The latest jobs numbers appear to be pretty good for President Trump. For the month of October, the U.S. economy added 128,000 jobs, which is far higher than the 75,000 that was expected from economists, who had forecasts ranging anywhere from 55,000 jobs to 155,000. The unusually wide range is due, at least in part, to how different economists expected the General Motors strike to affect the employment numbers for suppliers and other businesses related to GM.
And while 128,000 is rather low for Trump’s administration, it’s entirely possible they will be revised up next month. You see, back in October, I wrote a similar article as this one, detailing the numbers for September and even talked about July’s and August’s numbers. In that article, I mentioned how the original jobs numbers for July were revised up from 159,000 to 166,000 and the numbers for August were revised up from 130,000 to 168,000.
Well, August’s numbers were revised once again from 168,000 to 219,000, which is far more usual for the Trump economy. What’s more, September’s jobs numbers were revised up from 136,000 to 180,000. So I really have no reason to believe that October’s jobs numbers won’t also be revised up, especially since the GM strike is now over and that means there will be more manufacturing jobs.
The unemployment rate, however, did tick up a little bit, up from last month’s 50-year-low of 3.5% to 3.6%, so not really bad whatsoever. The unemployment rate is still near the record lows and still going great.
When it comes to hourly earnings, the average went up by 0.1%, bringing the year-over-year to a 3% gain.
But there is also good news for African Americans, as described in the title. The unemployment rate for African Americans fell to a record-low 5.4% for the month of October. For black men, the unemployment rate also hit a record low of 5.1%. The previous record low for black men was 5.2%, which was set in December of 1973. The unemployment rate for black women, however, did tick up a little, from 4.6% to 4.8% in October.
Certainly, these are very good news for President Trump, as the House has voted to proceed with an impeachment inquiry, voted for entirely by the partisan majority, with bipartisan support against impeachment (granted, it was only 2 Democrats, but if even one Republican would’ve voted in favor of impeachment inquiry, the Left would’ve called it bipartisan, so let’s beat them at their own game).
As I have said multiple times in the past, you need public support in order to successfully impeach a President. Even if the House votes to impeach, the Senate will not vote to convict, so Trump will remain in office and will most likely steam roll any Democrat opponent he faces. Impeachment is usually a black stain on one’s presidency, but if it’s entirely by Democrat vote (even if some Never Trump Republican swamp-dwellers like Romney vote to remove), then that black stain becomes a badge of honor for Trump.
The swamp is so afraid and disturbed by Trump that they will go to any lengths to get rid of him, even if that means performing an illegitimate (it may be through legal means, but the process of shadow hearings, selective leaks, disallowing Trump to face his accuser and disallowing exculpatory evidence goes against due process, by which this land’s legal system functions) impeachment inquiry and impeachment vote. They haven’t been able to beat him through conventional means and are utterly desperate. The Russia gambit didn’t pay off and they made the mistake of thinking they could actually prove collusion. Now, despite knowing they can’t prove a quid pro quo in the phone call due to the release of the transcript, they decided not to wait around and jumped the shark for impeachment.
They don’t care that the public doesn’t support them on this. Like Al Green said, if Trump isn’t impeached, he will be re-elected. The irony here is that if he is impeached, he will be re-elected too.
But as I said, in order to be successful in impeaching and removing a president, you need public support. The Democrats don’t have that and likely never will with numbers like the ones we are finding. People’s economic well-being is an important issue. No Democrat cares about that, given how many of their policies they are proposing that will 100% raise people’s taxes, despite what they might try and argue.
When it comes to the economy, Trump wins. It’s for this reason that no debate or townhall really featured a section on how to improve the economy because the economy is doing so well under Trump.
We can only expect the economy to still look great under Trump’s policies, especially heading into 2020. However much the Left might try and ruin it to hurt Trump (at the cost of hurting Americans, which tells you all you need to know about how little they care about people), they can only do so much.
“Not to us, O Lord, not to us, but to your name give glory, for the sake of your steadfast love and your faithfulness!”
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