There has never been a better time to start living the American Dream.
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The economy is booming: The economy is expanding rapidly under President Donald J. Trump’s leadership.
• Americans are optimistic and excited about the
economy’s growth under President Trump’s
*According to Pew Research, Americans rating the economy good to excellent surged to 53%, the highest point in 18 years.
*According to Gallup, the stress over the economy has dropped 37% from its high of 71% in 2011 and 2012. One-third of that decline has occurred in the past year. This is huge. Under Obama’s reign, there was no certainty. When he rushed Obamacare through, without anyone knowing what all was included, it was such a huge burden on taxpayers.
• The United States economy continues to expand at better-than-expected rates.
*Department of Commerce figures released in mid-March shows the economy grew at an annual rate of 2.9% during the final three months of 2017, which beat their prior estimate of 2.5%.
*The monthly Employment Situation Report from the Bureau of Labor Statistics (BLS) released in March shows that nonfarm payroll employment rose by 313,000 in February. The average job numbers in 2018 are the strongest since 1997. That’s a huge accomplishment. The strongest in 20 years!
*The economy grew at an annual rate of 3.1% over the past three quarters.
*Since January 2017, over 2.5 million jobs have been added to the economy.
• Unemployment dropped to its lowest levels since before the Great Recession and wages are rising.
*Recent data shows the number of Americans filing for unemployment benefits dropped to more than a 45-year low in mid-March. People are working. This puts less stress on families, less depression, less fighting over finances. Families can get back to living again and not scraping to make ends meet.
*The Department of Labor data from February shows a 4.1% unemployment rate, which is a 17-year low.
*In February, average hourly earnings rose to $26.75, continuing record gains made in 2018.
*According to Gallup, the percentage of Americans now worried about unemployment is down 36% points from the high of 59% in 2010, including a seven-point decline in the past year.
<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">DNC suing Trump for winning?<br><br>What next, accuse him of colluding with North Korea?<a href="https://t.co/d1mLHo8xRN">https://t.co/d1mLHo8xRN</a></p>— Mark the Deplorable (@MarkRocon) <a href="https://twitter.com/MarkRocon/status/988521173418938370?ref_src=twsrc%5Etfw">April 23, 2018</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Americans are seeing the benefits of President Trump’s tax cuts. They are making a difference in W. Virginia & beyond.
• President Trump’s tax cuts are the biggest gross tax cuts in American history, with $5.5 trillion in gross tax cuts over ten years and $4.5 trillion in reforms.
• Since President Trump provided his historic tax cuts, more than 460 businesses have announced new investments, raises, bonuses, or increased retirement benefits, helping more than 5.4 million workers.
*According to the Ernst & Young Tax Reform Dollar Deployment Survey, 89% of companies plan to enhance compensation due to the new tax reform law.
• Americans are beginning to see the impact of tax cuts on every paycheck.
*In February, the IRS updated withholding tables for payroll calculations, meaning 90% of Americans are now getting bigger paychecks and more take-home pay.
*The tax reform package lowered individual tax income rates, nearly doubled the standard deduction, and doubled the child tax credit.
• Thousands of West Virginians are receiving bonuses or pay increases due to tax reform. Some companies that have announced bonuses or pay increases include:
*Worldwide Equipment in White Sulphur Springs, WV which announced that it will provide bonuses for its 1,100 employees, because of tax reform;
*Citizens Bank of West Virginia which issued a ‘Tax Cut Bonus’ of $1,000 to each of its 66 employees; and
*Walmart, who issued bonuses in West Virginia totaling over $5 million. Walmart also announced pay raises that would impact well over 5,500 employees in the state.
• West Virginians will see significant impacts from President Trump’s tax cuts.
• West Virginia State Auditor, John B. McCuskey, expects West Virginians State employees to collectively save $50 million due to the Tax Cuts and Jobs Act.
• According to the Department of the Treasury, West Virginian families will receive an average tax cut of $1,200 just this year alone.
<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">More Trump Winning! <br>U.S. to Overtake Russia as Top Oil Producer in 2019, Energy Exporter by 2022<a href="https://twitter.com/hashtag/MakeAmericaGreatAgain?src=hash&ref_src=twsrc%5Etfw">#MakeAmericaGreatAgain</a> <a href="https://twitter.com/hashtag/MAGA?src=hash&ref_src=twsrc%5Etfw">#MAGA</a> <a href="https://twitter.com/hashtag/TuesdayThoughts?src=hash&ref_src=twsrc%5Etfw">#TuesdayThoughts</a> <a href="https://twitter.com/hashtag/TakeNote?src=hash&ref_src=twsrc%5Etfw">#TakeNote</a> <a href="https://twitter.com/hashtag/InfinityWarPremiere?src=hash&ref_src=twsrc%5Etfw">#InfinityWarPremiere</a> <a href="https://twitter.com/hashtag/bfc530?src=hash&ref_src=twsrc%5Etfw">#bfc530</a><a href="https://twitter.com/hashtag/AvengerInfinityWar?src=hash&ref_src=twsrc%5Etfw">#AvengerInfinityWar</a> <a href="https://twitter.com/hashtag/QAnon?src=hash&ref_src=twsrc%5Etfw">#QAnon</a> <a href="https://twitter.com/hashtag/Russia?src=hash&ref_src=twsrc%5Etfw">#Russia</a> <a href="https://twitter.com/hashtag/AmericaFirst?src=hash&ref_src=twsrc%5Etfw">#AmericaFirst</a> <a href="https://t.co/aEzInAmhqk">https://t.co/aEzInAmhqk</a> <a href="https://twitter.com/hashtag/news?src=hash&ref_src=twsrc%5Etfw">#news</a></p>— The Goldwater (@TheGoldWaterUS) <a href="https://twitter.com/TheGoldWaterUS/status/988725395464900609?ref_src=twsrc%5Etfw">April 24, 2018</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
For the first time in years, Americans are finally seeing light at the end of the tunnel. President Trump is Making America Great Again!
<b>By: Lexy </b>
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Everyone get out and vote is 2018! Thanks for pointing out MORE of the reasons to do so. We don’t neeed a barrage of Dems coming in to tie Trumps hands! They are already tied enough by the Dems and RINO’s!
This article reminds me why I was so passionate about voting for this President. The job/tax numbers are amazing. Keep up the good work Lexy. People all over the Country need to have this information. Great article as usual.