President Donald Trump is not yet satisfied with the nation's economy despite the gains that have been made since he was sworn in, Labor Secretary Eugene Scalia said Friday.
"It is important for people to understand that as strong as this economy is right now, the president is not satisfied," Scalia told Fox News' "America's Newsroom." "He is not resting content with it. There is more we want to do."
Scalia pointed out that the annual report of the White House Council of Economic Advisors, released on Thursday, confirms with "all sorts of data and statistics" that under Trump, "we've got really a historic economy right now."
"We're seeing record-low unemployment, we're seeing rising wages, we're seeing more people come into the workforce, and we're seeing wages rising and rising higher for people who historically have been paid less, so it's really chock-full of good news," Scalia said.
But still, there is more to come.
The U.S.-Mexico-Canada Agreement (USMCA) and the phase one of the China trade deal will help American workers and farmers, and even now, "we're laying the foundation at the start of this year for another strong year," Scalia said.
Meanwhile, former President Barack Obama tweeted recently about signing the legislation 11 years ago that led to a decade of good economic conditions, and Scalia said he does agree that the economy is strong.
"The Congressional Budget Office, bipartisan, what they said in August of 2016 just before the election [was] that right now we would have 4.9% unemployment and that we would have created 1.9 million jobs," said Scalia. "We're at 3.6% unemployment and we've created 6.6 million jobs as a nation since the president took office. We're doing much better than projected. What changed? The president changed, policy changed."
Sandy Fitzgerald ✉
Sandy Fitzgerald has more than three decades in journalism and serves as a general assignment writer for Newsmax covering news, media, and politics.
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