President Trump Made Obama-Biden’s Parched Garden Grow, Grow, Grow

U.S. Marine Corps Lance Cpl. Cristian L. Ricardo / Public domain

NEW YORK — At last week’s rambunctious televised debate in Cleveland, former Vice President Joe Biden said this about President Donald J. Trump: “We handed him a booming economy. He blew it.”

Not so fast, Sleepy Joe.

In fact, rather than “booming,” Biden and Obama bequeathed President Trump an economy that resembled a dehydrated garden. It was alive, but drooping. Obama-Biden’s recovery from the Great Recession was the most parched since the Great Depression.

The president treated the garden with Trumponomics: He irrigated it with the GOP’s Tax Cuts and Jobs Act (which every Congressional Democrat opposed). He fertilized it with robust deregulation that killed eight old rules for every new one imposed. And he serenaded it with a pro-enterprise tone. Job creators welcomed Trump’s words of gratitude and encouragement rather than the threats, class-warfare hectoring, and success shaming of Barack “You didn’t build that!” Obama.

The result?

President Trump’s Garden flourished. Companies budded, entrepreneurs bloomed, and workers blossomed – often reaching unprecedented heights. As late as February, the U.S. economy in winter recalled an arboretum in April.

Census Bureau data released September 15 show that real median household income increased from $64,324 in 2018 to a record $68,703 in 2019, up 6.8 percent. This extra $4,379 in the typical American home is the largest one-year hike in this key barometer of well-being. Under Trump, it advanced 9.7 percent between 2016 and 2019.

Real median income accelerated last year by 7.1 percent for Hispanics, 7.9 percent for blacks, and 10.6 percent for those of Asian descent. These gains occurred while these communities enjoyed the lowest jobless rates in American history.

Leftists who complained non-stop about “income inequality” have gone silent; their favorite adult toy is broken. Under their despised “Donald Trump,” the Gini Coefficient of income inequality has fallen two consecutive years. Between 2017 and 2019, it slipped from 0.49 to 0.48. Under Obama-Biden, Gini crept up from 0.47 to 0.48. On Trump’s watch, the income gap has narrowed largely as it should: by enriching the poor much more than impoverishing the rich.

These achievements all shoved America’s poverty rate down, from 11.8 percent in 2018 to 10.5 percent in 2019 — an all-time low. This largest reduction in 50 years liberated some 4 million Americans from poverty.

While the overall poverty rate tumbled 1.3 percent, it dropped 1.8 percent last year for Hispanics and 2.8 percent among those of Asian heritage. Thanks to a 2.0 percent decrease for blacks, the White House observed, “the black poverty rate fell below 20 percent for the first time in history.”

Alas, the Chinese virus swept like Dutch Elm Disease through Trump’s beautiful, very special garden. The unprecedented lockdown shuttered equipment, shrank plants, and shriveled dreams.

Luckily, as the economy reopens, florescence abounds:

February’s 3.5 percent jobless rate shot to 14.7 in April and plummeted to 7.9 percent in September, far beyond the rosiest forecasts. Obama-Biden needed two years and two months to cut unemployment from 10.0 percent in October 2009 to 8.5 percent in December 2011. Trump outdid this in one month, from 10.2 in July to 8.4 in August. Even while hobbled by the China virus, President Trump’s economy has produced 11.4 million jobs — roughly half of those killed by these germs.

After looking as if they were sprayed with Agent Orange, the financial markets now mirror a jungle. The Dow Jones, NASDAQ, and S&P500 indices all have approached or exceeded their pre-COVID-19 peaks. This is great news for Americans with 401Ks and IRAs.

The housing sector is climbing like ivy. May’s 3.9 million sales of existing homes jumped to 6 million in August. April’s 96,000 building permits hit 126,200 in August. April’s 934,000 housing starts stretched to 1,416,000 in August.

In short, Trumponomics is chlorophyll for jobs, goods, and services.

Voters must choose a gardener: The quiet, ponderous one who left the garden dry or the loud, impulsive one who made it grow, grow, grow.

Deroy Murdock is a Manhattan-based Fox News Contributor, a contributing editor with National Review Online, and a senior fellow with the London Center for Policy Research.


Deroy Murdock

Deroy Murdock is a Manhattan-based Fox News Contributor, a contributing editor with National Review Online, and a senior fellow with the London Center for Policy Research.


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Wondering Woman
Wondering Woman
17 days ago

Barack Hussein Obama spent his 8 years of usurpation blaming on his failures & many shortcomings on ex GWB. When Trump won the election Barack Hussein Obama remarked “Those jobs aren’t coming back without a magic wand to wave”. After President Trump got the economy to booming, then Obama switched to trying to steal President Trump’s thunderous success.
BTW – for those wondering I am not a birther, but i respect our Constitution more than the majority of our deep state establishment INSIDER congressional memmbers apparently did then or now. No matter where he was born (but according to his book, which was probably ghost written) he was born in Kenya. However a natural born citizen is defined as both parents have to be a naturalized citizen at the time of his birth. His alleged father was a foreign student here & never applied for naturalization. Barack Hussein Obama attended a Catholic school in Indonesia, registered under his Indonesian stepfathers last name & registered as a Muslim. This indicates he had adopted him & would have cancelled any American citizenship. Documents have been found where someone changed their name in a Canadian Court from Barry (same last name as his stepfather) to Barack Hussein Obama

Joseph Banoseph
Joseph Banoseph
17 days ago

A Navy Seal on Joe Biden
 
 Remember this when you vote…

This guy is a loser in life. We need to be sure he’s a loser in November.

Lest We Forget:
When he was the Vice President, he did the most unthinkable thing for a man in his position.  He revealed the names and the unit that killed Bin Laden

“On May 3, 2011, at a national event in Washington, Vice President
Joseph R. Biden Jr. did the unthinkable – He publicly revealed the
identity of the special-operations unit responsible for bin Laden’s
killing, just to show that he “was in the know”.

His reckless action put at risk the lives of every member of Seal Team
6. The Taliban and other jihadists eager to avenge bin Laden now knew
which unit to target. Stunned and shocked, Seal Team Six members
immediately realized they were going to be hunted by al Qaeda
sympathizers.

Soon after Biden’s reckless idiotic speech, an American CH47 Chinook
was shot down by a rocket-propelled grenade in the Tangi Valley,
Maidan Wardak Province, Afghanistan, all 38 aboard were killed
including most of Seal Team Six, this incident became known as
Extortion 17.

After Biden had let the identification out, and before the Chinook was
shot down, members of Seal Team 6 had called their families and told
them to wipe out all connection to them, including social media, and
disassociate themselves as far away from them as possible because they
too would be in grave danger as the Taliban would attempt to find them
in retaliation… And Biden, well he didn’t even work up a sweat
over any of it, and was just too stupid to realize what he had done.

I added a couple of links here for those who want proof. It’s easy enough to
lookup the information yourself.

These are just a few of many:

https://youtu.be/lMA1T9QWEI4

https://special-ops.org/./the-betrayal-of-navy-seal-team-6/.
 
“Someone said…..  Well, that’s just Joe.!”  Really?  No, this traitor revealed the names and signed the death warrants of America’s finest warriors and never looked back.
Sorry, if you disagree, but he is not worthy of consideration as our President and Commander-in-Chief!!!
The guy is nothing more than a playground punk playing a tough-guy role. He’s an empty suit. Always has been. Always will be.

Wake up. America can’t afford to have this moron as our President!

tinker68
17 days ago

And yet, millions upon millions will vote vote for the program offering a hand out instead of a hand up.

Bruce
Bruce
16 days ago

I think if a man will not work, he need not eat! I am NOT for handouts or freebe’s I am for the sweat of a man’s brow! 2 Thes 3:8/Gen 3:19KJV Slothfulness has become a trademark in this nation! Men aught always to be will to labor and sweat for their meals etc! NEVER depend upon the Govt for handouts, depend upon GOD’s Providence in health and wealth and all that HE gives! Pro 3:5-7/Psa 118:8 KJV

A Seeker
16 days ago
Reply to  Bruce

“As ye sow shall ye reap!” Plant not, eat not! “YThe tree is known by its fruit!” The tree thta did not bear fruit was cut down!

Floyd Hardee
16 days ago

If a man will not work he should be given Piglosi’s ice cream. Then Schumer should have to watch her cry because her ice cream is gone. Then they both should be given lots of peaches cause they love them. Smack! Smack! Rotten ones preferred!

jjofaz
16 days ago

In an election people should always think…IT’S THE ECONOMY STUPID !!!!

General Patton
General Patton
14 days ago

WAKE UP AMERICA–Biden would be a disaster for our country!!!!!!!! He is a deep state stoolie—-who did nothing in 47 yrs. MAGA 2020

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