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Trump is getting the credit he deserves for fixing Obama’s economy

Trump’s policies have sparked the greatest economic renaissance America has seen in decades, and no amount of political spin can conceal that fact from the millions of Americans who have benefitted, writes the author. (Evan Vucci / AP)

Julio Gonzalez

President Trump is doing wonders for the U.S. economy, and voters are taking notice.

According to a recent CNN poll, 71 percent of Americans believe the economy is doing well — the highest level of positivity recorded by the survey since 2001. Likewise, a 51 percent majority of Americans also approve of President Trump’s handling of the economy, while only 42 percent of respondents disapprove.

This level of support for the president’s booming economy tells the sort of “morning in America” story that sends voters flocking to the polls to re-elect an incumbent president.

“The President's strong reviews on the economy come as a plurality say their personal financial situation is better off today than it was three years ago — before Trump took office,” CNN reported, noting that more than 80 percent of respondents said their finances have improved or stayed the same since President Trump’s inauguration.

At the same point in Barack Obama’s presidency, on the other hand, only 16 percent of Americans thought the economy was in good shape, compared to 84 percent who rated it as “somewhat” or “very” poor.

The economic confidence that Trump has inspired among voters isn’t a fluke, either. For more than two years, he has fought hard to repair America’s economic engine, implementing pro-growth policies to restore the prosperity lost from the Great Recession through Obama’s presidency. That approach has paid tremendous dividends, with nearly five million new jobs created in just over two years.

In a recent interview with Breitbart News, Trump explained that he considers the economic recovery his biggest accomplishment, arguing that his effort to deregulate the private sector paved the way for economic growth across America.

“Regulations were killing the country,” he said, referring to the draconian bureaucratic state established under President Obama. “We were going down.”

Ten months after his inauguration, President Trump also succeeded in passing historic middle-class tax cuts — a move that boosted the economy even further. Meanwhile, his commitment to protecting American workers from unfair global competition by renegotiating harmful trade deals has created stability in the labor market and pushed the unemployment rate to the lowest level in decades.

The good news doesn’t stop there, though.

According to the most recent data from the U.S. Department of Agriculture, the total number of Americans on food stamps fell to 37 million people in December 2018, a decrease of nearly three million people since Trump took office. That’s the lowest number in nearly a decade, and a clear sign that the President is keeping his promise to raise struggling families out of poverty.

The workers who no longer have to rely on the federal government for such basic necessities as food because they now have jobs that allow them to provide for their families know exactly who to thank for their newfound prosperity.

Trump’s policies have sparked the greatest economic renaissance America has seen in decades, and no amount of political spin can conceal that fact from the millions of Americans who are better off today thanks to his efforts.

Julio Gonzalez is the founder and CEO of Engineered Tax Services, which is based in West Palm Beach.