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Strong Economy Spreading Prosperity
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Tuesday night President Trump touted historically low unemployment rates in a litany of categories. He also says his tax cuts are creating economic opportunities in struggling communities and that he wants to give parents the option of moving their kids out of failing schools.
Near the beginning of his speech, Trump noted the unemployment rate is the lowest in 50 years. He also stated the unemployment rates for blacks, Hispanics, Asians, veterans and the disabled are at all-time lows. Unemployment for women stands at the lowest rate since the early 1950’s.
So how much credit does President Trump deserve? National Review Online Contributing Editor Deroy Murdock says Trump’s tax cuts and regulatory rollbacks are a big reason that employers are growing and expanding. And he also explains why Democrats refused to applaud good jobless data.
In addition, Trump says his tax cuts are spurring wealthy Americans to invest in previously neglected communities through “opportunity zones” and that is giving residents of those areas the chance to find good jobs and bring stability to their neighborhoods.
Finally, Trump made a strong push for school choice, highlighting the story of Janiyah Davis, who is trapped in a bad public school in Philadelphia. Trump awarded Davis an opportunity scholarship during his speech and challenged Congress to pass legislation that would give one million other kids the same access to better schools.
But what is the real story on opportunity zones? How do they work and what impact do they really have? And how big of an issue is school choice to parents who can’t afford to move their kids out of failing schools?
In this podcast, Murdock discusses all these questions and more with Radio America’s Greg Corombos.