America First Policy Institute
Pro-Growth Policies Are Creating Jobs for Americans
WASHINGTON, D.C.—The America First Policy Institute (AFPI) has released the following statement from Michael Faulkender, co-chair for American Prosperity, in response to positive economic data released this week and the Bureau of Labor Statistics data today:
“This week’s economic data and today's jobs report show that the pro-growth policies of the Trump administration are benefitting America's workers and businesses. The jobs numbers further confirm the impact with 172,000 new jobs created in May, and March and April revised upward by an additional 93,000 new jobs.
Manufacturing PMI has also reached its highest level since 2022, reflecting growing business confidence in the administration’s pro-growth and sound tax and regulatory policies. Investment drives productivity, and productivity drives jobs and real wages.
The Working Families Tax Cuts Act laid the foundation for this growth with permanent full business expensing reducing the tax burdens on businesses, lowering the cost of hiring, and incentivizing investment.
This Administration is building a durable foundation for sustained American economic growth. The remaining work involves bringing domestic, all-of-the-above energy production to full capacity to reduce the energy cost burden that American families and manufacturers still face, further reducing the costs Washington’s largesse imposes on American families and Main Street businesses, and unlocking the next leg of this expansion.”
To read more about AFPI’s policy work to reshore investment, boost the American economy, increasing housing supply, and create more jobs, click here.