5 million more jobs have been added than the CBO
projected prior to the 2016 election.
The economy added more jobs in 2019 alone than the CBO
projected would be created during the President’s first three
years in office.
The unemployment rate is 1.4 percentage points lower than
the CBO’s pre-election projection.
CREATING NEW OPPORTUNITY
Thanks to the President’s policies, millions of jobs have
been added to our economy, creating new opportunity for
every American.
Nearly 7 million jobs have been created nationwide since
President Trump’s election, including more than 500,000
manufacturing jobs.
Last year, the unemployment rate reached its lowest level in
half a century.
Unemployment rates for African Americans, Hispanic
Americans, Asian Americans, Americans without a high
school degree, and disabled Americans have logged
record lows.
The Trump economy is bringing workers off the sidelines
after they were left behind for years.
The prime-age labor force has expanded by 2.3 million
under President Trump after shrinking by almost 1.6 million
under the previous administration.
LIFTING UP ALL AMERICANS
President Trump’s pro-growth policies are reducing
inequality and benefiting Americans who were previously
left behind.
Nearly 2.5 million Americans have been lifted out of poverty,
including nearly 1.4 million children.
The poverty rates for African Americans and Hispanic
Americans hit new lows in 2018.
Wages are rising faster for the bottom 10 percent of earners
than for the top 10 percent of earners, and wage growth for
employees has surpassed wage growth for managers.
Since President Trump’s historic tax reform, the lowest
earners have enjoyed faster wage gains than every other
income group.
The net wealth held by the bottom half of households has
grown by 47 percent—more than three times the rate of
increase for the top 1 percent of households.
DELIVERING REAL GAINS
FOR FAMILIES
American families are benefiting from President Trump’s
pro-growth policies.
Real household wealth has increased by nearly $12 trillion
since the start of 2017.
The President’s historic efforts to cut costly regulations are
projected to increase household incomes by $3,100 a year.
The domestic energy boom is resulting in real savings
for families.
The shale energy revolution saves American families an
average of $2,500 a year.
The President is expanding affordable healthcare and
childcare options for families.
Eliminating the individual mandate penalty, expanding
Association Health Plans, and expanding short-term plans
are expected to generate $450 billion in economic benefits.
Doubling the Child Tax Credit has saved nearly 40 million
families an average of $2,200.
ECONOMY AND JOBS
The economy has come roaring back to life under
President Trump. The stock market has hit record high
after record high, helping more Americans build wealth
and secure their futures. Through needed tax cuts and
reform, the Administration will bring jobs back to our
country. The President is helping U.S. workers by expanding
apprenticeship programs, reforming job training programs,
and bringing businesses and educators together to ensure
high-quality classroom instruction and on-the-job training.
ACCELERATING UNITED STATES
RESEARCH AND DEVELOPMENT
President Trump’s FY 2021 Budget Commits to Double
Investments in Key Industries of the Future.
In a time of great power competition, President Trump’s FY
2021 Budget puts America in position to maintain its global
leadership in science and technology for generations to come.
The TRUMP RALLY Publication 87