Wildly unpopular, President Trump went from Hollywood sensation and business tycoon to the 45th president of the United States of America. While many would debate his crass nature, it is difficult to deny the multitude of accomplishments he has achieved in the past two years.
One of the largest accomplishments under the Trump Administration has been an undeniably prosperous economy. President Trump kept his campaign promises and in his first year of presidency managed to lower taxes and dramatically increase job opportunities, creating optimism in the area of business and among the people. Cutting taxes has been a huge accomplishment for President Trump as he provided more than $5.5 trillion in gross tax cuts. (Washington examiner). By cutting taxes and passing laws that ease strangulating regulations on various industries, he has allowed for businesses to thrive. Three and a half million jobs have been created since President Trump took office and four million since his election. Unemployment has reached a 50-year low which has allowed for economic stimulus across demographic lines (Washington examiner). For the first time ever on record, there are more job openings than job seekers. Minority unemployment rates hit record lows. One example of this is the African-Americans unemployment rate. It was down to 5.9% in May 2018. The Hispanic unemployment rate is also down (4.5%).
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Women’s unemployment, as well as, youth unemployment is the lowest rate in decades. Veterans were listed at three percent in July of 2018, which is the lowest rate since 2001. Disabled Americans have also seen record breaking improvements in the unemployment rate. Blue collar workers are not only seeing a reduction in the unemployment rate but they are seeing an increase in pay. More than 400,000 manufacturing jobs have been added since the election. Not only are more Americans employed, they are making more money on average. President Trump signed into law the Tax Cuts and Jobs Act’ creating major changes to the tax law (irs.gov). The standard deduction increased to $12,000 for singles, $18,000 for head of household, and $24,000 for married couples filing jointly. These changes increased the amount of pay taken home by many Americans, by reducing the amount of federal taxes taken out on each paycheck. The child tax credit also increased to $2,000 for each qualifying child, helping families with children (irs.gov). Poverty rates in the African-American and Hispanic populations have reached the lowest levels ever recorded. Before President Trump was even in office, he negotiated a deal with Carrier to keep 1,100 jobs by keeping the plant in Indiana, and not moving it to Mexico (fee.org).
President Trump has also made great strides in the area of Foreign Policy. He is unconventional and at times, undiplomatic, in his interactions with other foreign leaders; however, he stands strong in support of American interests while showing support for our allies.
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