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| Above, Trump's tax cuts and deregulation efforts are paying off for small businesses. |
It is surprising that CNBC is even reporting this, but we'll take it!
CNBC reported that small business optimism in August topped the previous number under President Ronald Reagan.
They reported:
U.S. small business optimism surged to a record in August as the tax cuts and deregulation efforts of President Donald Trump and the Republican-led Congress led to more sales, hiring and investment, according to a survey by the National Federation of Independent Business.
The NFIB Small Business Optimism Index jumped to 108.8 last month, the highest level ever recorded in the survey's 45-year history and above the previous record of 108 in 1983, set during the second year of Ronald Reagan's presidency. The August figure was up from a 107.9 reading in July.
Some are wishfully thinking that there will be a "blue surge" in November's midterm elections. I think they're whistling past the graveyard.
Frankly, every Republican up for election and re-election should be shouting this from every hilltop.
To read more, go here.
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