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The White House released a lengthy list of accomplishments from President Donald J. Trump’s first four years in the White House.

We’re going to highlight each section.

The White House said President Trump created an “unprecedented economic boom.”

Prior to the China Virus infecting Americans, the country had “the world’s most prosperous economy.”

America gained seven million new jobs, which eclipsed expert projections by more than three times.

Middle-class family income jumped nearly $6,000, which represented more than five times the gains during the entire eight years of Barack Obama.

Unemployment dipped down to 3.5 percent, which is the lowest in 50 years.

There were 40 consecutive months with more job openings than job hirings.

Nearly 160 million Americans reported being employed, which is more than ever before.

Jobless claims hit a nearly 50-year low.

Those claiming unemployment insurance as a share of the population hit its lowest number on record.

Incomes rose in every single metro area in the United States for the first time in nearly 30 years.

The success was shared among demographics as well.

Unemployment rates for African Americans, Hispanic Americans, Asian Americans, Native Americans, veterans, individuals with disabilities and those without a high school diploma all hit record lows.

Unemployment for women hit its lowest rate in almost 70 years.

Nearly 7 million people were lifted off food stamps.

Poverty rates for African Americans and Hispanic Americans reached record lows.

Income inequality fell for two straight years — and by the largest amount in over a decade.

The bottom 50 percent of American households saw a 40 percent increase in net worth.

Wages rose fastest for low-income and blue-collar workers — a 16 percent pay increase.

African American homeownership increased from 41.7 percent to 46.4 percent.

President Trump made extensive efforts to bring jobs back to America.

He helped create more than 1.2 million manufacturing and construction jobs.

He put policies in place to bring back supply chains from overseas.

Small business optimism broke a 35-year old record in 2018.

The markets hit record highs, with the DOW closing above 20,000 for the first time in 2017 and eclipsed 30,000 in 2020. The S&P 500 and NASDAQ also hit record highs.

Rural America benefited with an executive order modernizing the regulatory framework for agricultural biotechnology products, which led to innovative new technologies in American farming and ag.

More than $1.3 billion was invested through the Agriculture Department’s ReConnect Program to bring high-speed broadband infrastructure to rural America.

And even after the China Virus impacted the country, President Trump led a “record-setting economic comeback by rejecting blanket lockdowns.”

Fifty-six percent of Americans told Gallup in October 2020 they were better off during a pandemic than four years prior.

The economy grew at a rate of 33.1 percent during the third quarter of 2020, which represented the most rapid GDP growth ever recorded.

Since the COVID lockdowns ended, the economy has recovered more than 12 million jobs, which represents more than half the jobs lost.

Jobs have been recovered 23 times faster than the previous administration’s recovery.

Unemployment peaked at 14.7 percent in April, and fell to 6.7 percent in December. Expectations were for it to be well over 10 percent through the end of 2020.

Obama’s Administration took 49 months for unemployment to fall from 10 percent to under seven percent. It took three months for the Trump Administration.

Eighty percent of small businesses are now open, up from 53 percent in April. Small business confidence hit a new high. HOmebuild confidence reached an all-time high as home sales hit their highest reading since December 2006.

Manufacturing optimism nearly doubled.

Household net worth rose $7.4 trillion in Q2 2020 to $112 trillion — an all-time high.

Business confidence is higher in America than in any other G7 or European Union country.

 

Author: Jacob Hall