Booming Economy: Unemployment Claims Stand At 50-Year-Low

In the midst of Kavanaugh’s confirmation hearings, the U.S. Labor Department released new numbers for unemployment claims.
 
The Hill reported: “Initial claims for state unemployment benefits fell to a seasonally adjusted 203,000 for the week ending Sept. 1, a drop of 10,000 from the previous week, the lowest level since December 1969, the Labor Department said on Thursday.”
 
“The four-week moving average, which is a better indicator of where the job market is headed, was 209,500, a decrease of 2,750 from the previous week, the lowest level for this average since Dec. 6, 1969 when it was 204,500.”
 
In other words, unemployment claims currently stand at a 50-year-low. This, combined with the 4.2% GDP growth for the April-June quarter, as well as the fact that there has also been a drop in Americans who have had their hours cut to part-time or simply couldn’t find a job is a strong indicator of a quickly growing economy.
 
The unemployment rate sits at 3.9%, with Hispanic unemployment sitting at a new record low of 4.5% and black unemployment sitting at 5.9% in May, which is the lowest since 1972.
 
Of course, there are a number of reasons as to why the MSM would choose against reporting this (of course, with the exception of The Hill). For one, the Kavanaugh hearing has taken the spotlight and is at the center stage of every news organization. This is actually a legitimate reason for not talking about these numbers. However, if the hearing weren’t currently in the spotlight, there isn’t a shadow of a doubt that the MSM would still choose against reporting this.
 
After all, we’ve been receiving great numbers after great numbers in terms of unemployment rates, GDP growth, consumer confidence and other indicatives of a strong economy. And yet, the Left-wing media only ever talks about the economy nowadays whenever the stock market goes down heavily in the course of a day, even if it shoots right back up the next.
 
So since these numbers are only helpful for Trump, they choose to ignore them completely, and choose to focus on nothing-burgers like the Russian collusion story, the Stormy Daniels story, (which has since been dropped pretty much completely and replaced with) the Michael Cohen story and just about anything that can even seemingly hurt Trump.
 
None of it has thus far, but they keep digging through the bottom of the barrel. Never mind that Americans today are openly admitting that they are better off today than at any point during the Obama administration, including black people, blue-collar workers and others. Never mind that America is experiencing a sort of economic revival and boom that the former President of the United States said would never return and we would have to get used to a stagnating America because that was the new “normal”.
 
I remember having talked about this multiple times, but I will bring it up again. A large majority of Americans (72%) are distrustful of the MSM, according to an Axios poll.
 
Why do you think that is? Maybe because of things like these? That the MSM focuses on nothing-burgers that are only meant to harm Trump (even if they don’t) than focusing on actual prosperity in this country?
 
Again, the MSM only talks about the economy when the stock market goes down a good bit in the course of a single day. Whenever it shoots way up, or it bounces back after a down day, they don’t cover it because it goes against their narrative.
 
But this narrative exposes a key weakness: even if they want to attack Trump on the economy, they can’t because he’s actually doing a fantastic job.
 
Trust me, if they could, they would rail Trump as much as possible on the economy. But since it’s doing so well and the American people are benefitting so much from the tax cuts, deregulations and other feats that boost the economy, the MSM is relegated to trying to credit Obama for the great economy.
 
And the funniest part is that they quickly recognize that such a thing does not work out. Oh, sure, people like Joe Scarbarough try every now and again to credit Obama for this economy, but even they are fully aware of how bad of a lie that is.
 
It’s such an easy argument to refute. If our current economic climate is because of Obama, then why weren’t we seeing it at any point during HIS administration and not AFTER he already left office after 8 YEARS?!
 
And don’t tell me Obama inherited a mess from Bush. He may have, but he did nothing to fix or rectify it. The only “indication” that Obama’s economy was good was the stock market going back up to the 17,000s by the end of his second term, but even that argument is easily refutable, as the fed didn’t raise interest rates at any point during his administration and companies were buying back their own stocks (which is the opposite of what they are currently doing because we are in an actually good economic climate where people have more money to spend).
 
Also, if Trump is destroying everything else that Obama was doing, wouldn’t he have an effect on “Obama’s” economy as well? If Obama is to credit for the current economic climate and Trump is as destructive and as bad of a POTUS as the Left claims he is, wouldn’t that have an effect on the economy?
 
So you see, the argument that Obama is to credit for any of this falls flat even within the fake news media.
 
Due to stories like that, as well as every other firestorm they want to throw at Trump, who could blame people for distrusting the media? Our country is doing great and the MSM can’t stand it and either ignore it or try to place the credit where credit is not due.
 
With how they ignore stories like this great economic boom, I’m not surprised they believe a blue wave is coming. When you sleep with dogs who have flees 24/7, you’re bound to pick up some of those flees yourself. They constantly report on things that make Trump look bad and unpopular, so they believe America thinks the same way.
 
They believe the very b.s. they want to give to you, so they think Trump is toast.
 
Meanwhile, with stories such as this booming economy and others that make Trump look like he’s keeping the promises he made on the campaign trail, I don’t see any indication of anything even remotely close to a blue wave. If anything, in the natural, these things should result in a RED wave come November.
 
Whether it happens or not remains to be seen, but that’s what should logically follow. “This party is doing great for our country? Why would we want to kick them out?”
 
Again, that’s what should logically follow, but Leftists are usually never logical, and unfortunately, there are plenty of them. Otherwise, airheads like Ocasio-Cortez would never get anywhere close to a Congressional seat.
 
John 14:27
“Peace I leave with you; my peace I give to you. Not as the world gives do I give to you. Let not your hearts be troubled, neither let them be afraid.”
 
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