Trump Lauds Creation of 3 Million Jobs: ‘Fake News’ Would Have Said ‘He’s Exaggerating’

By Melanie Arter | March 29, 2018 | 7:04 PM EDT

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(CNSNews.com) - During a speech in Richfield, Ohio, President Donald Trump said his administration has delivered on its promises, created 3 million jobs and eliminated job-killing regulations.

“We’re keeping our promises, and the results are in: 3 million new jobs since Election Day - 3 million. And if I would have said that to you during the campaign, where we had tremendous support in this great state, state of Ohio, if I would have said, 3 million jobs, they would have said-- the fake news -- he’s exaggerating,” he said.

“Unemployment claims are their lowest level in 45 years - 45 years. African-American unemployment has reached the lowest level ever recorded. Remember? Remember I said, ‘what do you have to lose?’ What do you have to lose? And I’m so happy about that,” Trump said.

“Hispanic-American unemployment rate has also reached the lowest levels ever recorded, and wages are rising at the fastest level ever in a decade. Finally - 19 years, 21 years. People were making, last year were making less money than they made 20 years ago. Now wages are rising, because more jobs are happening,” the president said.

He said because of his administration’s efforts to protect and grow American jobs, plants and factories are “pouring back into the country.” He mentioned Apple’s $350 billion investment in the economy through capital expenditures in the U.S. over the next five years.

Apple made the announcement in January, saying it would also be creating 20,000 new jobs in addition to its existing 84,000 jobs in the U.S.

“Apple, already the largest US taxpayer, anticipates repatriation tax payments of approximately $38 billion as required by recent changes to the tax law. A payment of that size would likely be the largest of its kind ever made,” the company said on its website.

“They can’t come back fast enough, even if you look, Apple gonna invest $350 billion. When I heard $350 billion, I said you must mean $350 million. That’s still a big plant, but they’re going to be investing $350 billion. So many others coming back with massive amounts of money. They all want to be back in the USA,” Trump said.

“A lot of them left. They’re coming back. We’ve eliminated a record number of job killing regulations. That’s one of the reasons they’re coming back. And we’re not finished yet.” he said.

“In some cases, you have statutory limitations where you have to go 30 days and wait, and then you have to go 90 days and wait, and then you have to go 15 days and wait and then you go 90 days again, and then you know what happens? We killed the regulation, and it’s a thing of beauty,” Trump said.

“And we have filled out every form, every legal application, and still actually have a long way to go on regulation, and we’re gonna have regulations. You need regulations for safety and the environment, but not where you couldn’t do anything, you couldn’t move. So I think that’s been a big, big success, and a reason for our success,” he added.

 


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