July 5, 2020
Some Good News on the Economy – Part 1
[This is a part of a speech President Trump gave on the Economy on July 2, 2020. You can read it in its entirety here.]
“Today, we received outstanding news from all over our country, really. The United States economy has added almost 5 million new jobs in the month of June. That’s shattering all expectations and shattering all records — historic records. [In the] history of our country, we’ve never added anywhere near that.
“And last month, we also broke the record, but now we shattered it. [It is] much higher than even last month. This is the largest monthly jobs gain in history. We added 2.1 million leisure and hospitality jobs, 740,000 retail jobs, 568,000 education jobs and healthcare jobs, 357,000 service jobs — and very importantly to me, because you know what’s happening with manufacturing, where we’re bring it back because we’ve made incredible trade deals — so manufacturing jobs are coming back, and we added 356,000 manufacturing jobs. Incredible. Incredible numbers. All records.
“African American workers made historic gains, the likes of which we’ve never had before, with 404,000 new jobs in June. That’s a record, and that’s the highest number ever. We had 700,000 new jobs over the last two months for African American workers; that’s the highest ever. And both — both months are the highest. We shattered last month’s record. That was a record, and we shattered it.
“Hispanic employment is up by 1.5 million jobs.
“Eighty percent of small businesses are now open. New business applications have doubled since late March. America’s economy is coming back much stronger than ever anticipated by most people, almost all people, because these numbers are being doubled and tripled over what [was] thought would be possible.
“Had we not been attacked by this virus, this horrible virus — we were doing things and had things planned that nobody else had ever even thought of: paying off debt; building numbers, the likes of which nobody has seen. And yet, next year, we’ll be in a position where, I believe, in a certain respect, I think we’ll even be stronger than we would have been because of what we’re doing. But only that strong foundation allowed us to be up here today talking about these record-setting job numbers and other numbers that we’re producing, because America’s economy is now roaring back to life like nobody has ever seen before.
“We built the greatest economy in the history of the world, and we’re now doing it again.”
“If you fully obey the Lord your God and carefully follow all his commands I give you today, the Lord your God will set you high above all the nations on earth. Then all the peoples on earth will see that you are called by the name of the Lord, and they will fear you. The Lord will grant you abundant prosperity. (Deuteronomy 28:1, 10-11; NIV)
Give Him 15 minutes in prayer:
- Thank the Lord for our nation’s economic turn-around!
- Thank the Lord for a president who honors people of all ethnicities.
- Thank the Lord that President Trump makes American workers’ welfare a priority.
- Thank the Lord that He is the one ultimately turning this economy around!
- Intercede for everyone you know who is still out of work. Pray for the blessing of the Lord to come to their house and that they will acknowledge the Lord in the blessings.
A prayer you can pray:
Lord, this is a very hopeful report from President Trump. Thank you that you are quickly turning our nation’s economy around. You have not left us to starve. Things could have been so bad! With the economy crashing so hard and fast, I am sure that the nation’s enemies were watching like vultures waiting to pick us off. However, that was not Your plan, and we are grateful! It looks like we are headed back into a recovery as fast as we turned downward.
We want to thank You in Your wisdom, for giving us a businessman as a President through this season. We are sure that politicians would not have known what to do to get us back on track. President Trump was not afraid. He has tried to navigate a very sensitive balance between opening things up economically and keeping people safe in their health. There have not been easy answers, but the numbers show us such a benefit. God, keep Americans well and whole as we go back to work. Let us be careful to follow the parameters we have learned, so we can prosper in the middle of this viral attack. We know that You are ultimately the one our praise goes to! We honor You in Jesus’ Name. Amen.
If we continue to humbly seek the Lord, He will bless our economy.
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