Americans feel better about the economy today than they have in decades. With a pro-business leader and majorities in Congress, jobs are plentiful and wages are rising. As Alfredo Ortiz explains at The Hill, Nancy Pelosi is on record saying that she would like to repeal the very tax reforms that have made the current strong economy possible. Why would Americans vote for that? Instead, vote to support Main Street today. Ortiz writes:
Reflecting this strong economy, the stock market is up an incredible 30 percent since Trump was elected, buoying pensions, retirement accounts, and college savings accounts. Republican policies are responsible for fueling this economic fire. Look at the tax cuts in effect this year Bringing the corporate tax rate in line with the developed world average has reversed the surge of inversions, in which American corporations relocate abroad, and returned hundreds of billions of dollars to our shores.
The new 20 percent small business tax rate has strengthened the backbone of the economy and led to a surge in entrepreneurship and Main Street growth. Most small business owners in the country describe this long overdue tax relief as a game changer, according to a Bank of America survey. Yet House Minority Leader Pelosi is on record saying she would repeal these tax cuts if Democrats retake Congress.
Outside of Washington and cable newsrooms, these economic issues are the ones Americans care about. While Democrats and the media want voters to focus on the noise of divisive social issues, the Republican majority has delivered on the signal of jobs and paychecks. The midterms elections next Tuesday are a referendum on this economy. Voters should ignore all the sideshows and make their decisions with their pocketbooks in mind because their dollars are truly on the ballot this year.
Read more here.
Nancy Pelosi has nothing to show for her decades in the House. Meanwhile, President Trump has taken an anemic economy and supercharged it in two years. Take a look at the charts below for the real story.
E.J. Smith - Your Survival Guy
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