Trump making important economic strides |
August 25, 2017 |
By U.S. Congressman Raul Labrador
As I travel across Idaho this month – meeting
with folks in Coeur d’Alene, Lewiston, Meridian
and so many places in between – I hear a lot
about what some people call “kitchen table
issues:” jobs, the economy, education,
healthcare, retirement security, etc; how we can
make Idaho a more prosperous place to live,
work, and raise a family.
I don’t hear a lot about whatever the national
media is obsessed about these days. Never before
has the disconnect between what regular Idahoans
are focused on and what the DC elites are
focused on been greater.
And there’s a reason for that.
Idahoans, like most Americans, know our
government is broken, especially at the federal
level. We want reform. We demand reform. So it
shouldn’t be surprising when those who benefit
from the status quo want to distract us from the
reform agenda and get us talking about anything
but what the people want and what our
politicians were elected to do.
Take the economy, for instance.
While the media refuses to talk about it,
President Trump is making important strides in
growing our economy and creating a better
climate for job creation, investment, and
innovation. Working closely with a Republican
Congress, President Trump is creating the
strongest American economy in at least 15 years.
Consider:
* So far this year, more than a million jobs have been added to the
economy
* Unemployment is at a 16-year low
* Since President Trump was elected, the stock market has surged 19
percent
* In 2017, the Dow Jones Industrial Average has set an all-time record 34
times
* The Bloomberg Consumer Comfort measure recently reached a 16-year high
* The National Association of Manufacturers’ Outlook Survey recently
showed the highest two-quarter average for
manufacturing optimism in the survey’s 20-year
history
* According to June’s CNBC All-America Economic Survey, 54 percent of
Americans think their home prices will rise in
the next year.
This is not an accident. President Trump is
taking a smart approach to the economy. He is
trying to unleash the talent and ingenuity of
the private sector by reducing the cost of
government rules and regulations.
Specifically, he is using number of executive
orders to reduce and shrink government power
over the economy and unleash free enterprise.
Among other things, President Trump has nixed or
is in the process of reforming several Obama-Era
regulations on land and water use that would
have been especially detrimental to Idaho.
These include the Obama-Era power grabs
pertaining to national monuments, sage grouse
and the so-called “WOTUS Rule,” (which affected
puddles, ditches, and other water sources that
have no connection to interstate commerce).
Congress is doing its part too.
So far in 2017, the House has used the
long-dormant Congressional Review Act (CRA) over
a dozen times to repeal last-minute Obama
administration regulations, most of which would
be detrimental to the economy.
Through CRA, we were able to eliminate the
Bureau of Land Management’s Planning 2.0 Rule,
which would have given federal bureaucrats and
radical environmental groups control over land
use and resource planning in Idaho and other
Western states.
I voted for every CRA bill that has been signed
into law.
I appreciate President Trump’s commitment to
letting government get out of the way so our
citizens can grow our economy, and I will
continue working closely with him to encourage
new jobs, bolster American competitiveness, and
expand opportunity. |
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