On November 9, 2016, the stock market started its skyrocket. That was the day after Donald Trump was elected President of the United States. It hasn’t let up, the Dow Jones setting new record highs every few days. Likewise, consumer confidence spiked on the prospect of the Trump economic agenda being implemented.

Retail sales are up a whopping $33 billion from last year, reports Investment Watchblog. Retailers are reporting $598 billion in holiday season sales as experts claim that “Fewer people are living paycheck to paycheck.” The media, however, refused to give credit to President Trump’s pro-growth and pro-business policies, as well as the economic shot in the arm spurred by the massive GOP tax cut bill that was passed just before Christmas. Even the usually less hostile Fox News failed to give Trump any credit for the record-breaking holiday sales.

The Stock Market is setting record after record and unemployment is at a 17 year low. So many things accomplished by the Trump Administration, perhaps more than any other President in first year. Sadly, will never be reported correctly by the Fake News Media!

take our poll - story continues below

Will You Be Voting In Person November 3rd?

  • Will You Be Voting In Person November 3rd?  

  • This field is for validation purposes and should be left unchanged.
Completing this poll grants you access to Powdered Wig Society updates free of charge. You may opt out at anytime. You also agree to this site's Privacy Policy and Terms of Use.

Not surprisingly, the AP also failed to mention President Trump:

“Experts have issued rosy forecasts for the season. Shoppers seemed to be in the mood with unemployment at a 17-year low and consumer sentiment at its highest level since 2000.

…Shoppers have been spending at a pace not seen since the Great Recession, says Craig Johnson, president of retail consulting group Customer Growth Partners.”

The Wall Street Journal reported sales were up for retailers like Macy’s and Wal-Mart. The Wall Street Journal even mentioned that spending was up in all income categories, as shoppers were encouraged by rising wages and low unemployment, but failed to attribute any of the retailer’s success to President mention Trump:

Retailers are enjoying some extra Christmas cheer.

Fueled by high consumer confidence and a robust job market, U.S. retail sales in the holiday period rose at their best pace since 2011, according to Mastercard SpendingPulse, which tracks both online and in-store spending.

Sales, excluding automobiles, rose 4.9% from Nov. 1 through Christmas, compared with a 3.7% gain in the same period last year, according to the Mastercard Inc. unit, which tracks all forms of payment. E-commerce continued to drive the gains, rising 18.1%.

That newfound buoyancy is a relief to retailers—from department-store giants like Macy’s Inc. to mall favorites like Gap Inc.—that struggled through a difficult year of store closures, declining foot traffic and bankruptcies by chains including the Sports Authority, Toys ‘R’ Us and Payless Shoes.

Investors, who have abandoned many retail stocks even as the broader stock market surged, have started to return. Shares of Macy’s and Gap, for example, have jumped 24% and 18%, respectively, in the past month, compared with a 3% gain in the S&P 500. Wal-Mart Stores Inc. has rallied 40% on the year and, like online nemesis Amazon.com Inc., is trading near all-time highs.

…Unlike in past years, when spending was driven by high-income shoppers, this holiday season a broader swath of the population opened their wallets, encouraged by rising wages and low unemployment, analysts and economists said.

“Fewer people are living paycheck to paycheck,” said Chris Christopher, executive director of economic-research firm IHS Markit. “There is a lot more spending from the lower- and middle-income groups, while the upper-income groups are splurging.”

Fox Business News reported the amazing Christmas season sales, but neglected to mention President Trump’s positive effect on the economy:

Retailers are finally enjoying some Christmas cheer.

Fueled by high consumer confidence and a robust job market, U.S. retail sales in the holiday period rose at their best pace since 2011, according to Mastercard SpendingPulse, which tracks both online and in-store spending.

Sales, excluding automobiles, rose 4.9% from Nov. 1 through Christmas Eve, compared with a 3.7% gain in the same period last year, according to the Mastercard Inc. unit, which tracks all forms of payment. E-commerce continued to drive the gains, rising 18.1%.

“It started with a bang in the week leading up to Black Friday,” said Sarah Quinlan, a senior vice president of marketing insights at Mastercard. She added that retailers benefited this year from Christmas Day falling on a Monday, giving shoppers a full weekend to scoop up last-minute purchases. Dec. 23 ranked next to Black Friday in terms of spending, according to Mastercard.

Retailers are reporting record holiday sales this season of $598 billion as of Christmas Eve, fueled by confidence in the pro-business, pro-jobs economic polices of President Donald Trump of cutting Obama-era regulations and enacting major tax cuts and reforms. Yet media reports by CBS, AP and the Wall Street Journal all failed to mention President Trump in their reports on the record sales.

The Drudge Report however is leading Monday night with a photo and headline crediting Trump with the boom in sales over a link to the WSJ article that doesn’t credit Trump, “GREAT AGAIN: RETAILERS FEEL CHRISTMAS CHEER.”

The failure of the media to even mention President Trump’s policies as a factor in the record holiday sales is yet another example of why his poll numbers are low. In contrast the media gave former President Barack Obama credit for every meager sign of growth such that it was lampooned by South Park in the Margaritaville episode about the Great Recession.