Last night, President Donald J. Trump laid out a powerful vision for America that continues to build on the successes of the last two years. Americans are seeing higher paychecks, more opportunities, and brighter futures for their families. The economy is now growing at twice the rate it did under President Obama. Over 4.5 million new jobs have been created. Total unemployment is the lowest it’s been in nearly 50 years, and African-American, Hispanic, and Asian American unemployment are all the lowest ever recorded.
Much has been accomplished. However, we still need bipartisan solutions to address rising health care costs, fix our broken immigration system, rebuild and modernize our infrastructure, and negotiate fair trade deals with partners around the world.
While President Trump delivered a positive message, Democrats sat on their hands. There is a clear contrast between the results we’ve seen under President Trump and radical Democrat policies that have repeatedly been proven to fail.
U.S. employers add robust 304,000 jobs
February 1, 2019
U.S. employers shrugged off last month’s partial government shutdown and engaged in a burst of hiring in January, adding 304,000 jobs, the most in nearly a year.
The strong job market is also encouraging more people who weren’t working to begin looking. The proportion of Americans who either have a job or are seeking one — which had been unusually low since the recession ended a decade ago — reached 63.2 percent in January, the highest level in more than five years.
2018 Was The Year Of The Turnaround
By Sen. David Perdue (R-GA)
America is experiencing the greatest economic turnaround in U.S. history. Two weeks after President Donald Trump was inaugurated, I was in a small meeting in the Oval Office to establish the agenda for 2017 and 2018. He said that job one was to grow the economy, and he laid out a plan to focus on regulations, energy, taxes and Dodd-Frank. President Trump’s agenda is working.
When I ran for the U.S. Senate in 2014, I talked about how $6 trillion was not at work in our economy. By rolling back regulations, undoing the most onerous parts of Dodd-Frank and changing the tax code to end the archaic repatriation tax, we’ve begun freeing up that $6 trillion to work in our economy. Look at the results.
More than 4 million new jobs have been created. Middle-class income is the highest it’s ever been. Total unemployment is at a 50-year low. African-American unemployment is the lowest ever recorded. More than 1,500 bureaucrats have been fired at the VA for poor performance. Consumer confidence is at a 20-year high. Small business optimism is at a 35-year high.
President Trump promised to be there for farmers in Georgia and around the country. In December, we got a good Farm Bill across the finish line.
The U.S. Senate has taken action to fill judicial vacancies. Eighty-five federal judges have been confirmed. Nearly one out of every six circuit court judges was nominated by President Trump.
President Trump has been successful in getting European nations to commit to paying more for NATO. We’ve begun rebuilding our military. We are closer to a level playing field for American workers and businesses because of new trade deals with South Korea and Canada and Mexico. We have brought China to the trade table and are working toward zero tariffs with the European Union. We have rebuilt relationships with important allies.
After years of disinvestment, President Trump had to rebuild our military and get our readiness going again. Georgia is playing a major role in this effort. Robins Air Force Base has been named the home of the Air Force’s Advanced Battle Management System. The Army’s Cyber Command and Cyber School of Excellence continue to build their capability in Augusta. Production of the Columbia Class submarines that are coming soon to Kings Bay has been boosted.
Georgia is also seeing the results of the economic turnaround. Household income in Georgia grew by 4.3 percent in 2017. The population of Georgians living below the poverty line is the lowest it’s been since 2006. Unemployment claims in Georgia fell by 17 percent in 2017 and are the lowest they’ve been in 44 years.
These are the results of policies that boost private sector job creation and grow the economy, not government. Thanks to 16 years of leadership under Govs. Sonny Perdue and Nathan Deal, Georgia has been named the best state in the country in which to do business for six straight years. Just as I worked with Gov. Deal, I am already working with Gov.-elect Brian Kemp to ensure Georgia remains the best state in the country in which to do business.
There’s much more work to do. Health care, immigration and infrastructure are at the top of the president’s agenda for this year.
Unfortunately, Democrats have shown they will do whatever it takes to obstruct this president’s agenda, including shutting down the government. Political self-interest cannot continue to come before the national interest. We must break through the gridlock in order to deal with the big issues, including the $21 trillion debt crisis. This year’s economic growth is the first step toward tackling this debt. Now it’s time for action to change Washington’s broken budget process, cut redundant agencies, save Social Security and Medicare, and get after spiraling health care costs. Each of these is critical to dealing with the debt over the long-term.
The results of 2018 are not just Republican talking points. They are American accomplishments, some of which were done with bipartisan support. In 2019, we have to keep up the momentum. At the federal level, the key question in 2019 will be whether House Democrats will work with the president to legislate, or will they yield to political self-interest and only investigate?
US employers added a stellar 312,000 jobs in December
January 4, 2019
U.S. employers dramatically stepped up their hiring in December, adding 312,000 jobs in an encouraging display of strength for an economy in the midst of a trade war, slowing global growth and a partial shutdown of the federal government.
The Labor Department said Friday that the unemployment rate rose slightly to 3.9 percent, but that reflected a surge in jobseekers— a positive for growth.
Average hourly pay improved 3.2 percent from a year ago.
The health care, food services, construction and manufacturing sectors were the primary contributors to last month’s hiring.
Read more in Associated Press.
Companies Added Way More Jobs Than Expected In December
By Jeff Cox, CNBC
January 3, 2019
Companies added 271,000 new positions as 2018 came to a close, smashing estimates of 178,000 from economists surveyed by Reuters. It was the survey’s best month since February 2017, which saw a gain of 280,000, and brought the average monthly gain for last year to 206,000.
December also showed a marked gain from November, when just 157,000 new jobs were added, a total revised lower from the initially reported 179,000.
Boom: Record high business optimism, need for employees at 45-year high
By Paul Bedard, Washington Examiner
The record level of economic optimism among small businesses is continuing, and those firms trying to fill jobs is at a 45-year high, according to a new industry report.
The National Federation of Independent Businesses said the optimism has only been this high three times in the last 43 years and has consistently been high all year long.
“For two years, small business owners have expressed record levels of optimism and are proving to be a driving force in this rapidly growing economy,” said NFIB President and CEO Juanita D. Duggan. “The October optimism index further validates that when small businesses get tax relief and are freed from regulatory shackles, they thrive and the whole economy prospers.”
Read more in Washington Examiner.
Georgians sent a clear message that they are committed to keeping our state on track. Despite liberal Democrats from outside Georgia spending tens of millions of dollars in our state, it still didn’t work.
The people of Georgia flatly rejected socialism. They rejected a single-payer health care system. They rejected open borders and sanctuary cities. They made it clear that the Democrats’ path to the presidency in 2020 will not run through Georgia.
Brian Kemp is a strong leader and businessman who will continue to build on our state’s success. Congratulations to Brian on becoming Georgia’s next Governor, and I will work with him to keep Georgia the best state in the country in which to do business.
Over the last few months, I’ve traveled the country to campaign for Republican U.S. Senate nominees because too much was at stake to sit on the sidelines. We had an opportunity to grow our Republican majority, and last night we did just that.
Why is it so important?
We are seeing the greatest economic turnaround in American history. President Donald J. Trump’s agenda is working and the American people agree. That’s why we have improved our strong majority in the United States Senate.
We have turned the direction of our country, but there is still more work to do. With the help of these impressive new Senators, we can continue to grow the economy, strengthen our global security situation, and deal with our outrageous $21 trillion debt. We also need a serious immigration solution, an infrastructure system that works, trade policies that give us a level playing field, and an education system that prepares workers for the jobs being created by this economic turnaround.
I believe we can do this in the United States Senate and President Trump is committed to delivering results for the American people.