President Donald Trump is already showing why we elected him.
His passion for business has directly rejuvenated the economy and has helped the mining industry report its most profitable quarter in 2 years.
According to the U.S. Census Bureau, the coal industry just had its most profitable quarter in two years.
Conservative Tribune reports:
The bureau, which has tracked coal profits and losses since 2000, reported that coal mining concerns with more than $50 million in assets took in after-tax profits of $1.957 billion.
As for the same period last year, under the Obama administration, coal companies in the same category racked up $27.075 billion in losses. That’s a pretty significant turnaround.
In fact, coal companies hadn’t posted a profit in that category since the third quarter of 2014, when they managed to earn a healthy $10.258 billion.
Trump recently delivered an infrastructure speech where he gushed about the healthy American economy.
“I’m absolutely thrilled to be speaking with you on this great, great day. The miners of Pennsylvania are mining coal again,” the president told the audience.
“Washington may be 180 miles down the road, but I want you to know each and every day I’m fighting for you and all the forgotten men and women of America,” he added.
One day before that speech, Trump told a crowd in Cincinnati that he would make America great again.
“The theft of American prosperity has come to a screeching halt and a new era of American greatness is about to begin,” the president said before an audience of coal miners, steel workers, farmers and other industrial types, according to Fox News.
“It is time to recapture our legacy as a nation of builders — and to create new lanes of travel, commerce and discovery that will take us into the future.”
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