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Politics

Another testimony to Trump economics - overshadowing Obama

Posted: Nov 11th, 2017 - 6:28 pm

Good article.  See link for entire article.

For the entire slow-growth Obama recovery, productivity -- output per hour worked -- languished. Companies invested in financial engineering via buybacks and dividends rather than in new workers, better plants, and innovative technology. Our country struggled to maintain even 1 percent productivity growth during the Obama pseudo-recovery. Now, just nine months into Trump’s tenure, productivity has surged to 3 percent and promises much wage growth ahead as workers can finally demand and justify a bigger share of the growing economic pie.

The trucks roll. Worker productivity ramps up. Optimism becomes contagious. After a long slog of slow growth and income disparity, it’s time to believe in our future again, and not just for the politically connected few, but for the millions of struggling American families who were left behind by the elite corporatist globalists. Make America Grow Again!

Steve Cortes, a contributor to RealClearPolitics and Fox News, is the national spokesman for the Hispanic 100, an organization that promotes Latino leadership by advancing free enterprise principles. His Twitter handle is @CortesSteve.



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