by Wayne Root
Of course, Trump is headed for a re-election victory on November 3rd. Why should anyone be shocked? Trump is proving once again why he’s “the GOAT” (the greatest economic president of all-time). He created perhaps the greatest economy in U.S. history before Covid. And now, he’s doing it again!
Who’s gonna vote against that?
Remember the brilliant wisdom of Democrat strategist James Carville, “It’s the economy, stupid.” Americans can argue, debate and infuriate all day about Trump’s tweets, offensive language and policies. But in the end, they always make their voting decisions based on their wallets and pocketbooks.
Can Democrats beat the guy who just produced highest economic growth in America’s history? No way, Jose. That’s about to be announced on October 29th, just five days before the election. It will prove Trump has done it again. He’s rebuilt the world’s greatest economy- again.
The first time Trump had to rebuild Obama-Biden’s disastrous economy. How bad was their economy? Obama-Biden was the only presidential team in history to never once hit 3% GDP (economic growth). Since 1776 and George Washington. Even Hoover and FDR in the depths of the great depression each had one year with 3% or higher GDP. But not Obama-Biden.
Obama-Biden was even worse when it came to jobs. It took them four years to get unemployment down below 8%. But it took Trump only five months to get unemployment back under 8% from the start of the disastrous Covid pandemic, when unemployment hit 14%.
Trump is so talented, he got us out of a Great Depression in five months.
Let’s go back to GDP. Because economic growth is what really matters. That’s how you create jobs. That’s how you make Americans feel “better off.” The Atlanta Fed is projecting the 3rdquarter GDP number released on October 29thwill be 34.6% economic growth. That’s the fastest quarterly economic growth in history. Even if the projection is high, even if the actual number comes in at 30%, or 27%, or 25%, it’s still the highest in America’s history, by a wide margin.
But wait, it gets better. Trump achieved this miracle with a large portion of the country closed for business. Trump did it with deep blue states like California, New York, New Jersey, Massachusetts, Illinois and Michigan mostly locked down and closed for business for most of that quarter.
What if all those states had been open for business? The GDP might have been 40%, 50%, even (gasp) 60%. As I told Yahoo Finance a few days ago when they interviewed me about this Trump economic miracle, if Trump was playing in the Wimbledon finals, this would be like winning the championship in straight sets, with both legs and one arm tied behind his back.
Think about it. Trump’s economy hit the best number in history without New York or California participating. Or a dozen other deep blue Democrat states, run by insane, out-of-control socialist tyrants. Holy Cannoli.
But it gets better. On Friday the government announced US Core Retail Sales were up a stunning 9.1% year to year- the greatest rise in America’s history. Again, this happened while a dozen blue states were still mostly shut down. They didn’t even have indoor dining in California, or most of New York City in September.
Trump is winning Wimbledon with both legs and one arm tied behind his back!
Wait. There’s more proof that Trump has led us to a magnificent comeback. The economic engine of the US economy is small business. Small business creates most of the jobs and pays most of the taxes. Optimism of small business owners climbed in September to one of the all-time highest levels. Even more significant, this reading of 204 points was the highest since January. That means small business owners are the most excited and optimistic since before the pandemic.
By the way, economists predicted this small business optimism index would rise to between 99 and 102 in September. Instead it doubled to 204, something no one imagined possible. Under President Trump’s leadership, we are all the way back from the brink. Without New York or California, or the rest of insane deep blue America.
So, of course Trump is about to win re-election. Thanks to the Trump Miracle Economy. No one is handing this economy back to Joe Biden and Kamala Harris.
Wayne Allyn Root is a CEO, entrepreneur, best-selling author, nationally-syndicated talk show host on USA Radio Network at 6 PM to 9 PM EST/3 PM to 6 PM PST. To find out more about Wayne Allyn Root and read features by other Creators Syndicate writers and cartoonists, visit the Creators Syndicate website at www.creators.com.