The Real Story by DICK MORRIS, Published on DickMorris.com on April 25, 2017
The really odd thing about Trump's hundred days is that, Euclid notwithstanding, the whole is greater than the sum of its parts. The record of Trump's hundred days is much better than the sum of his actual achievements. And, in a way, that was to be expected. It is the idea of Trump, much more than the reality of his actual programs, that represents radical change. And it is a belief in the kinds of decisions he will make -- more than any specific policy reversals -- that is persuading entrepreneurs to invest money, create jobs, and take risks where they never would have done so under Obama.
Look at the comparison between the whole and its parts:
Job growth up 30% over Obama's last three months
Dow up 11%
NASDAQ up 12%
Existing home sales up 4%; New homes up 5%
Illegal border crossings down 71%
Trade deficit down 10%
Barometer of current economic conditions highest since November 2000
Biggest jump in business confidence in eight years
Quite an impressive track record.
But ObamaCare is still on the books. The Border Wall is not even begun. Trump's signature proposals are still just proposals.
So why the improvement?
Its that business people and job creators have confidence in Donald Trump. And because, on dozens of different fronts, they can see that there is a new management in town.
EPA: Get Out Of The Way
Keystone Pipeline approved
Reversing Obama regs on power plants
Rolling back vehicle emission standards
Killed regs on small streams and rivers
Seal The Border
Banned refugees from terrorist nations
5,000 new ICE agents
No federal money to sanctuary cities
Big cuts in H1-B Visas
Rescinded federal orders to local police limiting law enforcement
Formed task force on opioid abuse
Ordered study on cutting attacks on police
Imposed $3 billion in fines for illegal imports
Ordered flexibility in rules for insurance plans
Draining The Swamp
Banned lobbying by former govt employees for 5 years
Lifetime ban on lobbying for foreign goats
Cut two regulations for each new one
Eliminated rules for federal contractors
Federal hiring freeze
Audit of all federal agencies
Good measures to be sure, but hardly enough to account for the turnaround in confidence and business attitudes.
So the real change, as always, was putting Trump in the Oval Office.
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