The Historic Results of President Donald J. Trump's First Two Years in Office | Eastern North Carolina Now

Press Release:

    "Together, we are building a safe, strong, and proud America."  -  Donald J. Trump,    President of the United States

President Trump addressing congress at the 2018 State of the Union: Above. (White House photo)     Click image to expand.

    IGNITING A HISTORIC ECONOMIC BOOM: President Trump's pro-growth policies are unleashing economic growth and providing opportunities to workers across the country.

    Due to President Trump's pro-growth policies, real gross domestic product (GDP) growth exceeded 3 percent over the last four quarters.

    Real GDP grew at annual rates of 3.4 percent in the third quarter of 2018 and 4.2 percent in the second quarter.

    More than 5 million jobs have been created since President Trump's election and the unemployment rate remains below 4 percent.

    This is the eighth time this year that the unemployment rate has been below 4 percent.

    Prior to this year, the unemployment rate had fallen below 4 percent only five times since 1970.

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    The unemployment rate for African Americans in May fell to 5.9 percent, which is the lowest rate on record.

    Asian and Hispanic-American unemployment rates have reached record lows this year.

    Initial weekly jobless claims have hit a nearly 50-year low under President Trump.

    Under President Trump, job openings outnumber the unemployed for the first time on record.

    Recently, more than two-thirds of Americans rated "now" as a good time to find a quality job, tying a record high in a poll by Gallup.

    Americans are seeing more money in their pockets thanks to the booming economy.

    In recent months, workers have seen their largest nominal year over year wage growth in nearly a decade.

    In 2017, real median household income rose to a post-recession high.

    President Trump's policies are helping to lift Americans out of poverty.

    African-American and Hispanic-American poverty rates reached record lows of 21.2 percent and 18.3 percent, respectively, in 2017.

    Since the election, 4.6 million Americans have been lifted off of food stamps.

    Consumer confidence has soared under President Trump, recently reaching an 18-year high.

    President Trump is delivering on his promise to bring back American manufacturing.

    The National Association of Manufacturers' Outlook Index had the highest annual average in its history over the past year.

    Manufacturing added 284,000 jobs in 2018, the most added in a year since 1997

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    Small Business optimism jumped to a record high under President Trump, according to a survey by the National Federation of Independent Business (NFIB).

    The NFIB's Small Business Optimism Index broke a 35-year record in August.

    President Trump signed the Tax Cuts and Jobs Act into law, ushering in the largest package of tax cuts and reforms in American history.

    These tax cuts are delivering real results for American families and workers.

    More than 6 million workers received tax cut bonuses and benefits.

    More than 100 utility companies have announced lower rates.

    President Trump is ensuring American workers receive the training and education they need to compete in today's economy.

    President Trump signed an executive order establishing the National Council for the American worker.

    More than 185 companies and associations have signed our "Pledge to America's Workers," promising more than 6.4 million new training and career opportunities.

    The President signed legislation that reauthorized the Carl D. Perkins Career and Technical Education Act, making more than $1 billion available for career education programs.

    President Trump has prioritized the economic empowerment of women.

    The women's unemployment rate recently reached its lowest rate in 65 years.

    The Small Business Administration lent approximately $500 million more in capital to women-owned businesses in 2017 compared to 2016.

    The Administration helped launch the Women Entrepreneurs Finance Initiative, which could leverage more than $1 billion to support women entrepreneurs.



    ROLLING BACK RED TAPE: President Trump is rolling back costly regulations that have burdened hardworking Americans and stifled innovation.

    President Trump has followed through on and exceeded his promise to roll back two regulations for every new one created.

    President Trump's Administration surpassed the 2:1 ratio in 2018, eliminating 12 regulations for every new one in 2018.

    In 2017, the Trump Administration eliminated 22 regulations for every new one.

    Since taking office, President Trump's deregulation efforts have achieved $33 billion in regulatory savings.

    In 2018, these efforts alone delivered $23 billion in benefits to American families and business owners.

    President Trump has signed 16 Congressional Review Act resolutions into law, eliminating burdensome Obama-era rules and regulations.

    President Trump announced U.S. withdrawal from the Paris Climate Agreement, which would have harmed America's economy and cost American workers millions of jobs.

    President Trump signed an executive order to streamline the permitting process for infrastructure projects with a goal of cutting approval time from up to 10 years to an average of 2 years.

    President Trump signed legislation to roll back burdensome Dodd-Frank regulations that harmed community banks.

    NEGOTIATING BETTER DEALS FOR THE AMERICAN PEOPLE: President Trump is negotiating fair and balanced trade deals that protect American industries and workers.

    President Trump negotiated a new trade agreement between the United States, Canada, and Mexico to replace the disastrous and outdated North American Free Trade Agreement.

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    Once enacted by Congress, the United States-Mexico-Canada Agreement (USMCA) will better serve the interests of American workers and businesses.

    USMCA will incentivize billions of dollars in auto and auto parts production in the United States and create a freer and fairer market for American agriculture.

    USMCA also includes the strongest-ever provisions on labor, environmental, digital, and intellectual property protections to reflect the realities of the 21st century economy.

    The President renegotiated the United States-Korea Free Trade Agreement to preserve and grow jobs in the American auto industry and increase American exports.

    The United States and Japan are set to begin negotiations on a United States-Japan Trade Agreement.

    President Trump is establishing a new trade relationship with the European Union (EU), working toward the elimination of tariff and non-tariff barriers to transatlantic trade.

    President Trump has established a Trade and Investment Working Group to lay the groundwork for post-Brexit trade with the United Kingdom (UK) and has notified Congress of his intent to negotiate a free trade agreement with the UK.
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