search
Sections List
American Journal News

Trump's disastrous presidency crashes job growth to 6-year low

When Donald Trump became president in January 2017, he was handed an economy in the process of returning to its former place of strength and growth after being decimated by the Great Recession. But a year later, growth is slowing as Trump enacts Republican policies that failed before. After the last jobs report of 2017 […]

By Oliver Willis - January 05, 2018
Share

After the last jobs report of 2017 was released, the final tally showed that average monthly job gains for the year were 171,000. That is the lowest number that has been seen since 2010 when it was 88,000.

After Democrats passed the Recovery Act with President Barack Obama, job growth jumped to 174,000 in 2011, climbed as high as 250,000 in 2014, and still remained strong at 187,000 in his last year in office.

The new report also showed that the economy added 148,000 jobs in December, missing the 190,000 estimated by economists and well below the 250,000 jobs predicted by Ivanka Trump in a tweet touting her father’s economic record.

The wildly off the mark prediction from the first daughter echoes Trump’s propagandistic claims that “jobs are kicking in.”

What is happening? Republicans pushed through a tax bill that targets the super-rich for tax cuts, while raising taxes on the middle class. The legislation is intensely unpopular as Americans reject the fundamental unfairness of the bill drafted in private by Republicans and lobbyists. But part of that rejection is no doubt based on fears that this same set of ideas already led to disaster.

When tax cuts for the wealthy were pushed by George W. Bush and his fellow Republicans in the first years of his presidency, they were promoted as engines of economic growth. The promise was that with more money in their pockets, the wealthy would spend on the economy, promoting hiring among the middle and lower classes.

Instead, the legislation created massive deficits, accelerated income inequality, and — combined with lax oversight of the financial industry, specifically mortgages — helped to create the perfect storm of the Great Recession.

The Obama-led stimulus helped to create jobs and right America’s economy, which is relied upon by the world. The world benefitted from American leadership, and under Trump, the likelihood of American suffering triggering global strife is extremely high.

House Democratic Leader Nancy Pelosi (D-CA) rang the alarm in a statement on the jobs report, noting that “December’s lackluster jobs report shows that Americans continue to suffer under Republicans’ corporate and special interest agenda.”

She added, “Republicans in Washington squandered every opportunity to help middle class families in 2017. Instead, they decided to stack the deck further for the privileged, the powerful and special interests against the middle class.”

Sen. Martin Heinrich (D-NM), ranking member of the Joint Economic Committee, remarked in a statement, “Despite inheriting a strong and resilient economy, the president and Republicans in Congress decided to do absolutely nothing to improve the lives of working Americans in 2017.”

Trump’s policy is to deregulate, which eliminates oversight and allows business to run wild. Despite his rhetoric about “draining the swamp,” the denizens of the swamp built his economic policy and stand to benefit as the globe suffers.

Layoffs in 2017 hit 255,814, showing that Trump’s wild claims about working to bring back jobs has just been the emptiest of rhetoric. Trump has pushed against allowing DREAMers to have access to jobs, and has instead made their immigration status hang in the air as an unresolved question. Such moves affect jobs, hiring, and plans to hire more workers.

Even infrastructure, the one area where Democrats have indicated they would be open to working with Trump, has been ignored and neglected by his administration. He has done more to complain about NFL protests than the nation’s crumbling buildings.

Before the Republican tax bill was enacted, the jobs report showed warning signs about the economy. The Obama Recovery can be seen in the previous strength of the job market, along with the record-breaking stock markets.

But Trump’s obsession with repealing everything associated with Obama clearly extends to working economic policies, and as a result, millions are being lined up to suffer.


Read More
Michigan’s abortion protections aren’t safe under a 2nd Trump presidency, Emhoff says

Michigan’s abortion protections aren’t safe under a 2nd Trump presidency, Emhoff says

By Lucy Valeski, Michigan Advance - June 25, 2024
‘Democracy begins with each of us,’ Biden says at site of D-Day invasion in Normandy

‘Democracy begins with each of us,’ Biden says at site of D-Day invasion in Normandy

By Jennifer Shutt, States Newsroom - June 07, 2024
Biden campaign launches new ad focused on Affordable Care Act

Biden campaign launches new ad focused on Affordable Care Act

By Kim Lyons, Pennsylvania Capital-Star - May 08, 2024
Trump leaves door open to banning medication abortion nationwide

Trump leaves door open to banning medication abortion nationwide

By Jennifer Shutt, States Newsroom - April 30, 2024
Biden on abortion rights: President expects to give speech Tuesday on new Florida 6-week ban

Biden on abortion rights: President expects to give speech Tuesday on new Florida 6-week ban

By Mitch Perry, Florida Phoenix - April 22, 2024
Biden calls for expanded child tax credit, taxes on wealthy in $7.2 trillion budget plan

Biden calls for expanded child tax credit, taxes on wealthy in $7.2 trillion budget plan

By Jennifer Shutt, States Newsroom - March 11, 2024
AJ News
Latest
Big investors are buying up single-family homes. Sen. Sherrod Brown has a plan to stop them.

Big investors are buying up single-family homes. Sen. Sherrod Brown has a plan to stop them.

By Jesse Valentine - July 09, 2024
New Mexico Senate nom Nella Domenici earned up to $1 million renting out Connecticut home

New Mexico Senate nom Nella Domenici earned up to $1 million renting out Connecticut home

By Jesse Valentine - July 08, 2024
GOP’s Mark Robinson blames bad fathers for social ills despite own son’s criminal record

GOP’s Mark Robinson blames bad fathers for social ills despite own son’s criminal record

By Jesse Valentine - July 03, 2024
Kelly Ayotte’s history of backing Medicare cuts could be hurdle in governor’s race

Kelly Ayotte’s history of backing Medicare cuts could be hurdle in governor’s race

By Jesse Valentine - July 02, 2024
Texas Republican Ken Paxton enlisted outside group to gut rights for pregnant workers

Texas Republican Ken Paxton enlisted outside group to gut rights for pregnant workers

By Jesse Valentine - June 24, 2024
Ted Cruz leverages Trump conviction on podcast for own personal gain

Ted Cruz leverages Trump conviction on podcast for own personal gain

By Jesse Valentine - June 11, 2024
Arizona Republican Kari Lake proposes massive cuts to Medicaid and Medicare

Arizona Republican Kari Lake proposes massive cuts to Medicaid and Medicare

By Jesse Valentine - June 10, 2024
Virginia U.S. Senate candidate Hung Cao says workplace diversity is ‘Marxism’

Virginia U.S. Senate candidate Hung Cao says workplace diversity is ‘Marxism’

By Jesse Valentine - June 06, 2024
Republican Bernie Moreno’s rags-to-riches story exposed as a lie

Republican Bernie Moreno’s rags-to-riches story exposed as a lie

By Jesse Valentine - May 24, 2024
What happens to clinics after a state bans abortion? They fight to survive.

What happens to clinics after a state bans abortion? They fight to survive.

By Chabeli Carrazana and Shefali Luthra - May 22, 2024
Former Sen. Kelly Ayotte took job at Caterpillar after tax fraud probe

Former Sen. Kelly Ayotte took job at Caterpillar after tax fraud probe

By Jesse Valentine - May 21, 2024
Alabama OB-GYN residencies dropped over 20% after Dobbs, state abortion ban, says analysis

Alabama OB-GYN residencies dropped over 20% after Dobbs, state abortion ban, says analysis

By Alander Rocha, Alabama Reflector - May 21, 2024
House GOP celebrates National Police Week while pushing to defund local law enforcement

House GOP celebrates National Police Week while pushing to defund local law enforcement

By Jesse Valentine - May 16, 2024
Evolution denier Mark Robinson could reshape North Carolina’s education system

Evolution denier Mark Robinson could reshape North Carolina’s education system

By Jesse Valentine - May 16, 2024
Republican Jay Ashcroft backs anti-abortion clinics that push lies and disinformation

Republican Jay Ashcroft backs anti-abortion clinics that push lies and disinformation

By Jesse Valentine - May 14, 2024
Republican Sam Brown’s assault on teacher unions could backfire

Republican Sam Brown’s assault on teacher unions could backfire

By Jesse Valentine - May 09, 2024
Florida abortion ban puts GOP Rep. Anna Paulina Luna’s anti-choice views in spotlight

Florida abortion ban puts GOP Rep. Anna Paulina Luna’s anti-choice views in spotlight

By Jesse Valentine - May 07, 2024
Trump leaves door open to banning medication abortion nationwide

Trump leaves door open to banning medication abortion nationwide

By Jennifer Shutt, States Newsroom - April 30, 2024
Republican Caroleene Dobson wants Alabama abortion ban to go nationwide

Republican Caroleene Dobson wants Alabama abortion ban to go nationwide

By Jesse Valentine - April 30, 2024
Ohio Gov. DeWine said he didn’t know of millions in FirstEnergy support. Is it plausible?

Ohio Gov. DeWine said he didn’t know of millions in FirstEnergy support. Is it plausible?

By Marty Schladen, Ohio Capital Journal - April 29, 2024
GOP Rep. Zach Nunn suggests laws against hate crime aren’t needed

GOP Rep. Zach Nunn suggests laws against hate crime aren’t needed

By Jesse Valentine - April 15, 2024
GOP Senate candidate Hung Cao blames racial equity for Baltimore bridge tragedy

GOP Senate candidate Hung Cao blames racial equity for Baltimore bridge tragedy

By Jesse Valentine - March 29, 2024
GOP Rep. Jennifer Kiggans donates thousands to far-right extremists

GOP Rep. Jennifer Kiggans donates thousands to far-right extremists

By Jesse Valentine - March 08, 2024
Ohio senate candidate Bernie Moreno: “Absolute pro-life no exceptions.”

Ohio senate candidate Bernie Moreno: “Absolute pro-life no exceptions.”

By Jesse Valentine - March 07, 2024
Anti-China Republicans pocket thousands from Chinese owned conglomerate

Anti-China Republicans pocket thousands from Chinese owned conglomerate

By Jesse Valentine - March 04, 2024
Republican Eric Hovde makes inconsistent statements about family history

Republican Eric Hovde makes inconsistent statements about family history

By Jesse Valentine - February 26, 2024
Republican David McCormick invests millions in website that platforms Holocaust denial

Republican David McCormick invests millions in website that platforms Holocaust denial

By Jesse Valentine - February 09, 2024
Lawmakers will again take up bills expanding, tightening gun laws

Lawmakers will again take up bills expanding, tightening gun laws

By Annmarie Timmins, New Hampshire Bulletin - January 31, 2024
UAW delivers rousing presidential endorsement for Biden over ‘scab’ Trump

UAW delivers rousing presidential endorsement for Biden over ‘scab’ Trump

By Ashley Murray, States Newsroom - January 24, 2024
Republicans Sam Brown and Jeff Gunter sling mud in Nevada senate primary

Republicans Sam Brown and Jeff Gunter sling mud in Nevada senate primary

By Jesse Valentine - January 17, 2024
A Young Texas Woman Almost Died Due To The Texas Abortion Bans – Now She’s Battling To Save Other Women

A Young Texas Woman Almost Died Due To The Texas Abortion Bans – Now She’s Battling To Save Other Women

By Bonnie Fuller - January 10, 2024
Health care legislation preview: Maryland advocates want to focus on access, patients in 2024 session

Health care legislation preview: Maryland advocates want to focus on access, patients in 2024 session

By Danielle J. Brown, Maryland Matters - January 08, 2024
How GOP senate hopefuls try to excuse the  January 6 insurrection

How GOP senate hopefuls try to excuse the  January 6 insurrection

By Jesse Valentine - January 05, 2024
NH lawmakers will be taking up major voting bills this year. Here are some to watch for.

NH lawmakers will be taking up major voting bills this year. Here are some to watch for.

By Ethan DeWitt, New Hampshire Bulletin - January 04, 2024
Republican US Senate candidates want to make Trump’s tax cuts permanent 

Republican US Senate candidates want to make Trump’s tax cuts permanent 

By Jesse Valentine - December 22, 2023
Rand Paul went all in on the Kentucky governor’s race. It didn’t work.

Rand Paul went all in on the Kentucky governor’s race. It didn’t work.

By - December 15, 2023
Texas governor and attorney general do little to curb state’s chemical plant crisis

Texas governor and attorney general do little to curb state’s chemical plant crisis

By Jesse Valentine - December 08, 2023
Likely GOP Senate candidate Eric Hovde proposed tax hike for poorer workers and retirees

Likely GOP Senate candidate Eric Hovde proposed tax hike for poorer workers and retirees

By Jesse Valentine - December 07, 2023
Whitmer signs specific criminal penalties for assaulting health care workers into law

Whitmer signs specific criminal penalties for assaulting health care workers into law

By Anna Liz Nichols, Michigan Advance - December 06, 2023
105 Republicans voted to expel Santos for things Trump has also done

105 Republicans voted to expel Santos for things Trump has also done

By Jesse Valentine - December 05, 2023
For Texas Sen. Ted Cruz, another Trump term is another chance to kill Obamacare

For Texas Sen. Ted Cruz, another Trump term is another chance to kill Obamacare

By Jesse Valentine - December 04, 2023
Florida Sen. Rick Scott backs Donald Trump in revived push to repeal Obamacare

Florida Sen. Rick Scott backs Donald Trump in revived push to repeal Obamacare

By Jesse Valentine - November 30, 2023
Tate Reeves took donations from power company that hiked customer rates

Tate Reeves took donations from power company that hiked customer rates

By Jesse Valentine - November 06, 2023
Daniel Cameron ran on depoliticizing the Kentucky AG’s office. He made it more political.

Daniel Cameron ran on depoliticizing the Kentucky AG’s office. He made it more political.

By Jesse Valentine - November 03, 2023
Republican operatives sound every alarm on current trajectory of 2023 governor’s race

Republican operatives sound every alarm on current trajectory of 2023 governor’s race

By Adam Ganucheau, Mississippi Today - October 24, 2023
FactCheck: Republican Sheehy revives discredited abortion claim in Senate race

FactCheck: Republican Sheehy revives discredited abortion claim in Senate race

By Matt Volz - July 15, 2024
Lawsuit seeks to overturn Michigan’s ban on conversion therapy for minors

Lawsuit seeks to overturn Michigan’s ban on conversion therapy for minors

By Jon King, Michigan Advance - July 15, 2024
Virginia Republican Jen Kiggans backs effort to stop voting rights expansion

Virginia Republican Jen Kiggans backs effort to stop voting rights expansion

By Jesse Valentine - July 12, 2024
Republican Eric Hovde poured millions into dubious overseas ventures

Republican Eric Hovde poured millions into dubious overseas ventures

By Jesse Valentine - July 12, 2024
 Republican Monique DeSpain boasts about out-of-state support

 Republican Monique DeSpain boasts about out-of-state support

By Jesse Valentine - July 11, 2024
U.S. House candidate Rob Bresnahan donated thousands to controversial, far-right figures

U.S. House candidate Rob Bresnahan donated thousands to controversial, far-right figures

By Jesse Valentine - July 11, 2024