They said it couldn’t be done. Well, Barack Obama did, anyway: “What magic wand do you have?” And of course we remember Paul Krugman’s infamous prediction that the stock market would never recover from Donald Trump’s election. But Trump’s formula of lower taxes, less regulation and–a key element, I think–sensible repatriation policy continue to drive our economy to unprecedented heights.
The latest: the economy added 263,000 new jobs in April, driving unemployment to 3.6%, the lowest since 1969. Unemployment has now been below 4% for more than a year, something the Obama administration didn’t even attempt to achieve. And the stock markets continue to achieve record highs.
Via InstaPundit, Scott Adams comments pithily:
In 2016, if everything the Democrats believed had been true, we would have a depression, nuclear war, prison camps, and an insane Russian puppet as our president. In 2019, if Dems are right about everything they believe, Trump might have almost impeded a witch hunt but didn’t.
— Scott Adams (@ScottAdamsSays) May 1, 2019