At 150 Days: President Trump Excels while GOP Congress Has Done Nothing
Guest post by Joe Hoft
Presidential candidate Donald Trump held his final campaign rally at 1am on election day November 8th, 2016 in Ann Arbor, Michigan.
At the end of his final speech candidate Trump said this –
Just imagine what our country could accomplish if we started working together as one people, under one God, saluting one American flag. I’m asking you to dream big because with your vote we are just hours away from the change you’ve been waiting for your entire life. So to every parent who dreams for their child and to every child who dreams for their future I say these words to you tonight. I am with you. I will fight for you and I will win for you. I promise.
To all Americans tonight in all of our cities and in all of our towns, I pledge to you one more time. Together we will make American wealthy again. We will make America strong again. We will make America safe again and we will make America great again!
To date President Trump is true to his campaign promises. However, Congress cannot say the same. Now as President Trump’s first 150 days in office come to an end, here is a list of his accomplishments and his resulting impact on the economy compared to the ‘Do Nothing’ Congress’s lack of getting anything done.
President Trump started off as aggressive as any President ever in working for the American people as he promised. In President Trump’s first few months since the election and since his inauguration the US Stock Markets are at record highs and millions of Americans are benefitting in their retirement savings accounts.
* Since the Inauguration on January 20th the DOW is up 8% . (It was at 19,827 at January 20th.)
* The DOW took just 66 days to climb from 19,000 to above 21,000, the fastest 2,000 point run ever. The DOW closed above 19,000 for the first time on November 22nd and closed above 21,000 on March 1st.
* The DOW closed above 20,000 on January 25th and the March 1st rally matched the fastest-ever 1,000 point increase in the DOW at 24 days.
* On February 28th President Trump matched President Reagan’s 1987 record for most continuous closing high trading days when the DOW reached a new high for its 12th day in a row!
* The S&P 500 and the NASDAQ have both set new all-time highs during this period.
* The US Stock Market gained $2 trillion in wealth since Trump was elected!
* The S&P 500 also broke $20 Trillion for the first time in its history.
As of today, President Trump decreased the US Debt since his inauguration by (-$101) Billion. (President Obama increased the US debt in his first 150 days by more than $771 Billion.)
According to the Bureau of Labor Statistics President Trump added a projected 810,000 jobs in his first five months (January through May 2017.) President Obama on the other hand lost more than 3.35 million jobs in his first five months.
Also according to the Bureau of Labor Statistics President Trump decreased unemployment every month since his inauguration (January through May 2017.) The unemployment rate in January 2017 was 4.8% and by May it was down to 4.3% . President Obama on the other hand again moved in the opposite direction. In his first five months as President the US unemployment rate increased each month from 7.8% in January 2009 to 9.4% by May of 2009.
Housing sales are red-hot in the US right now. In 2011, houses for sale were on the market an average 84 days. This year, it’s just 45 days.
According to the US Census Bureau, there were nearly twice as many US housing sales in the past couple of months as there were under President Obama in 2009 during the same time period. (The annualized housing sales rate for April 2017 is reported at 569,000 where in 2009 this amount was only 337,000.)
Decrease in Regulations
One of the first things that President Trump did in office was to reduce the number or burdensome regulations put in place during the Obama era. In January President Trump signed his 2 for 1 executive order mandating that for every new regulation, two regulations needed to be revoked. Even far left Politico notes that significant federal regulations since Trump’s inauguration have slowed to an almost total halt.
Regulations cost Americans and American companies money to implement and maintain. Reducing or halting regulations allows companies to spend their money on more prudent money making areas.
The US Manufacturing Index soared to a 33 year high in this period which were the best numbers since 1983 under President Reagan.
The Federal Reserve has increased interest rates three times since President Trump was elected into office in November. The Fed increased intereste rates only once in Obama’s 8 Years prior to the increase in December.
Illegal immigration is down 67% since President Trump’s Inauguration.
NATO announced Allied spending is up $10 Billion because of President Trump.
After being nominated by President Trump, Constitutionalist Judge Neil Gorsuch was confirmed and sworn in as Supreme Court Justice in early April.
The President has signed 130 executive orders, memoranda and proclamations as of June 18th, including:
* Dismantling Obama’s climate change initiatives.
* Travel bans for individuals from a select number of countries embroiled in terrorist autrocities.
* Enforcing regulatory reform.
* Protecting Law enforcement.
* Mandating for every new regulation to eliminate two.
* Defeating ISIS.
* Rebuilding the military.
* Building a border wall.
* Cutting funding for sanctuary cities.
* Approving pipelines.
* Reducing regulations on manufacturers.
* Placing a hiring freeze on federal employees.
* Exiting the US from the TPP.
* Strengthening US policy with Cuba.
* Implementing and American first energy policy.
In his first trip overseas President Trump met with 50 Muslim leaders in Saudi Arabia in an effort to stop terrorism. Leaders from these nations including Saudi Arabia, Jordan, Egypt and more joined President Trump in this initiative. No other US President has ever met with more Muslim nation leaders at one time. The President also met with the leader of Israel, the Pope and leaders of NATO.
The President also pointed out numerous times that the MSM (Main Stream Media) reports only on a made up Russia conspiracy story and ignores these accomplishments. These actions are making the majority of Americans aware of the tremendous bias and falsehoods emanating from the media in the US and abroad. This too is another major Trump accomplishment.
‘Do Nothing’ Congress
It’s really no surprise that the Republican Congress has done close to nothing since President Trump’s inauguration. Before the election Speaker Paul Ryan did all he could to prevent Donald Trump from being President. It was later reported how he said to fellow Republican Representatives that he would not support President Trump now or in the future.
Since President Trump’s inauguration Congress led by Ryan’s Republicans has done a horrible job. It took Congress way too long to get a bill sent to the Senate as the vote was delayed to replace Obamacare. Obamacare is still in place.
The House passed a budget to keep the government funded that gave the Democrats all they wanted and restricted any and all funding of the Trump border wall but it funded Planned Parenthood.
In late April President Trump proposed a historic tax plan for all Americans that would cut taxes drastically. Paul Ryan and his Congress don’t have time to pass this legislation this year. No matter what the President does the US Congress is hell bent on doing nothing for the American people.
(The only thing the Senate has accomplished is to approve the new justice to the Supreme Court.)
When will the ‘Do Nothing’ Congress realize that President Trump is doing all he can for the American people. When will they realize that this is what Americans want and expect from their politicians.
It’s time for tax cuts, a wall, the best health care in the world and for Congress to get a new leader who can get the job done right.