GREAT AGAIN: The Trump Economic Boom

Donald Trump has ushered in an economic boom. Per Bloomberg:

“GREAT AGAIN: +235,000,” Trump posted on his Twitter account in a retweet of a Drudge Report headline on Friday minutes after the Bureau of Labor Statistics released payrolls data for February showing the U.S. added a net 235,000 jobs during the month.

Gary Cohn, the former Goldman Sachs Group Inc. president who’s now director of the National Economic Council, used the report as validation of Trump’s approach to bolstering the economy, which has included bringing in corporate executives to the White House to press them for hiring commitments and publicly scolding companies over plans to move production abroad.

“We’ve had many big announcements from CEOs,” Cohn said, basking in the “sunny” jobs numbers amid gray skies and rain in Washington. “Remember, those jobs are not in these numbers. Those jobs will come in the future — they’ll come three, six, 12 months from now. So we think there’s enormous demand for American workers built into the system.”

This is great news. Conservatives have many criticism of Trump’s economic policy. Some are valid. But not since Ronald Reagan has a Republican president shown such a commitment to deconstructing the regulatory state and instituting the sort of common sense reforms necessary to get the American economy humming again.

America is on the road to being “great again.”


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