As President Trump’s first year in office comes to a close, media hysteria about the grave harm he will cause to the nation and the world continues unabated – even though predictions of disaster he would supposedly cause in the past year never came to pass.
Since Donald Trump’s upset election victory in November 2016, commentators, anchors, reporters, columnists, editorial writers, op-ed writers all manner of experts have been opining on the horrors his presidency would bring about.
Gazing into their crystal balls, these sages told us: a monumental stock market crash was just around the corner; there was a good chance we were headed toward a nuclear war with North Korea; U.S. relations with nations around the world would hit a new low; investigations of Russian interference in the 2016 presidential election would create a path eventually leading to President Trump’s impeachment; and a Republican revolt in Congress would stop President Trump from winning approval for any significant legislation.
While the prophets of doom have not recanted their claims – and in fact have continued making them – the reality of President Trump’s time in office so far speaks volumes about what never happened.
Looking back at President Trump’s first year in office as it winds to a close we see the following positive developments under his leadership:
The stock market is booming. In 2017, the Dow Jones Industrial Average posted its biggest gains ever, with the most closing highs for the index in a single calendar year. Volatility diminished to historic lows and many global stock markets finished the year at or near record highs.
There’s no evidence of collusion available to the public that shows Russia worked with the Trump campaign to help Donald Trump defeat Hillary Clinton in the 2016 presidential race.
Unemployment is low. The unemployment rate of 4.1 percent is the lowest in 17 years. The labor participation rate has increased steadily throughout the year, meaning more people are getting and keeping jobs.