Economic Advisers found that real wage compensation has grown by 1.4 percent over the past year.
• Some 3.9 million Americans off food stamps since the election.
• Median income for Hispanic-Americans rose by 3.7 percent and surpassed $50,000 for the first time ever in history.
o Home-ownership among Hispanics is at the highest rate in nearly a decade.
• Poverty rates for African-Americans and Hispanic-Americans have reached their lowest levels ever recorded.
American Optimism
• Small business optimism has hit historic highs.
o NFIB’s small business optimism index broke a 35 year-old record in August.
SurveyMonkey/CNBC’s small business confidence survey for Q3 of 2018 matched its all-time high.
• Manufacturers are more confident than ever.
o 95 percent of U.S. manufacturers are optimistic about the future, the highest ever.
• Consumer confidence is at an 18-year high.
• 12 percent of Americans rate the economy as the most significant problem facing our country, the lowest level on record.
• Confidence in the economy is near a two-decade high, with 51 percent rating the economy as good or excellent.
American Business
• Investment is flooding back into the United States due to the tax cuts.
o Over $450 billion dollars has already poured back into the U.S., including more than $300 billion in the first quarter of 2018.
• Retail sales have surged. Commerce Department figures from August show that retail sales increased 0.5 percent in July 2018, an increase of 6.4 percent from July 2017.
• ISM’s index of manufacturing scored its highest reading in 14 years.
• Worker productivity is the highest it has been in more than three years.
• Steel and aluminum producers are re-opening.
• Dow Jones Industrial Average, S&P 500, and NASDAQ have all notched record highs.
o Dow hit record highs 70 times in 2017 alone, the most ever recorded in one year.
Deregulation
• Achieved massive deregulation at a rapid pace, completing 22 deregulatory actions to every one regulatory action during his first year in office.
• Signed legislation to roll back costly and harmful provisions of Dodd-Frank, providing relief to credit unions, and community and regional banks.
• Federal agencies achieved more than $8 billion in lifetime net regulatory cost savings.
• Rolled back Obama’s burdensome Waters of the U.S. rule.
• Used the Congressional Review Act to repeal regulations more times than in history.
Tax Cuts
• Biggest tax cuts and reforms in American history by signing the Tax Cuts and Jobs act into law
o Provided more than $5.5 trillion in gross tax cuts, nearly 60 percent of which will go to families.
o Increased the exemption for the death tax to help save Family Farms & Small Business.
o Nearly doubled the standard deduction for individuals and families.
o Enabled vast majority of American families will be able to file their taxes on a single page by claiming the standard deduction.
o Doubled the child tax credit to help lessen the financial burden of raising a family.
o Lowered America’s corporate tax rate from the highest in the developed world to allow American businesses to compete and win.
o Small businesses can now deduct 20 percent of their business income.
o Cut dozens of special interest tax breaks and closed loopholes for the wealthy.
• 9 in 10 American workers are expected see an increase in their paychecks thanks to the tax cuts, according to the Treasury Department.
• More than 6 million of American workers have received wage increases, bonuses, and increased benefits thanks to tax cuts.
• Over 100 utility companies have lowered electric, gas, or water rates thanks to the Tax Cuts and Jobs Act.
• Ernst & Young found 89 percent of companies planned to increase worker compensation thanks to the Trump tax cuts.
• Established opportunity zones to spur investment in left behind communities.
Worker Development
• Established a National Council for the American Worker to develop a national strategy for training and retraining America’s workers for high-demand industries.
• Employers have signed Trump’s “Pledge to America’s Workers,” committing to train or retrain more than 4.2 million workers and students.
• Signed the first Perkins CTE reauthorization since 2006, authorizing more than $1 billion for states each year to fund vocational and career education programs.
• Executive order expanding apprenticeship opportunities for students and workers.
Domestic Infrastructure
• Proposed infrastructure plan would utilize $200 billion in Federal funds to spur at least $1.5 trillion in infrastructure investment across the country.
• Executive order expediting environmental reviews and approvals for high priority infrastructure projects.
• Federal agencies have signed the One Federal Decision Memorandum of Understanding (MOU) streamlining the federal permitting process for infrastructure projects.
• Rural prosperity task force and signed an executive
All the things you list are accomplishments of private individuals energetically producing at higher rates than they did before Trump was elected.
So while Trump has done a bit to help, he did not create one single job. He did not increase the pay of a single person- other than looters who work for the federal government and the looters who build weapons of war.
Trump did not end the theft of the Unaffordable Care Act.
While I recognize that some things are better than before Trump was elected, I give the real credit to the productive Americans did actually did create jobs.
I always had faith in the American people. President Trump gave people the power to fight.
Are you able to absorb that difference?
The so called accomplishments occurred while Trump has been President, but they are not all because of him.
Nonetheless, his efforts at getting the government out of the way has led to an increase in activity in many sectors.
Some credit to the Pres, some to Congress and most to the many people who have contributed to the above list.
That's my point, DeanFL. Thanks for stating it better than I did. Overwhelmingly credit should go to those produced more and hired more after the burden of government was slightly lifted. We shouldn't let government take credit for what is done by honest productive people who are slightly less burdened by government than under Obama, Bush, and Clinton. If only the bureaucrats and unthinking liberals could overcome their biases and recognize the overwhelming advantages of free markets and free people.
All credit goes to the President.
The reason is this: yes, many people contributed to the success. But the motivation and drive they are doing it comes from the man above. We tagged alone slowly even under Hussein because the inner drive in every single individual prevailed, despite of all the chains forced on by Hussein.
When this impediment is removed the human creative spirit and drive soars, resulting in growth and positive energy.
Think about it. It is like this: when you have a great boss who inspires and motivates you, you perform orders of magnitude better than under a dictatorial maniac whose only goal is to advance his career.
But clearly you sound like Obama when he said "You did not build that".
Obama was denigrating all production when he said that. He was saying that producers are looters who steal, not create or produce. In my post it is obvious I am saying the opposite of what Obama said. From my post: "All the things you list are accomplishments of private individuals energetically producing"
Obama was accusing others of what he was guilty of doing and that has been a tactic of evil people for centuries.
Perhaps I could have been clearer in my post than I was. Your reply appears to conclude that I was attacking Trump, and that was not my intent.
I know you have read some of my earlier posts. I think it is pretty clear in them that I favor free markets and individual liberty, and despise all meddling by government beyond the stated powers granted and limited under the constitution (although I admit I have on occasion included some sarcastic posts;^)
Overwhelmingly credit should go to those in private ventures who produced more and hired more after the burden of government was slightly lifted since Trump was elected. We shouldn't let government take credit for what is done by honest productive people who are slightly less burdened by government than under Obama, Bush, and Clinton. Government has been taking credit for the production of others for at least a century and we should not encourage it even under Trump's administration.
I gave Trump credit for slightly reducing the burden on individuals ("Trump has done a bit to help"), not for creating jobs.
Did trump expand the economy? Not really- the people did when he got the government out of their way
It is nonsensical because Hussein trivialized the individual drive to build a company, for example. He has never done that, in fact he did not have an honest job in his life, so he never understood what was involved.
Hussein would have said about Rearden that he never built his metal company, or about Rourke that he never designed/built a building.
The statement is dangerous because it turns the logic of life upside down. The "others" (the looters) become more significant than the builders.
I remember so well when I started to build my own business, how many times I was told I couldn't do it. I was fortunate that I had learned enough from others (Trump) to not listen to the naysayers (Obama). Did they have a bearing on the outcome of my business, and whether it was negative (Obama) or positive (Trump), can they take responsibility for the outcome?
I had it for 20 years, sold it right around the time Obama was coming into office, it failed 2-1/2 years later. Who's to blame?
Trump's administration has passed trillion dollar spending bill, regulating immigration and trade at levels higher than even Obama and has engaged in pretty serious acts of appeasement in terms of foreign policy as we saw with NK and Russia.
Also not to mention that there has been no repeal of Obamacare or re-opening of investigation into Hillary. In fact the Trump DoJ only seems to be investigating Trump over nonsense, while actual crooks are on TV selling their books.
Sorry, I know everyone wants Trump to be some turning of the tide, but in reality what we have is a third Obama term, only more left wing and far less competent at the basics of government.
In some ways Trump's administration has not changed the policies of Obama's administration. However, the CINO majority controlled con-gress (opposed at every opportunity by Democrat socialists who control 49% in the Senate and 45% in the House), supposedly more "competent at the basics of government" to use your words, did not do what the Trump administration asked in many cases including the Unaffordable Care bill.
In addition, there is evidence that a significant number of bureaucrats in the administration are actively opposing Trump's policies.
Calling the Trump administration "more left wing" and referring to it as "a third Obama term" without evidence is a completely un-objectivist, biased conclusion and is not "painting an accurate picture."
Trump did what he could but was obstructed in every way possible. Washington is certainly a cesspool of special self interests
I do think trump said what a lot of people were thinking. I would hope this promotes more intellectually consistent objectivist thinking
I love the book by dinesh D’Souza on the subject of how the liberals rewrote history of slavery and it’s relation to the founding of the USA. Opened ny eyes to be sure
Well, that's the kind of pragmatism that prevents any long term alternative to the left from ever coming along, so no I wouldn't agree. It's a bad and left wing administration and should be regarded as such. That's just the fact of it.
"Calling the Trump administration "more left wing" and referring to it as "a third Obama term" without evidence is a completely un-objectivist, biased conclusion and is not "painting an accurate picture.""
Except I provided the evidence.
You are surely off your rocker.