Trump Would Put America in an Economic Recession? We’re Still in a Recession, Hillary!

June 22, 2016

Financial Expert and National Radio and Television Host Dan Celia Points to Evidence of Economic Woes and an Annihilated Middle Class, Thanks to Obama Administration Policies

PHILADELPHIA, Pa.—A day before Donald Trump’s speech from New York City this morning, during which he touched on several economic issues, Hillary Clinton on Tuesday declared with gusto that Trump would plummet the nation into an economic recession.

“Folks,” said financial expert and national radio and television host Dan Celia, “we’ve never been out of the recession.”

Celia has news for the Democratic presidential hopeful and her entire party—America has not yet climbed out of economic turmoil, thanks to the policies of the Obama administration, which has “annihilated” the middle class.

The leader of Financial Issues Stewardship Ministries (FISM, www.financialissues.org) and host of “Financial Issues” has recently talked with Fox Business’ Neil Cavuto and Charles Payne about America’s struggling economy, as well as written a column for Lifezette.com titled “Trump Would Be Better for the Economy.”

“I believe Donald Trump is a man who could bring back a thriving middle class—the kind of middle class we had after World War II, when their rise surpassed anything the world had ever seen,” Celia said. “I have never been a Donald Trump supporter, but I have always supported what is best for America. A growing middle class is a big part of that, and I believe Donald Trump could make that happen. And I know Hillary can’t or won’t.

“Apparently,” Celia continued, “most voters believe this election is about the economy and jobs. It’s easy to see that Donald Trump is by far the better choice to turn these areas around. I don’t understand how Hillary Clinton could possibly address these issues when she has repeatedly indicated that the ‘fundamental changes in America,’ which President Obama’s policies have created, align perfectly with her ideology. We need a change. We need to zero in on the real fundamentals of the economy. Do we want a stronger economy with more and better jobs? Then Hillary is not the answer. To say the outlook for our economy under Donald Trump is different than it would be under Hillary Clinton is the understatement of this election.”

Celia pointed to evidence of America’s continuing economic woes with a list of the top 10 things (and more) that don’t happen when an economy is in recovery. For example:

  1. Fewer people in the workforce
  2. Increased poverty rates
  3. Eroding wages and decreased working hours
  4. Rising health care costs
  5. A decimated middle class
  6. A crumbling national infrastructure
  7. Falling commodity prices
  8. Weak small business confidence
  9. More applications for disability benefits and food stamp participation
  10. Lower personal income and spending
Celia also says the notion that a rising minimum wage will put more money in Americans’ pockets will actually do just the opposite, as corporations and the service industry will be forced to raise prices and add more automation to pay for skyrocketing labor costs—or even eliminate jobs altogether.

“Donald Trump has it right—the minimum wage needs to be set by the states, not the federal government,” Celia wrote in a column for Townhall Finance. “Some time ago, after the minimum wage increased in California, I wrote an article expressing my amazement that nothing had been learned from what happened to the state of Washington, where the minimum wage climbed higher and higher. It wasn’t a pretty picture. In the same article, I predicted that fast-food restaurants and other industries would soon be using more automation to eliminate jobs—and that began happening almost immediately.

Celia added that the minimum wage was never designed for anyone to raise a family or to live on. It was designed as a stepping stone—an entry place into the workforce to help young people hone their skills and then find opportunities to move up. Now, some see an increase in the minimum wage as the only way to replace those lost opportunities.

“The Obama Administration has removed any opportunity for people to move up to the middle class because it’s been annihilated,” Celia said. “So now Obama—and the Democratic candidates—see an increase in the minimum wage as the only way to replace that opportunity. This economically inept ideology that has permeated Washington is front and center on the Democratic side of the presidential race. These candidates must be banking on most of the American people being as ignorant now as they were in 2008. A federal minimum wage will never help the economy. It will never create more and better jobs—in fact, it will do just the opposite.”

Get more economic insight from Dan Celia and listen to these “Financial Issues” clips:

Daily, Celia addresses important financial headlines and takes calls from around the country on his radio and television program, “Financial Issues,” which airs on more than 600 radio stations. The program is also seen on the National Religious Broadcasters (NRB) television network, reaching 45 million households, and BizTV, which reaches millions more in major markets.

Celia focuses on financial stewardship every day when talking to thousands who want to honor God with their finances. He also often educates listeners and viewers about his stock “sell” list, encouraging those who strive to be biblically responsible with their investing to sell certain stocks based on the company’s involvement in immoral or anti-biblical issues, such as having stake in Planned Parenthood funding, pornography, same-sex marriage or other matters that should be concerning to Christians.

A financial expert and author backed by decades of financial experience, Celia is personally in touch with thousands of people each week from across the country. He has worked for 35 years as an entrepreneur and businessman, and has developed a biblically responsible system of financial management with great success. Celia started his radio program in 1997 and has interviewed newsmakers, experts, lawmakers and presidential candidates. He speaks at conferences, town hall meetings and investment conferences around the country, is the author of six books and publishes a weekly newsletter.

For more on Financial Issues Stewardship Ministries, visit its web site at www.financialissues.org, itsFacebook page, the YouTube channel, Financial Issues with Dan Celia or its Twitter feed, @financialissues.

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To interview Dan Celia of Financial Issues Stewardship Ministries, contact Jen Retallick, 610-584-1096, ext. 100, Media@HamiltonStrategies.com, or Deborah Hamilton at 215-815-7716 or 610-584-1096, ext. 102.

Dan Celia is president and CEO of Financial Issues Stewardship Ministries and host of the national syndicated radio talk program “Financial Issues,” heard daily on more than 600 stations across the country and in millions of homes through NRB-TV, BIZ-TV and others. FISM believes that only revival will transform America back to its Judeo-Christian heritage and biblical values.

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