Economy

AMERICA UNLEASHED: Food Stamp Enrollment DOWN 2.8 MILLION Under Trump

posted by Hannity Staff - 8.07.18

The US economy continued to roar to life in July under President Trump and the GOP-controlled Congress, with new data showing nearly three million Americans have left the nation’s food stamp program since the President’s inauguration in January 2017.

According to the new statistics released by the Department of Agriculture, over 2.8 million people dropped the program since Trump took office; fulfilling a signature campaign promise to boost Obama’s stagnant recovery.

The strong economic data -coupled with 4.1% growth in GDP in the second quarter of 2018- may spell disaster for Democrats heading into the midterm elections; with House Minority Leader Nancy Pelosi pledging to “repeal” the widely popular “GOP tax scam.”

USA UNCHAINED: Record Setting 155,965,000 EMPLOYED Under President Trump

posted by Hannity Staff - 8.03.18

A record-setting number of Americans are back to work under President Trump and the Republican-controlled Congress, hitting new heights just months after the GOP-sponsored tax cuts were signed into law.

According to CNS News, a whopping 155,965,000 Americans were employed in July; the 11th time the record has been broken since President Trump’s inauguration in January 2017.

“The Labor Department’s Bureau of Labor Statistics says a record 155,965,000 people were employed in July, the 11th record-breaker since President Trump took office 19 months ago,” writes CNS.

“Our economy is soaring. Our jobs are booming. Factories are pouring back into our country, they’re coming from all over the world. We are defending our workers,” President Trump said at a raucous rally in Pennsylvania this week.

The strong data also showed the unemployment rate plunging to just 3.9% after the US economy added over 150,000 jobs in July.

Read the full report here.

USA UNLEASHED: American Jobless Claims PLUMMET to Lowest Levels Since ‘73

posted by Hannity Staff - 1.18.18

Americans are filing unemployment benefits at the lowest levels since 1973, signaling a major upswing in the US economy as employers scramble to find workers as the nation nears full employment.

According to Bloomberg, the shocking drop in benefit claims is accompanied by an unemployment rate of just 4.1%, the lowest level seen since 2000.

“The drop in claims shows that companies are increasingly holding on to their employees amid a shortage of skilled labor,” write Bloomberg. “Businesses are struggling to find workers to fill positions, particularly in manufacturing and construction, as cited in some anecdotes for the Federal Reserve’s Beige Book released Wednesday.”

The strong economic data comes as Apple and other American-based corporations announce major plans to reinvest in the US following the GOP-led tax cuts.

President Trump hailed Tim Cook’s decision to repatriate over $350 billion into the USA over the next five years on social media Wednesday, saying it was “great to see Apple follow through as a result of tax cuts. Huge win for American workers and the USA!”

What you Think

Thank you for visiting Hannity.com. You are about to leave
Hannity.com and proceed to a site owned and operated by a third party.
Hannity.com has no control over the content of this third-party site.
Click OK to proceed.
OK
X
You may if you would no longer like to receive a newsletter.
You have been successfully unsubscribed!
Please see our Terms of Use and Privacy Notice .
If you have any questions or concerns please contact us.