Donald Trump's Presidency: Fixing The Economy

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Since, the beginning of Donald Trump’s Presidency, the stock market has improved increasingly and unexpectedly. Trump’s Presidency has helped improved the stock market, and a month after the election the S&P 500 witnessed a huge increase of two percent. As the charts demonstrate, Trump’s Presidency has created an unexpected improvement in the S&P 500 and Dow Jones Industrial. A solution that Trump is using to fix the economy is the creation of more jobs in the United States. While the economy is improving from the Recession in 2008, the rate of unemployment has presented a major challenge for citizens in the economy. However, with Trump’s solution to increase jobs in America, the unemployment rate has continued to decrease. "To get the economy back on track, President Trump has outlined a bold plan to create 25 million new American jobs in the next decade and return to 4 percent annual economic growth,”(Bryan para 3). Since, the recession of 2008, unemployment has decreased substantially. As the graph …show more content…

The increase in minimum wage is extremely crucial towards fixing the economy. As President Trump as mentioned, he plans to raise the minimum wage, in order to fix the economy. This process is extremely important, since inflation in prices often leads to a decrease in consumer spending by citizens on minimum wage. Recently, Trump discussed how the economy is driven by consumer spending, and workers with low incomes are less likely to spend extra money. In addition, he has demonstrated that raising the minimum wage is a strategy to help the economy increase and flourish. The use of a higher minimum wage would greatly aid citizens struggling with low levels of income. Not only will this process lead to higher levels of spending, but also increase economic growth. This process will serve not only as a benefit towards citizens on minimum wage, but also for the economy as a

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