Did you know? The Patriot Post is funded 100% by its readers. Help us stay front and center in the fight for Liberty and support the 2024 Year-End Campaign.

September 12, 2018

Trump Economy Spurs Record Entrepreneurship

Newly created business numbers hit a record and job openings soar. Trump’s economy is booming.

The existence of more businesses will result in the creation of more jobs, and that is exactly what has been happening in the now-robust American economy. This past July, the number of job openings hit a record of 6.94 million. This was up from June’s number of 6.82 million. The rate of people quitting their jobs rose to 2.7% among private-sector employees, which is just below the record of 2.9% set in 2001. The voluntary quit rate is indicative of a strong and growing economy because people usually switch to better paying jobs as more become available. Speaking of better pay, middle-class income hit a record high of $61,400 in 2017.

As Market Watch reports, “The U.S. economy is booming. Growth surged in the spring and has carried through summer. Unemployment is uber-low at 3.9%, layoffs are at a 50-year low and small-business owners say they are more optimistic about the economy than ever.”

All this economic growth can rightly be credited to President Donald Trump and the Republicans for their tax-cutting, deregulating, pro-growth agenda as the numbers clearly indicate, despite what Barack Obama and the Democrats claim. Take the quarterly numbers for newly created business as an example. The second quarter of 2018 saw the highest number ever recorded for new business applications at 876,201. In fact, all six quarters of Trump’s presidency have seen higher business-creation totals than any previous quarter since the government began tracking the data in 2004. And the last three quarters have all topped 800,000 new businesses created; prior to Trump no quarter had ever reached 800,000.

In the famous words of Bill Clinton’s former adviser, James Carville, “It’s the economy, stupid.” As the midterm elections near, Republicans need to be preaching this message nonstop through November, noting the fact that the only thing the Democrats are offering is the economically devastating failed ideas of socialism. Trump’s economy or Venezuela’s — the comparison couldn’t be more stark.

Who We Are

The Patriot Post is a highly acclaimed weekday digest of news analysis, policy and opinion written from the heartland — as opposed to the MSM’s ubiquitous Beltway echo chambers — for grassroots leaders nationwide. More

What We Offer

On the Web

We provide solid conservative perspective on the most important issues, including analysis, opinion columns, headline summaries, memes, cartoons and much more.

Via Email

Choose our full-length Digest or our quick-reading Snapshot for a summary of important news. We also offer Cartoons & Memes on Monday and Alexander’s column on Wednesday.

Our Mission

The Patriot Post is steadfast in our mission to extend the endowment of Liberty to the next generation by advocating for individual rights and responsibilities, supporting the restoration of constitutional limits on government and the judiciary, and promoting free enterprise, national defense and traditional American values. We are a rock-solid conservative touchstone for the expanding ranks of grassroots Americans Patriots from all walks of life. Our mission and operation budgets are not financed by any political or special interest groups, and to protect our editorial integrity, we accept no advertising. We are sustained solely by you. Please support The Patriot Fund today!


The Patriot Post and Patriot Foundation Trust, in keeping with our Military Mission of Service to our uniformed service members and veterans, are proud to support and promote the National Medal of Honor Heritage Center, the Congressional Medal of Honor Society, both the Honoring the Sacrifice and Warrior Freedom Service Dogs aiding wounded veterans, the Tunnel to Towers Foundation, the National Veterans Entrepreneurship Program, the Folds of Honor outreach, and Officer Christian Fellowship, the Air University Foundation, and Naval War College Foundation, and the Naval Aviation Museum Foundation. "Greater love has no one than this, to lay down one's life for his friends." (John 15:13)

★ PUBLIUS ★

“Our cause is noble; it is the cause of mankind!” —George Washington

Please join us in prayer for our nation — that righteous leaders would rise and prevail and we would be united as Americans. Pray also for the protection of our Military Patriots, Veterans, First Responders, and their families. Please lift up your Patriot team and our mission to support and defend our Republic's Founding Principle of Liberty, that the fires of freedom would be ignited in the hearts and minds of our countrymen.

The Patriot Post is protected speech, as enumerated in the First Amendment and enforced by the Second Amendment of the Constitution of the United States of America, in accordance with the endowed and unalienable Rights of All Mankind.

Copyright © 2024 The Patriot Post. All Rights Reserved.

The Patriot Post does not support Internet Explorer. We recommend installing the latest version of Microsoft Edge, Mozilla Firefox, or Google Chrome.