The Economic Boost
When the American people elected President Trump and a Republican majority, they expected big things in 2017. This past year brought with it several positive changes because the Trump administration and Congress have been focused on the American people’s priorities. One of the biggest accomplishments was the first major tax reform in more than three decades. And that’s just in year one. The American economy has grown tremendously since the beginnings of President Trump’s first days in office, and the growth trend seems likely to continue into 2018.
In the early days of his Presidency, President Trump announced his intention to bring American companies back to the United States. And many followed suit. From the auto industry to the technology sector, the commitment to returning to American soil is set to bring thousands of jobs and millions of dollars in investments into the economy. What that commitment also brought was confidence for investors in the stock market. There were countless times in 2017 that the stock market reached and closed on new record numbers. In fact, 2017 was one of the best years for the stock market since 2013. All the major stock indexes rose to never before seen record numbers in 2017, thanks to this administration’s focus on deregulation and tax cuts for all Americans.
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