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RJ

The country is better off than it was in 2016.

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The country is much better off than it was in November 2016.

IBD article today.

 

Here's a rundown:

 

GDP Growth

In the first three quarters of 2016, quarterly GDP growth was an anemic 1.5%, 2.3% and 1.9%. This year, quarterly GDP growth has been a far more robust 2.2%, 4.2% and 3.5%.

 

Jobs and Unemployment

There are 4.3 million more private sector jobs than there were two years ago, according to the Bureau of Labor Statistics.

 

There are 1.8 million fewer unemployed. The unemployment rate is now 3.7%, down from 4.9% — where it had been stuck throughout 2016.

 

Among blacks, the unemployment rate dropped from 8.3% to 6%, and among Hispanics it's now 4.5%. It was 5.7% two years ago.

 

The average time people are unemployed is now 24 weeks, down from 27 weeks just before the 2016 elections.

 

Household Incomes

Take-home pay for most people is higher today than it was two years ago, for the simple reason that Republicans cut income taxes. Those savings started showing up when the new withholding schedules went into effect in February.

 

 

And, after stagnating for all 2016, median household incomes started to steadily rise. As a result, median household income today is 4% higher than it was in November 2016 — after adjusting for inflation — according to Sentier Research.

 

At $63,007, median household income is at all-time highs.END

 

What's Not To Like!  

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Dems will claim it is only possible because it was enabled by Obama - of course what he really enabled was ISIS, but I don't think we will hear that.

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