A major reason Donald J. Trump is President of the United States is because more Americans saw their values and way of life come under fire from Washington D.C. politics. Congress, from both sides of the aisle, stopped listening to their constituents in favor of special interests and mainstream media. More hard working Americans of all ages and color were feeling belittled. Media information was being manipulated to embrace a progressive, socialist agenda.
Frustrated, millions of Americans didn’t buy in. They refused to “fall in line” and stepped up to vote against politics as usual. They knew that progressive equality does not produce prosperity. Voters, angry and frightened that all that they have worked for, that the families they love, the very traditions and the rules by which they have organized their lives by were in danger. Many paid a personal price for these values. They were and are not going to give it up easily.
Bush knew that this was far too risky; he asked Congress 17 times to stop Fannie & Freddie.
The following are some economic and healthcare facts Americans use to inoculate against the continuing backroom politics and rhetoric as the Trump administration “drains the swamp.”
- Democrats took over the House of Representatives and the Senate, at the very start of the 110th Congress on January 3rd 2007. At that time, the DOW Jones closed at 12,621.77.
- The gross domestic product (GDP), a primary indicator used to gauge the health of our economy was 3.5 percent. (GDP represents the total dollar value of all goods and services produced over a specific time period. It is measure of the size of the economy).
- The unemployment rate was 4.6% and George W. Bush’s economic policies set a record of 52 straight months of job growth.
- January 3rd, 2007 was also the day that Barney Frank took over the House Financial Services Committee and Chris Dodd took over the Senate Banking Committee. By no coincidence, the economy crashed 15 months later in banking and financial service industries.
- The Fannie Mae and Freddie Mac fiascoes dumped five to six trillion dollars of toxic loans on the economy. Bush knew that this was far too risky; he asked Congress 17 times to stop Fannie & Freddie. Anytime there was an attempt to reform Fannie and Freddie, Obama and the Democrats fought against it.
- Budgets do not come from the White House, they come from Congress. Until the last election, the party that controlled Congress since January 2007 was the Democrat Party. Democrats also controlled the budget process for 2008 and 2009 as well as 2010 & 2011. If the Democrats inherited any deficit, it was a 2007 deficit, which was the last of the Republican budgets. That deficit was the lowest in five years and the fourth straight decline in deficit spending. After that, Democrats in Congress took control of spending, and that included Barack Obama, who voted for the budgets.
- Last year, the the average premium costs for an employment-based insurance family plan shot up to $15,500. If President Donald Trump and Congress allowed this to continue, in just a few years the costs were projected to increase another 60 percent.
- There were many Obama promises that were not kept. Americans were assured we could keep our current plan if wanted to. Families making less than $250,000 would see no tax increase. The Affordable Health Act would not add to the deficit. Premiums would decrease.