JOBS/STATE OF THE UNION/TAXES: “Since the election, we have created 2.4 million new jobs, including 200,000 new jobs in manufacturing alone. After years of wage stagnation, we are finally seeing rising wages.
Unemployment claims have hit a 45-year low. African-American unemployment stands at the lowest rate ever recorded, and Hispanic American unemployment has also reached the lowest levels in history.
Small business confidence is at an all-time high. The stock market has smashed one record after another, gaining $8 trillion in value. That is great news for Americans’ 401k, retirement, pension, and college savings accounts.
And just as I promised the American people from this podium 11 months ago, we enacted the biggest tax cuts and reforms in American history.”
-Donald Trump, “President Donald J. Trump’s State of the Union Address,” whitehouse.gov, Jan. 30, 2018
[Note: Click to read President Trump’s 2018 State of the Union speech.]