If you want one number that encapsulates the enormity of the economic turnaround under President Donald Trump, it is this: In America, as of the end of February, there were 7.1 million unfilled jobs, according to the U.S. Bureau of Labor Statistics. This number is larger than the entire population of the state of Indiana. That is how powerful and relentless the hiring spree has been under Trump policies.
What caused the financial crisis and Great Recession? A decade later, economists still don't have a good answer. Of course, the financial bubble in the housing market was the proximate cause, but this begs the question of what inflated the bubble that burst in the first place.
The seething anger Americans feel over the college admission scandal with wealthy and well-connected families using money, influence and cheating to bump their kids up in line so they get accepted into elite schools is well justified. Yet this scheme is small potatoes compared to the real scandal on college campuses from coast to coast. That scam is how much universities are charging families once they do get in.
Alexandria Ocasio-Cortez's Green New Deal has been widely ridiculed for its massive disruption to the economy and a price tag of tens of trillions of dollars.
Remember when Democrats complained that $5.7 billion for a border wall was too expensive? Well, that's chump change compared to what many of the congressional Democrats and nearly all of those 15 declared Democrats in the presidential race are now rallying behind.
In almost every case, whenever a tariff or quota is imposed on imports, that tax is strongly supported by the domestic industry getting the protective shield from lower-priced foreign competition. The sugar industry supports sugar tariffs; textile mills lobby for tariffs on foreign clothing. The steel industry and the aluminum makers are getting rich off of the high taxes on imported metals.
President Trump gave one of his most memorable and impactful speeches two weeks ago, when he systematically dismantled the case for socialism. In that speech, he recalled the economic harm and destruction in nations that have adopted socialism, communism or Stalinism. "America will never be a socialist country," Trump pledged in his speech in Florida.
"This is the flip side (of) tax the rich, tax the rich, tax the rich. The rich leave, and now what do you do?" said New York Governor Andrew M. Cuomo on Feb. 4.
Does anyone know where all those free trade Democrats went?
Rep. Alexandria Ocasio-Cortez, New York Democrat, has released her Green New Deal plan to the nation -- and to great applause from the Democratic Party.