TRUMP EFFECT: RECORD HOLIDAY SALES NEAR $600 BILLION; Expert: Spending Pace Not Seen Since Great Recession

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GATEWAY REPORTS

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”

CBS News reported Monday night without mentioning Trump at all:
“Total retail sales this holiday season added up to a record $598 billion dollars — up $33 billion from last year.

“This is literally the best season since before the recession,” business owner Craig Johnson said. Johnson’s company, Customer Growth Partners, analyzes all things retail. He credits low unemployment and a booming stock market for this humbug-free holiday season.

“The single biggest drive of retail sales is growth in real disposable income,” he said. “And when real income goes up, people have money in their pocket and they’re able to spend it.”

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