According to Labor Department job figures published late last week, the U.S. added 223,000 jobs in the month of May and the unemployment rate fell to 3.8%, way better than economists even forecasted.
The forecasted figures had the U.S. creating 190,000 nonfarm jobs and the unemployment rate staying at 3.9%.
According to the jobs report: “Among the major worker groups, the unemployment rates for adult men (3.5 percent), Blacks (5.9 percent), and Asians (2.1 percent) decreased in May. The jobless rates for adult women (3.3 percent), teenagers (12.8 percent), Whites (3.5 percent), and Hispanics (4.9 percent) changed little over the month.”
Let’s look, in particular, at the unemployment rate for African-Americans. That is a new record low and the first time in recorded history that the number is less than 6%. By the way, the previous month’s unemployment rate for African-Americans was 6.6%, a major improvement.
“In May, retail trade added 31,000 jobs… Over the year, retail trade has added 125,000 jobs… Employment in health care rose by 29,000 in May, about in line with the average monthly gain over the prior 12 months. Ambulatory health care services added 18,000 jobs over the month… Employment in construction continued on an upward trend in May (+25,000) and has risen by 286,000 over the past 12 months.”
Overall, nearly every employment sector added a significant amount of jobs.
Even average hourly earnings in the private sector (nonfarm) rose by 8 cents to $26.92, with the average hourly earnings having increased by 71 cents over the year.
And according to Breitbart: “Macroeconomic Advisers, a forecasting firm, says it now foresees the economy expanding at a robust 4 percent annual pace in the April-June quarter… That is up from its forecast last week of less than a 3 percent rate for the current quarter.”
Even Costco is choosing to raise their minimum wage to $14 an hour, close to what the Left wants to FORCE them to pay. See what happens when you don’t force people to pay more than they can afford? When they start doing better, they choose to increase wages on their own.
You may recall a time when then-President Barack Obama mocked Trump for saying he would bring back the lost jobs, with his “what magic wand does he have?” remark. I know I remember those comments. Well, as it happens, Trump’s economy has helped facilitate the return of many of those jobs, with even more jobs being created as time goes on.
The unemployment rates are at an all-time low, including for African-Americans, who are enjoying the best economic times for them in recorded history.
And with these great economic news for African-Americans, surely there are plenty of Democrats cheering for these news. Surely, they are happy that there are record low unemployment rates for African-Americans. Right?
Of course not. These are terrible news for them in more than just one way.
First, this only highlights the failures of the Obama administration, who was supposed to be the “savior” of African-Americans and help them get jobs. His numbers never even got close to Trump’s.
Second, this further makes it an uphill battle for Democrats in the midterms. When people look at the current economic climate, whether good or bad, they look at just who is in charge and is responsible for it. This is what happened in 2016. There is no doubt in my mind that at least part of the reason people voted for Trump was because they did not like what Obama had done with the economy. They didn’t want more of the same, which they figured was what Hillary was going to do. So, they voted for the opposing party to the then-President. Similarly to what they did in 2008.
Regardless of the MSM and Democrat Party’s constant attacks against the President and their vicious and vile attacks against his family (why does Samantha Bee and her writers and producers still have a job?), the people can feel and witness a different America from what they report. No matter how much Cryin’ Chuck Schumer and his fellow Democrats and Mainstream Media buddies say that Trump is destroying middle-class families and aiding the rich, the people will always notice the extra money in their wallets.
Which is precisely the reason why, this time around, the Democrats can’t credibly campaign on the state of the economy. Not a single one of them helped create it; not a single one of them voted for the tax cuts that helped people. Not a single one of them has a hand in this. So if they were to campaign on “Trump is hurting the economy”, not a single one of them can be taken seriously.
This, combined with the fact that they show their true colors on a daily basis, as well as choosing to defend MS-13 while attacking law-abiding gun-owners, and there is little to no chance of a “blue wave”.
Even people who did not vote Trump or tend to vote Democrat will see the current state of the country and realize who helped make it this way. Why do you think Trump’s approval ratings continue to rise? It’s obvious that people are more concerned with how he handles the country than how he handles his Twitter account or his speech mannerisms (both of which I love, but others do not).
Why? Because this has always been the American way. Actions over words. While people may not like Trump’s character or personality, they do like what he is doing, at least with the economy. You don’t honestly hear much complaining regarding that, other than the occasional day when the stock market has a bad day. That’s because the Left can’t credibly attack Trump for it. They can run their mouths, saying that Trump should thank Obama for the current economy, but even that argument can be easily obliterated, so they don’t run with it much.
These economic news are fantastic for anyone who doesn’t have a job badmouthing the Trump administration. They are fantastic news for people looking for work, since it’s far easier now than during the Obama years. They are fantastic news for people who don’t want to see America fall and are fantastic news for Republicans who hope to be elected this year. They just have to not be utter jackals and betray their base by unnecessarily bashing Trump.
“Every good gift and every perfect gift is from above, coming down from the Father of lights with whom there is no variation or shadow due to change.”
Author: Freddie Marinelli.
I don’t often talk much about the economy, since other areas of politics simply intrigue me more and draw all my attention and focus. Things such as the Russian dossier, the Weinstein scandal, and more recently, Manafort’s indictment (which, as I expected, shows no signs of making things worse for Trump).
But it’s important to take notice of the economy – even the Left knows this. All throughout Obama’s 8 years, they vaunted how Obama was making the greatest economic recovery in history, even though reality was entirely different. And in less than a year before Trump was even ELECTED, the economic climate is far more optimistic for the future than it ever was under Obama.
In his first six months, Trump helped create a million new jobs. I’ve seen reports that the economy is growing at a far faster rate than anticipated in the third-quarter (3.0% as opposed to the projected 2.5%), after having grown 3.1% in the second-quarter. We’ve seen the Dow Jones Industrial Average break record after record. And now, CNBC (who also reported that 3% third-quarter growth) is reporting that “Consumer confidence hits highest level since December 2000”.
“Consumer confidence rose to 125.9 in October, according to the Conference Board. The rating is at the highest level since December 2000. This accounts for Americans’ views of current economic conditions and their expectations for the next six months.”
Now, I don’t know what that rating means in terms of people. I don’t know how it’s calculated or what that number is based off of, but that matters little to the topic of this article. The number is entirely irrelevant. What I’m focusing on is the fact that CNBC is basically FORCED to report this because they simply can’t ignore the improvement Trump has made for the economy.
It’s beyond even any sort of policy. It’s about ATTITUDE. If consumer confidence is at its highest since December 2000, that means people are very HOPEFUL for the future of the economy and, by extension, the country. If anything, this is a measure as to how people feel about Trump. Trust me, the economic climate wouldn’t be this way if the media was right and most people hated Trump.
I remember CNN reporting months before the election that “Mark Cuban believes a Donald Trump victory would be a big loss for everyone with money in the stock market.” That, according to Cuban, “there is a really good chance we could see a huge, huge correction.”
Well, Donald Trump won, and the stock market SKYROCKETED the day he was elected! And it has only been going up ever since. Again, it’s been breaking record after record, as well as breaking Leftist heart after Leftist heart.
And even the Left has to take notice of it. They certainly don’t like it. They hate it, in fact. But they still have to report it, because it’s still happening. People are optimistic and confident about the direction the economy is going in. They are optimistic for the future of the country.
And that’s very different than what the MSM reports. They report that Trump’s approval numbers are horrible. That he’s the most hated man in America. That he’s going to fall and fall hard. And yet, reality is far different. People are optimistic. People like what Trump is doing and they LOVE that he’s President as opposed to Hillary, who pitifully joked that she’d be dressing up as the president for Halloween.
You and I both know that the economy can be very reactionary. We saw, upon knowing the election results, that the Dow Jones jumped up dramatically and it’s only been improving since. We’re seeing TRUE economic recovery. The media, for 8 years, had been lying about how the economy was doing. Yes, the Dow Jones was going up, but there was never any real confidence in consumers. The economy under Obama never grew to the rate it has been this year.
Trump, in less than a year as President, has done far more for the economy than Obama did in 8 years. Obama didn’t do things for the economy, he did things TO it. Trump is helping the economy, while Obama was essentially pulling a “Weekend at Bernie’s”. The economy was pretty much dying and he was dressing it up and pretending it was doing great. There was no truth to anything he said about the well-being of the economy.
And yet, despite the “savant” the media had been calling him, not once could they report that the economy was improving at these kinds of rates. They, and certainly we, know that Obama’s economy never improved at the rate Trump’s is. Of course, they hate that. But they have to report it.
If the Left ever used any sort of logic, they would conclude that what they report in terms of Trump’s popularity and approval is far from the truth. Like I said, the economy is reactionary. The economic climate is as well. If things are looking up for consumers, that means that they are liking what the future holds under Trump - something they never felt under Obama.
Alas, the Left, given their nature, will never see the logic behind my statement. They will never accept that the American people love that Trump is president. They can’t possibly accept reality. And they don’t realize that, with these reports, they’ve been closer to reality than at any other point. But they just can’t see the connection between consumer confidence and Trump’s status as President.
“For I know the plans I have for you, declares the Lord, plans for welfare and not for evil, to give you a future and a hope.”
Author: Freddie Drake.
Danielle Cross and Freddie Marinelli will bring you the TRUTH that the Left denies you. You'll live a more joyful and victorious life, because the Truth will set you free...