From tax cuts to China, columnist lays out Trump’s REAL presidential legacy

Democrats blamed President Donald Trump for inciting the Jan. 6 riot at the U.S. Capitol Building, which led to an unprecedented and rapid vote to make him the first president in history to be impeached twice.

But those two events should not define his legacy, argues Deroy Murdock in a column published Saturday at FoxNews.com.

Rather, during his term, Trump accomplished many other things for which he should also be remembered and credited, many of them unprecedented as well, the National Review Online contributing editor and senior fellow at the London Center for Policy Research suggested.

“A hundred years hence, history books will recall President Trump for his two impeachments and detail the deadly U.S. Capitol riot that he is accused of fomenting — never mind that he told his supporters at a rally near the White House: ‘I know that everyone here will soon be marching over to the Capitol building to peacefully and patriotically make your voices heard,’ [Emphasis added],” Murdock wrote.

“One hundred years from now, a fair-minded assessment of Trump’s presidency will recognize his abundant domestic and international accomplishments,” he added.

Among them, the president’s $1.5 trillion Tax Cuts and Jobs Act, Murdock noted, which lowered corporate tax rates to a “globally competitive 21%” and provided immediate new deductions for businesses as well as massive regulatory relief and tax cuts for most Americans. The law, as well as “Washington’s overall pro-business tone helped generate the most robust economy in U.S. history,” Murdock said.

He also touted employment under Trump, which had risen to an all-time high of nearly 159 million Americans in December 2019, before pandemic-related job losses from mandated business closures.

“Black and Hispanic unemployment sank to their lowest levels ever, with female unemployment the lowest since President Dwight Eisenhower,” Murdock wrote, adding that median household income also hit a record $68,703 annually. Wages grew sharply as well, “even as the left’s favorite adult toy, income inequality, slid for the second consecutive year under Trump, after rising under President Barack Obama.”

As wages increased, the U.S. poverty rate fell, Murdock wrote, to 10.5 percent in 2019, with black poverty falling to 18.8 percent, “its first year ever below 20%.”

Meanwhile, stock indices “soared” under “Trumponomics,” with the Dow Jones skyrocketing from 19,732 on Jan. 20, 2017 — Trump’s inaugural — to 30,814 as of Friday, for a growth rate of 56.2%. The S&P grew 66.5 percent under Trump, while the NASDAQ soared 134.6 percent.

This is spectacular news for billionaires on yachts and, more important, some 78 million Americans with IRAs, 402(k)s, traditional pensions, and other workplace retirement plans.

Trump’s approval of the Keystone XL pipeline as well as other initiatives boosted oil and gas production in the U.S. to the point where the country has become energy independent and “is now a net energy exporter.”

But rather than contributing to environmental damage, Murdock noted that “expanded natural gas production under Trump helped cut U.S. carbon dioxide emissions to their lowest level since 1985.”

Trump, along with a Republican-controlled Senate, “placed 231 constitutionalist jurists on the federal bench,” Murdock wrote. That includes three Supreme Court justices, 54 appellate judges, and 174 other judges to various federal courts.

“The 2nd (New York City), 3rd (Philadelphia), and 11th (Atlanta) circuit courts of appeals all had Democratic-nominated majorities in 2017. Trump’s designees have turned these into Republican-majority appellate bodies,” he added.

Murdock also credited the president for signing criminal justice reform, pushing school choice, expanding education savings accounts for primary school students, improving VA hospitals and service, and for becoming “the first president to address the National March for Life in person,” while blocking “Title X funds to Planned Parenthood” and “subsidies for abortions overseas.”

The Fox News contributor also praised Trump’s border wall, as well as his foreign policy accomplishments including keeping his word to move the U.S. Embassy to Jerusalem under terms of a law passed during the Clinton administration.

“Trump scrapped Obama-Biden administration’s absurd, ayatollah-friendly Iran-nuclear deal,” he wrote, as well as the “cost-rich, benefit-poor Paris Climate Accord,” both of which were initiated under Obama.

Trump “confronted China,” destroyed ISIS, made denuclearization progress with North Korea, and forced NATO countries to begin spending 2 percent of their GDP on their militaries, per their agreement.

“Future historians should focus less on Trump’s abundant self-regard and, instead, do this: Ask not what Donald J. Trump did for himself. Ask what he did for his country,” Murdock concluded.

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Jon Dougherty

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