[Townhall] December 2017 ended on a strong economic note. Besides the economy growing at four percent, President Donald J. Trump signed the most extensive tax reform into law on December 22. Consumer coincidence is at a 17-year high. Unemployment is at a near two-decade low.
A CNBC survey that was released before Christmas found that for the first time in 11 years, a majority of those surveyed were optimistic about the economy. The stock market had at least 70 record closings. And jobs growth has been solid. How solid? A quarter of a million new jobs were created in December, which sent the Dow Jones to break 25,000 for the first time ever. Oh, and 2017 also saw the Dow Jones experience a 5,000-point surge, the largest annual gain in its history (via CNBC): |