After more than 500 days with Donald Trump as our president - with record-low unemployment and a booming economy - it's clear, Minnesota, that we can rest easy.
As a proud American business owner, I have seen firsthand the positive changes President Trump's policies are bringing to our state. Because of the president's historic tax cuts, I was able to give my employees an immediate across-the-board pay raise to help fuel their lives and advance their careers.
But it's not just my Minnesota-based company that's experiencing the benefits of the president's historic tax cuts by delivering new jobs and pay raises. Since Trump took office in January 2017, Minnesota's unemployment rate has been cut in half. In addition, unemployment in Minnesota is now at 3.1 percent, compared to 3.9 percent nationally.
In the Minneapolis-St. Paul-Bloomington area, unemployment is 2.7 percent, according to the latest Bureau of Labor Statistics report. In Carver County, where my company is headquartered, the unemployment rate has dropped from 3.8 percent to 2.6 percent since President Trump took the oath.
As of December 2017, black unemployment in Minnesota is at 7.5 percent, its lowest since the state began keeping records in 2001. Contrast this to Minnesota under the administration of President Barack Obama, when the black unemployment rate reached an all-time high of 23.5 percent nationally .
President Trump's revolutionary economic plan - including tax cuts, deregulation, and tariffs - is working in such a massive way for businesses and manufacturers throughout Minnesota that we are now seeing tangible results across sectors.
Last week, Creighton University announced that its nine-state Mid America Business Conditions Index, which includes Minnesota, jumped to an impressive 62.3 in May, up from 55.5 in April. Any number above 50 signals economic growth, and a nearly seven-point jump in a single month suggests Minnesota's economy is truly booming.
Minnesota's iron-mining industry - which saw the closure of half its mines in 2015 due to illegal Chinese steel dumping - is also expecting to see huge expansion as a result of the president's steel tariffs. Kelsey Johnson, president of the Iron Mining Association, told a Duluth TV reporter last month, "We're more optimistic about our economic situation than we've been in recent years."
Given all of this incredible economic news, it's no surprise a recent Minnesota business owners survey revealed an "almost surreally high level of optimism, with expectations of record revenues, record profitability, (a) record level of investment in their companies, and increased wages." The survey found that 64 percent of manufacturing executives anticipate economic expansion, a record high in the survey's history. It's therefore no small wonder that Minnesota's manufacturers just saw a huge surge of growth in May - counting the creation of more than 5,500 new manufacturing jobs in our state overall since President Trump took office.
We need to keep our state's economic momentum going, and the only way we can do that is by helping to elect pro-Trump candidates to the U.S. Senate and U.S. House in the midterm elections this fall. That's why President Trump visited our state for the first time as president with a rally in Duluth last week, to help the GOP win races in Minnesota.
When then-candidate Trump reached out to me in August 2016, some of my coworkers and employees were skeptical about his candidacy. But after I met with him in Trump Tower, all I could say was, "Wow!" I put my credibility on the line and went all-in for Donald Trump. It was clear his heart is committed to helping all Americans. I knew he would deliver.
President Donald Trump has not let me down. In fact, what he's accomplished so far is beyond what I ever expected.
Take it from a guy who knows all about how to rest easy. We can all rest easy with Trump helping to bring our economy back stronger than ever.
Mike Lindell is the inventor and CEO of MyPillow, which is headquartered in Chanhassen, Minn. He is also the founder of the Lindell Foundation (lindellfoundation.org) and co-founder of the Lindell Recovery Network.