by Kenneth Blackwell
The Democrats want us to believe that a recession is right around the corner — but the ongoing job growth in Ohio proves that President Trump’s policies are generating more prosperity than ever before.
In August alone, several major businesses announced plans to invest and expand in the Buckeye State. Together, those projects will create hundreds of new jobs that will further strengthen local communities.
Aerospace manufacturer Hydro-Aire Inc., for instance, is pursuing an $8.5 million expansion project in Elyria — a move that is slated to create dozens of new jobs while retaining more than 200 current employees.
Consolidated Precision Products Corp., a manufacturing juggernaut based in Cleveland, is planning to build a brand new $55 million facility in Euclid, creating 120 new manufacturing and engineering jobs.
Ohio will gain another 90 new jobs when a financial compliance software company, RIA in a Box, opens its new office in Orange Village. The move will significantly boost Ohio’s financial sector, which is currently the fifth-largest of any state in the country.
Of course, this wave of private sector growth is hardly a new phenomenon. Our state has added more than 113,000 new jobs since Donald Trump took office — and it’s all thanks to the President’s pro-growth economic policies, especially middle-class tax cuts and deregulation.
Sadly, the President’s critics are determined to overlook these economic fundamentals, just as they’ve ignored the remarkable progress this country has made throughout Trump’s presidency. For the past two and a half years, the Democrats have done everything they can to downplay the revival that President Trump’s policies have created, even arguing that they’re bound to trigger a nationwide recession. The liberal media, meanwhile, have eagerly played along with the Democrat Party’s misleading narrative by amplifying unfounded concerns about America’s economic stability.
Predictably, this disinformation campaign is intensifying as we inch closer to the 2020 presidential election — even a below-average day on Wall Street now seems to spark a flurry of news reports predicting an imminent economic downturn.
“The warning lights are flashing,” Senator Elizabeth Warren declared in July, insisting that “the odds of another economic downturn are high.”
Politico embraced a similar outlook a few weeks after that, arguing that “a recession could arrive by next year, potentially crashing into President Donald Trump’s attempt to win a second term.” The same pessimistic predictions were also made by analysts and reporters from other news organizations, including CNN, The Washington Post, and Vox.
Of course, America is no closer to a recession than the Democrats are to victory in the 2020 presidential elections — which is a long shot, indeed. In fact, many respected economists argue that the left’s recession predictions are completely unfounded, given the strength of U.S. consumer confidence and other fundamental economic indicators.
President Trump’s economic renaissance has defied the partisan pessimism of liberal hacks for more than two years. The ongoing private sector growth in states such as Ohio is a clear sign that this economic prosperity is going to be with us for a long time to come, along with Donald Trump in the White House well past 2020.
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Kenneth Blackwell served as the mayor of Cincinnati, Ohio, the Ohio State Treasurer, and Ohio Secretary of State. He currently serves on the board of directors for Club for Growth and National Taxpayers Union.
Background Photo “Ohio Statehouse” by Alexander Smith. CC BY-SA 3.0.
