Patriots: For over 26 years, your generosity has made it possible to offer The Patriot Post without a subscription fee to military personnel, students, and those with limited means. Please support the 2023 Year-End Campaign today.

December 7, 2018

Main Street vs. Wall Street

While the stock market has been increasingly volatile, the overall economy is quite strong.

One of the reasons Donald Trump was elected president was because Barack Obama stewarded eight years of economic stagnation and Americans needed a change. True, Obama was not president when the financial crisis caused the Great Recession, but his policies ensured it was the weakest recovery on record. On the other hand, the Trump administration’s extraordinary record has the economy growing at a healthy pace.

Growth doesn’t come without growing pains, however.

The presidential contrast comes to mind with this week’s economic news. Today’s job numbers were underwhelming, with only 155,000 jobs created in November. In context, though, the headline unemployment rate can’t go much lower than its current 3.7%, so a slowdown in job creation is to be expected. Still, there’s a bright side. As The Washington Post reports, “Heightened competition [for employees] seems to be driving up wages after years of lagging since the Great Recession.”

GDP is expected to exceed 3% growth for the year — something not seen in any of Obama’s eight years. According to economic analyst Mark Hamrick, “Most measures of the U.S. economy have been holding up quite nicely.”

That doesn’t mean all is well. The stock market has endured volatile swings lately as uncertainty about global trade and Trump’s tariffs rattle investors. Now, we’re not part of the investor class and we don’t read market tea leaves, but that too brings a contrast with Obama. He talked about being “for the little guy,” yet during his tenure only Wall Street “fat cats” made bank. The market soared on his watch — Wall Street did better than fine — while Main Street suffered an economic malaise brought about by higher taxes, onerous regulation, and income redistribution galore. Millions of Americans are invested for retirement, so what happens on Wall Street certainly does affect Main Street. But by contrast, Trump, who’s supposedly only “for the fat cats,” is overseeing an economy that truly is helping Main Street even if Wall Street has to sort through some uncertainty.

Start a conversation using these share links:

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 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)


“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 © 2023 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.