You think the economy is booming because Trump removed the mandate from Obamacare? FYI, that does not take effect until 2019.
FYI, Trump has instructed the IRS not to require people to complete the health care question on the tax form and not to enforce the Obamacare penalty. Those measures are in effect right now.
The economy has improved so well under Trump because of his sweeping deregulation and because he has instilled confidence and hope in the business sector by making it clear that he is their friend, not their enemy.
And the trend in falling food stamp participation began long before Trump took office. During Obama's last term it fell over 5 million. Employment peaked in 2010 at 10% and has been in a down trend for 8 years. It has been 4.1% for the last 3 months.
Yes, because once the Republicans took control of the House, they stopped Obama's agenda and imposed fiscal discipline.
Obama does deserve credit for the good things he did on the economic front: He signed the Budget Control Act of 2011. He made most of the Bush tax cuts permanent in 2013, against the advice of liberal quack economists like Paul Krugman and the nuts at the Center for American Progress. He capped the capital gains tax rate at 20%, which was lower than it was under Reagan. The sad thing is that much of Obama's good moves--much, not all--were cancelled out by his over-regulation, by Obamacare, by Dodd-Frank, etc., etc.
What is booming in the economy is the stock market, up 26% due the huge cut in taxes on corporation and the wealthy. Let me remind you the market increased 141% under Obama.
You need to consult some reliable news sources. Numerous economic indicators that have been down or stagnant are showing very positive signs since Trump came to office. I don't think you realize the degree of Trump's deregulation, which he started almost as soon as he took office. This has had a huge impact for good.
The tax cuts are not just for "huge corporations and the wealthy." Sheesh, why don't you break down and *read* the tax-cut bill. The biggest rate cuts went to the middle class by far, not to the rich. And the corporate tax cut simply brought our corporate tax rate down to the level of that in Asia and Europe (the average corporate tax rate in those regions is around 18-21%--ours is now 21%).
Another great thing that the tax cuts are doing is attracting American business money back to the U.S. from being parked overseas. The special repatriation tax rate of 15.5% is causing many companies to bring hundreds of billions of dollars in parked money back to the U.S. This has already started happening.