Steve Moore: Trump’s first 100 days have nine big wins for the economy

This week we will record 100 days from the president Donald Trump I took a job vow. I readily acknowledge that Trump’s tariff fight caused market disruption, business disruption, and temporary loss of consumer confidence in the economy. I am also nervous about the trade war, but if Trump can lower tariffs on our main trading partners, it could end up in freer trade than he had when he took office.

What is mostly covered (probably intentionally) media And the usual economic commentators are the near-universally positive measures Trump took to promote prosperity and the almost assumption speed at which he achieved these results.

Here is a handy list of highlights on Trump’s 100-day financial results.

1. Reducing employment killings and costly regulations

Trump put an end to Joe Biden Anti-regulated assault. Biden’s regulations will cost around $20,000 new costs per family over four years. Trump’s “One Ten Os” rule rules have already saved $2,000 per family. Estimated savings have been around $180 billion so far, or about $2,000 per family over four years.

President Donald Trump’s first 100 days: Companies investing more than $1 billion in the US

2. Make Trump’s tax cuts permanent

Trump’s 2017 Tax reduction Contrary to forecasts for “billionaire tax cuts,” it was a huge factor in economic success, and generated government revenue. For the average small and medium-sized enterprise, tax rates have been reduced by 20%, with corporate tax rates falling below average from 35%, below average, below 21%. Middle-class families have saved over $2,000. Trump’s bills to make these tax cuts permanent have already passed the House and Senate, and will be on his desk for signing by this summer.

3. Replace welfare with work

If you pay people to avoid working and tax them for work, you reduce production and increase unemployment. Workforce participation rate In March 2024, it was only 62.7%. This is down from 66% just 20 years ago. Trump has already begun putting rules in place that require healthy people to get jobs, or get jobs to receive government welfare benefits, including food stamps and free health care, or be put into training programs.

These companies announced their intention to increase US production during Trump’s first 100 days

4. The development of rich natural resources in America

The United States has over $50 trillion in natural resources and is accessible through existing drilling and mining technologies. Trump has already issued an executive order to allow the treasure chest to be drilled and mined. This could raise nearly $10 trillion for the federal government in higher royals and other tax payments.

5. Provide all parents with a school choice

Test scores have declined, and the United States is no longer ranked in the top 10 in many academic performance ratings. It is an economic disaster in production. Trump is on his way to becoming “school choice president.” In his first month of office, Trump issued EOs to guide most of the $100 billion wasted in Washington by the federal government, sending that money to his state and his parents, allowing him access to the best schools, including private, bigoted,…. Charter School.

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6. Eliminating federal waste, fraud, and duplication

Under President Joe Biden and his $6 trillion expenditure, government spending reached 40% of GDP. We are moving relentlessly to become a socialist nation.

Doge, led Elon MuskAnd Trump’s budget team has already identified hundreds of billions of dollars in waste, fraudulent payments (like the Community Program), unused funds that could be returned to the Treasury Department, and the $350 billion Green Energy Slash Fund to be returned to taxpayers.

7. Enacting pro-American immigration policies

Trump, almost miraculously cut illegal border entries by 94%. Now he wants to implement a “met-based immigration system.” This visa system selects immigrants based on skills, talent, investment capital, English proficiency and level of education. Almost 40% of American businesses are started by immigrants and their children. He also wants to auction off “Gold Card” visas to raise $100 billion from people who agreed to create businesses and jobs in the United States.

8. Detaching the US from the Paris Climate Treaty

Trump once again ended our participation in the Globalist Treaty, which hurts America the most. This includes the Paris climate agreement. This is a treaty that most other countries have not followed but places a heavy burden on American businesses and workers. Trump has also pledged to end global taxation such as former Treasury Secretary Biden. Janet Yellen’s Global minimum tax.

9. Expels swamps

Less than 10% of our country’s 2.5 million federal workers worked full-time in their offices under Biden. This is despite the fact that Covid’s lockdown ended four years ago. These are employees who are often paid more than $150,000 a year to avoid showing up in the office. Trump ordered 2.4 million federal workers… to show up for work or be fired. He is already reducing the federal bureaucracy with over 100,000 employees with buyouts and strict performance standards.

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This is just a list of President Trump’s achievements, and we are sure readers can identify others.

Critics will say despite all of the success of these policies, stocks are declining and companies are in a holding pattern. But a simple reminder: in Trump’s first terminology, the Nasdaq doubled, and the Dow Jones S&P 500 I climbed over 50%.

If Trump can lower tariffs on American products and stop trade transactions that end unfair non-tax trade practices By the Chinese Others can take part in the largest stock market and economic gatherings of the present day.

Stephen Moore is a visiting researcher at the Heritage Foundation and co-founder of Unleash Prosperity. He is co-author of “The Miracles of the Trump Economy and the Plan to Unleash Prosperity Again.”