Something has gone horribly wrong in America, but it isn’t Donald Trump. The 45th president’s first year has in fact been a very good year for the country. By the time those 12 months were up, the unemployment rate was the lowest the country had seen in 18 years, and the number of new filings for unemployment benefits was at a 45-year record low. Even black Americans were doing better under Trump than they did under the first black president: by the start of 2018 the black unemployment rate was the lowest it had been since the Bureau of Labor Statistics started keeping count. For all that his enemies insist that Trump’s electoral appeal was really about race, in 2016 Trump made jobs the centrepiece of campaign. And now Americans are working again in numbers not seen since the tail end of the booming 1990s.
Wall Street has also enjoyed a sustained rally since Trump became president.
Comments
Join the debate for just $5 for 3 months
Be part of the conversation with other Spectator readers by getting your first three months for $5.
UNLOCK ACCESS Just $5 for 3 monthsAlready a subscriber? Log in