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Sen. Tim Scott: President Trump Built the Most Inclusive Economy Ever

August 25, 2020 By E.J. Smith - Your Survival Guy

Last night, Sen. Tim Scott, (R-SC), reminded viewers of the Republican National Convention about where the country has been, and how much progress has been made. He also reminded those watching about President Trump’s success in creating jobs for Americans before the China virus hit.

Donald Trump’s policies pushed unemployment to multi-decade lows before the China-virus hit.

I especially enjoyed Scott’s memory of learning from his mentor about business and opportunity while he was young. He said “The next year I met my mentor, John Moniz…a Chick Fil-a operator. John saw something in me that I could not see in myself, and started teaching me valuable lessons in life… Like, having a job was a good thing, but creating jobs would be better. That having an income could change my lifestyle, but creating a profit could change my community!”

I spent my high school years working at Oxford Creamery in Mattapoisett, MA, learning that each scoop of ice cream served was a small profit to the business, and a benefit to me. Learning the value of the American dream at a young age, that hard work is the key to success, changes your life forever.

Scott himself is a model of the American dream. His family, he said, “went from Cotton to Congress in one lifetime.” he told the story of his grandfather, saying “My grandfather’s 99th birthday would have been tomorrow. Growing up, he had to cross the street if a white person was coming. He suffered the indignity of being forced out of school as a third grader to pick cotton, and never learned to read or write. Yet, he lived to see his grandson become the first African American to be elected to both the United States House and Senate.”

Scott also took time to remind viewers about Joe Biden’s record in the Senate, saying:

This election is about your future, and it’s critical to paint a full picture of the records of Donald Trump and Joe Biden.
Joe Biden said if a black man didn’t vote for him, he wasn’t truly black.
Joe Biden said black people are a monolithic community.
Joe Biden said poor kids can be just as smart as white kids.
And while his words are one thing, his actions take it to a whole new level.
In 1994, Biden led the charge on a crime bill that put millions of black Americans behind bars…
President Trump’s criminal justice reform law fixed many of the disparities Biden created and made our system more fair and just for all Americans.
Joe Biden failed our nation’s Historically Black Colleges and Universities… heaping blame on them as they fought to ensure our young folks had access to higher education.
Once again, to clean up Joe Biden’s mess, President Trump signed into law historically high funding for HBCUs, as well as a bill to give them permanent funding for the first time ever!

Read the transcript of Scott’s speech here:

Good evening,

To all of you tuning in and participating in the political process, God bless you.

This isn’t how I pictured tonight, but our country is experiencing something none of us envisioned.

From a global pandemic, to the deaths of George Floyd and Breonna Taylor, 2020 has tested our nation in ways we haven’t seen for decades.

But regardless of the challenges presented to us…every four years…Americans come together to vote…To share stories of what makes our nation strong, and the lessons we have learned that can strengthen it further for our children and grandchildren.
Because while this election is between Donald Trump and Joe Biden…it is not solely about Donald Trump and Joe Biden.
It’s about the promise of America. It’s about you and me…our challenges and heartbreaks, hopes and dreams.
It’s about how we respond when tackling critical issues like police reform…when Democrats called our work a token effort, and walked out of the room during negotiations because they wanted the ISSUE more than they wanted a solution.
Do we want a society that breeds success, or a culture that cancels everything it even slightly disagrees with?
I know where I stand, because you see, I am living my mother’s American Dream.
My parents divorced when I was 7 years old. We lived in a two bedroom house with my grandparents…me, my mom and my brother sharing a room and a bed.
My mom worked 16 hours a day to keep food on the table and a roof over our heads.
She knew that if we could find the opportunity, bigger things would come.
I thought I had to use football to succeed in life…and my focus on academics faded away. I failed my freshman year of high school — four subjects…Spanish, English, world geography, and civics.
Trust me, after spending 7 years in the Senate, I know I’m not the only one in Congress who failed civics.
But even while I was failing the 9th grade… my mother always said, “when you shoot for the moon, even if you miss, you will be among the stars.” She never lost faith in me, even when I lost faith in myself. Because of her encouragement, I went to summer school and caught up.
The next year I met my mentor, John Moniz…a Chick Fil-a operator. John saw something in me that I could not see in myself, and started teaching me valuable lessons in life…
Like, having a job was a good thing, but creating jobs would be better. That having an income could change my lifestyle, but creating a profit could change my community!
He planted the seeds of what would become Opportunity Zones — this initiative the President and I worked together on is bringing over 75 billion dollars of private sector investment into distressed communities.
I took those lessons to heart…and started putting the pieces of my life together. I realized a quality education is the closest thing we have to magic in America.
That’s why I fight to this day for school choice…to make sure every child, in every neighborhood has a quality education.
I don’t care if it’s a public, private, charter, virtual or home school.
When a parent has a choice, their kid has a better chance. And the President has fought alongside me on that.
Later in life, I started my own successful small business. That’s why I know it is critical for us to have a tax code that encourages growth.
We actually saw revenues to the Treasury increase after we lowered taxes in 2017. Rest assured, Democrats do not want you to know that!
After starting my business and spending time in local government, I ran for Congress in 2010. The district is based in Charleston, South Carolina…where the Civil War started…against a son of our legendary Senator, Strom Thurmond.
You may be asking yourself how does a poor black kid…from a single parent household…run and win a race in a crowded Republican primary against a Thurmond?
Because of the evolution of the heart, in an overwhelmingly white district… the voters judged me on the content of my character, not the color of my skin.
We live in a world that only wants you to believe in the bad news… racially, economically and culturally-polarizing news.
The truth is, our nation’s arc always bends back towards fairness. We are not fully where we want to be…but thank God we are not where we used to be!
We are always striving to be better…When we stumble, and we will, we pick ourselves back up and try again.
We don’t give into cancel-culture, or the radical — and factually baseless — belief that things are worse today than in the 1860s or the 1960s.
We have work to do…but I believe in the goodness of America…the promise that all men, and all women are created equal.
And if you’re watching tonight, I’m betting you do, too.
Over the past four years, we have made tremendous progress towards that promise.
President Trump built the most inclusive economy ever. 7 million jobs created pre-COVID-19, two thirds of which went to women, African-Americans and Hispanics.
The first new, major effort to tackle poverty in a generation — Opportunity Zones. We put hard earned tax dollars back in people’s pockets by cutting their taxes, especially for single parent households like the one I grew up in – cutting single mother’s taxes 70% on average.
President Trump supported these tax cuts for those single moms, and other working families, and signed these policies into law…and our nation is better off for it.
So, I’m going to ask you…the American people…not to look simply at what the candidates say…but to look back at what they’ve done.
This election is about your future, and it’s critical to paint a full picture of the records of Donald Trump and Joe Biden.
Joe Biden said if a black man didn’t vote for him, he wasn’t truly black.
Joe Biden said black people are a monolithic community.
Joe Biden said poor kids can be just as smart as white kids.
And while his words are one thing, his actions take it to a whole new level.
In 1994, Biden led the charge on a crime bill that put millions of black Americans behind bars…
President Trump’s criminal justice reform law fixed many of the disparities Biden created and made our system more fair and just for all Americans.
Joe Biden failed our nation’s Historically Black Colleges and Universities… heaping blame on them as they fought to ensure our young folks had access to higher education.
Once again, to clean up Joe Biden’s mess, President Trump signed into law historically high funding for HBCUs, as well as a bill to give them permanent funding for the first time ever!
And now, Joe Biden wants to come for your pocketbooks…. Unless you’re a blue state millionaire.
I’m serious — that’s one of their solutions for the pandemic. They want more money from your pocket…going to help Manhattan elites and Hollywood moguls get a tax break.
Republicans, however, passed President Trump’s once-in-a-generation tax reform bill that lowered taxes for single moms, working families and those in need.
So, when it comes to what Joe Biden says he’ll do…Look at his actions. Look at his policies. Look at what he already did and did not do while he’s been in Washington for 47 years.
Ladies and gentlemen, people don’t always see those failures, because they think we’re having a policy debate on two sides of an issue.
That is not what is happening.
Our side is working on policy — while Joe Biden’s radical Democrats are trying to permanently transform what it means to be an American.
Make no mistake: Joe Biden and Kamala Harris want a cultural revolution. A fundamentally different America.
If we let them…they will turn our country into a socialist utopia…and history has taught us that path only leads to pain and misery, especially for hard-working people hoping to rise.
Instead, we must focus on the promise of the American journey. I know that journey well.
My grandfather’s 99th birthday would have been tomorrow. Growing up, he had to cross the street if a white person was coming. He suffered the indignity of being forced out of school as a third grader to pick cotton, and never learned to read or write.
Yet, he lived to see his grandson become the first African American to be elected to both the United States House and Senate.
Our family went from Cotton to Congress in one lifetime. And that’s why I believe the next American century can be better than the last.
There are millions of families like mine across this nation…full of potential seeking to live the American Dream.
And I’m here tonight to tell you that supporting the Republican ticket gives you the best chance of making that dream a reality.
God Bless you, and may God continue to bless the United States of America.
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E.J. Smith - Your Survival Guy

E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West and Paris. Please get in touch with E.J. at ejsmith@yoursurvivalguy.com To sign up for my free monthly Survive & Thrive letter, click here.
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