August 31, 2018

This Labor Day, Americans Workers Can Say: The Economy Is Strong

For the first time in years, American workers will be celebrating Labor Day knowing that we finally have the economic wind in our sails.

For the first time in years, American workers will be celebrating Labor Day knowing that we finally have the economic wind in our sails. Despite what liberal pundits on TV might try and spin you, President Trump’s economic policies have paved the way for lower unemployment, a return of quality American jobs from overseas, and a confident American consumer with strong purchasing power.

In July of this year, the U.S. jobless rate fell to 3.9%. This drop in unemployment means more American workers are finding jobs that will allow them to support their families and contribute to our growing economy. To illustrate just how far we’ve come, in July of 2008 the national unemployment rate was 5.8%. By July of 2012, just seven months into President Obama’s second term in the White House, the rate had increased to 8.2%.

Economic indicators have shown us that the U.S. economy grew at 4.2% in the second quarter of 2018, having been revised up from the original estimate of 4.1%. The U.S. economy is the strongest it has been in four years. The Atlanta Fed is predicting the possibility of hitting 5% GDP growth in the third quarter (July-September). Strong consumer and business spending, spurred on by the Trump tax cuts, are helping to drive the economy forward.

And with our stronger economy comes an increase in consumer confidence. The month of August saw consumer confidence rise to the highest it has been in nearly two decades. The increase in consumer confidence means more Americans are working and able to purchase those big-ticket items like automobiles and new homes.

While we have much to celebrate this Labor Day, we need to ensure that we continue to build on the fruits of our success. This means remaining committed to growing our economy and removing and preventing regulations that are harmful to small businesses and consumers. Red tape and regulatory roadblocks can still be found throughout our government — at agencies like the Environmental Protection Agency (EPA), the Department of Health and Human Services (HHS), and the Consumer Financial Protection Bureau (CFPB).

To reign in rogue agencies, political careerists, and excess regulation, it takes strong leadership. For example, prior to Mick Mulvaney’s arrival at the CFPB, the bureau was used for years as a tool to advance the liberal agenda of Sen. Elizabeth Warren and as a political operation to prepare former Director Richard Cordray for a run for Ohio governor. Thankfully, Mulvaney has been successful in implementing agency reforms to end the nearly decade of waste, fraud, and abuse that occurred on Cordray’s watch. Hopefully soon, the Senate will have an opportunity to continue to demand accountability of the CFPB by confirming Kathy Kraninger, President Trump’s nominee to lead the bureau.

Ms. Kraninger is an experienced and capable leader who has demonstrated a commitment to efficient and limited government. My hope is that she can continue Mulvaney’s work of returning the CFPB to an institution that abides by our Constitution and serves consumers by ensuring that they have access to financial services and products to make wise money choices, which leads to personal financial success and bolsters economic growth.

As working Americans across this great nation take time this weekend to celebrate the fruits of their labors, we must continue to be vigilant against enemies and barriers to this success. President Trump’s “Make America Great Again” policies are working. Now we must continue to, as the President frequently proclaims, “Keep America Great.”

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)

★ 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.