Saturday, November 25, 2023 4:14:56 PM
Economic Growth:
The U.S. economy experienced significant growth during this period, with a 4.2 percent increase in the second quarter of 2018 alone. For the first time in over a decade, annual growth was projected to exceed 3 percent.
Job Creation:
Over four million new jobs were created since the election, with more than 3.5 million since Trump took office. Unemployment rates for African-American, Hispanic and Asian-American demographics reached record lows during this period.
Regulatory Reform:
A focus on deregulation led to numerous actions aimed at reducing regulatory burdens on businesses and individuals alike. This included rolling back provisions of Dodd-Frank that affected credit unions and regional banks and repealing regulations through use of the Congressional Review Act.
Tax Cuts:
The Tax Cuts and Jobs Act provided significant tax relief for American families and businesses alike. It also spurred investment in previously neglected communities through establishment of opportunity zones.
Infrastructure Development:
Efforts were made to spur infrastructure development across the country through proposals that would leverage federal funds to stimulate investment.
Health Care Reforms:
Several measures were taken to reduce healthcare costs for Americans while improving quality and access to care. These include signing legislation aimed at improving mental health services and combating opioid abuse.
Trade Negotiations:
Negotiations resulted in revised trade agreements with South Korea as well as an agreement between U.S., Mexico, Canada (USMCA) replacing NAFTA.
Defense Spending:
Increased defense spending ensured military readiness while providing servicemen with their largest pay raise in nearly a decade.
Veterans Affairs Reforms:
Reforms within Veterans Affairs improved access to care for veterans while increasing transparency within VA operations.
These accomplishments reflect a focus on economic growth, deregulation, and improving services for American citizens. However, they also came with their own set of challenges and criticisms which are part of the ongoing political discourse.
Please wait for Part II.
Thx
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