The US Stock markets reached ANOTHER new all time record high today after the Trump administration announced that sweeping and deep tax cuts and regulatory relief will soon be here. Investors are looking forward to liberating the private sector free enterprise economy from the crushing pressure of draconian government over-regulation and taxation over the past 8 years under the Obama administration.
Over half of all American adults own stocks either directly, through mutual funds or in their retirement plans. That means between themselves and their families, about 175 million Americans are already more wealthy since President Trump was elected.
And this is just the start. President Trump has the most ambitious regulatory cutting and tax reform agenda of any president at least since Ronald Reagan, under whom the economy saw the strongest, longest economic recovery in its history.
These are exciting times for free market capitalists, investors, overburdened weary taxpayers, the 175 million ordinary moms and pops, grandmas and grandpas who own US stocks, small business owners, ordinary people and even the 144 million other Americans who don't own any stocks but who will benefit from a roaring economy with higher wages, less taxes and more competitive goods. We will finally have a government that isn't trying to crush the engine that creates jobs, creates prosperity and makes our country strong. Hallelujah!