Another beginning of the month, another new set of positive economic numbers for the United States under President Donald Trump. With employment hitting new lows and wages continuing to finally rise, the American people have good reason to feel that the economy isn’t going off the rails any time soon.
One should always exercise discretion when giving credit to a president for the economy’s health. While Trump has helped foment conditions conducive to growth through his tax reductions, regulation slashing, and most importantly, creating a climate where business owners don’t share anxiety over future regulations or interference, no single individual can accept all the praise.
And yet the American people were told something very different in November 2016 and in the months leading up to the election: A Trump victory could single-handedly, in the words of The Washington Post, “destroy the world economy.”
Of course, no such thing happened. Despite these apocalyptic predictions by the nation’s pundit class, there’s been no evidence of any humility going forward.