Promises Kept: Here are Just a Few of President Trump’s Accomplishments on Economy

June 06, 2018Jun 06, 2018

Looking just at his record on commerce, the successes under President Trump’s administration are truly staggering. Here are a just a few of his promises kept and some of his most exciting accomplishments in his first 500 days of office in the area of economy and jobs:

• Unemployment rate has fallen to 3.8% in May, the lowest rate since 2000.
• Provided $1.5 trillion in tax cuts to individuals
• Provided $1.5 trillion in tax cuts to individuals.
• American families received $3.2 trillion in gross tax cuts and saw the child tax credit double. Provides savings for a typical family of four earning $75,000 per year of more than $2,000.
• Nearly doubled the standard deduction.
• Repealed Obamacare’s burdensome individual mandate.
• Led to hundreds of U.S. companies giving bonuses to their employees- which are estimated to boost U.S. incomes by at least $30 billion.
• The top corporate tax rate was lowered from 35 percent to 21 percent so American businesses could be more competitive.
• The U.S. Gross Domestic Product grew at or above 3 percent for two quarters in a row for the first time in three years.
• Nearly 3 million jobs have been created under President Trump’s administration
• Unemployment has fallen to 3.8 percent, the lowest rate in 18 years.
• The manufacturing industry has created over 300,000 jobs.
• 337,000 construction jobs have been created; construction employment stands at its highest level since June 2008.
• Fourteen states have reached record low unemployment rates.
• The African American unemployment rate has reached its lowest ever recorded.
• Job openings have reached 6.6 million, the highest level recorded.

These are only a few of President Trump’s accomplishments under his administration. It’s encouraging to see how from the top down, America is being made great again!

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