I’ve mentioned in the past that the economy is not helped by the fact that the Federal Reserve has hiked interest rates a number of times since Trump’s presidency started (and they only raised them once during Obama’s tenure), and that they plan to raise them again, even though they don’t really know if the economy will do well enough in the future to warrant it (and I argue it hardly ever warrants it).
But regardless of how the Left might want to manipulate the economy, largely pointing towards the stock market as some sort of sign of an impending economic Armageddon, they can’t actually do as much damage to the economy as they would want.
Yeah, the stock market overall went down in the year 2018, but that’s not the biggest indication as to what the economy is looking like. Things like consumer confidence and unemployment rates and claims tend to be the more important factors.
And in that department, at least in the ones regarding jobs, the economy seems to be doing fairly well, all things considered.
Actually, that might well be an understatement.
The Bureau of Labor Statistics released the jobs numbers for December 2018, and boy do they look good.
According to CNBC: “Economists surveyed by Dow Jones had been expecting job growth of just 176,000, though they projected the unemployment rate to fall to 3.6 percent.”
In reality, the BLS reported that we saw a job growth of 312,000, far surpassing expectations. And while the unemployment rate climbed back up to 3.9%, it’s for good reason, which even CNBC admits.
“The jobless rate, which was last higher in June, rose for the right reason as 419,000 new workers entered the workforce and the labor participation rate increased to 63.1 percent.”
In other words, the reason for the increase in unemployment was not because a significant amount of people lost their jobs, but because so many new people entered the workforce in December, that the number rose significantly. It’s a more natural reason for the unemployment to rise.
Job growth wasn’t the only thing to see some gains, with wages jumping 3.2% from a year ago and 0.4% from the previous month. Payrolls growth also totaled “2.6 million in 2018, the highest since 2015 and well above the 2.2 million in 2017,” according to CNBC.
The healthcare industry saw the biggest rise in jobs, with 50,000+ jobs added in December, followed by food and beverage services with 41,000+, construction (38,000+), manufacturing (32,000+) and retail (24,000+).
The unemployment rate, as I said before, rose back up to 3.9%, with adult males currently standing at 3.6%, blacks standing at 6.6%, adult women standing at 3.5%, teenagers standing at 12.5% (which makes sense because of the increase in work force), whites standing at 3.4%, Asians at 3.3% and Hispanics at 4.4%.
Actually, that number for Hispanics ties a record-low in the BLS system, which was previously set in October of 2018. So Hispanic unemployment sits at the lowest it ever has once again.
Paul Ashworth, chief U.S. economist at Capital Economics said: “the far bigger than expected 312,000 jump in non-farm payrolls in December would seem to make a mockery of market fears of an impending recession.” He also says that the BLS report “suggests the US economy still has considerable forward momentum.”
Which really leads me to my overall point for this article. While sharing these fantastic and unexpected news regarding the jobs market is of utmost importance, I want to bring with it the main point that the Left can try as much as they want to create a recession, but if the economy is doing well, their efforts will be for naught.
Like I mentioned earlier, it doesn’t help whenever the Fed raises interest rates. It causes the economy to slow down a little and the stock markets to freak out. Some of the biggest single-day drops we’ve had were because of the Fed announcing interest rate hikes, including the latest one.
Ironically, I could consider this as a good thing for the economy as well. Now, I’m no economist, so I could well be wrong about what I’m about to say. But if the economy is doing well, with more people getting jobs and wages rising, that means more people have more money in their pockets. If the stock market goes down, or goes into a full-on crash, wouldn’t that seem like a fairly good opportunity for people to get into it, when stocks are cheaper than they normally would be, and thus make more money, which in turn would also help the economy grow even more and the stock market to climb back up?
I feel like that’d be the logical thing to occur, though that may not necessarily be what happens. People can be very panicky about the stock market. The media pointing towards the Dow Jones as a sign that Trump’s economic policies don’t work ought to provide proof of that previous statement. They think the Dow Jones is the end-all, be-all of how good the economy is, when that’s not necessarily the case.
During Obama’s years, the stock market tended to go up. But the economy was in free-fall and not getting any better. The stock market was going up, but not for the right reasons.
Lately, the stock markets are fairly volatile, going up a lot and going down a lot, not because of poor economic policies, but due to a number of things, including people being panicky about the stock market.
It’s often a self-fulfilling prophecy whenever the media says that “experts” expect a recession and the markets go down because people are so panicky. Currently, as Paul Ashworth mentioned, people think there is an impending recession, and they point towards the stock market as an indication of that coming recession.
In reality, while the stock market may be flaring, jobs are being created, wages are rising, and the economy is growing.
That’s the exact opposite of what the Left wants to see. For as much as the Left wants to see the economy crash and people suffer, there’s only so much they can do. There’s only so much the Fed can do. There’s only so much George Soros can do. There’s only so much a Democrat-controlled House of Representatives can do.
If we have solid and healthy economic policies in place, such as the ones Trump is implementing, then that will have a far greater impact on the economy than the apocalyptic alarms the Left wants to sound off.
And while I do expect the Left to create some damage in some instances because it’s simply in their nature to ruin things for everyone else, it is not up to them to decide what happens to the economy unless they have both chambers of Congress and the White House.
And the One who decides whether or not they get those things is the Almighty Himself. And even if He does put them back into those places of power, He still reigns supreme over them and knows precisely what is to come and what will occur to everyone in the end.
So the Left can manipulate the stock markets as much as they want with whatever narrative they want to drive and can have the Fed raising interest rates as often as they want, but it is God who decides whether or not they even are allowed to do anything one way or the other.
But for now, let us be thankful to the Lord that our economy is growing, more and more people are working, and they are getting some neat wage raises as well.
“Praise the Lord! Oh give thanks to the Lord, for He is good, for His steadfast love endures forever! Who can utter the mighty deeds of the Lord, or declare all His praise?”
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Author: Freddie Marinelli.
With the elections happening tomorrow, let’s take a look at the latest figures released by the Bureau of Labor Statistics (BLS) regarding our economic situation in terms of jobs created, unemployment rates, and rising wages.
According to the Bureau of Labor Statistics: “Total nonfarm payroll employment rose by 250,000 in October, and the unemployment rate was unchanged at 3.7 percent.”
That number is significantly higher compared to September’s surprisingly low number of 134,000 jobs created during the month, which was lower than anticipated. However, as I explained in the article covering the September report from the BLS, one explanation that the Bureau gives is that Hurricane Florence might have had some significant impact on the jobs numbers.
Now, at the end of the report, the Bureau informs us that they had made revisions for both September’s jobs report and August’s jobs report. In their revisions, September’s jobs report was revised down from that 134,000 to 118,000, which is not great, but indicates more jobs were created in the prior month. As the report explains, while September’s numbers were revised down, August’s numbers were revised up. August’s original number was 270,000 and was revised up to 286,000, which makes up the difference for September’s numbers.
Over the last 3 months, the average jobs gain has sat around 218,000. Over the last year, the average jobs gain has been 211,000, so seeing 250,000 in October is fantastic, as that shows higher-than-average job growth.
Moving on to unemployment rates, as I mentioned earlier, the overall rate remains unchanged at 3.7%.
For adult men, unemployment rose by 0.1 percentage points from last report’s numbers to 3.5%. For adult women, the number currently stands at 3.4%. For teenagers, the number went down significantly from 12.8% in the last report to 11.9%, so almost a complete percentage point. For whites, the number remains at 3.3%. For blacks, the number went up by 0.2 percentage points to 6.2%, which is not great. I would like to see that number go down, as we were seeing earlier this year. For Asians, the number dropped by 0.3 percentage points from 3.5% last report to 3.2%. Finally, Hispanic unemployment rate went down by 0.1 percentage points from 4.5% last report to 4.4%.
So overall, there was little to no change made to specific unemployment rates. Teenagers saw the biggest drop in unemployment, followed by small changes for Asians and Hispanics, with blacks unfortunately seeing a bit of a higher rate.
Employment in manufacturing increased by 32,000 jobs and has added 296,000 jobs throughout the year so far. Construction also rose by 30,000 in October, adding 330,000 throughout the year.
Moving on to wages, the report shows: “average hourly earnings for all employees on private nonfarm payrolls rose by 5 cents to $27.30. Over the year, average hourly earnings have increased by 83 cents, or 3.1 percent. Average hourly earnings of private-sector production and nonsupervisory employees increased by 7 cents to $22.89 in October.”
The overall economy is currently booming, largely thanks to Trump’s economic policies.
Now, I’m old enough to remember Obama saying that a stagnating America was the “new normal” and that we better get used to it. How Obama could ever have been considered to be “Presidential” at any capacity, particularly more so than Trump, is entirely beyond me. Those words appeared to be words of surrender. That we would never see greatness in our country again.
Of course, knowing Obama did everything he could to fundamentally change and destroy our country, saying that America’s best days were behind us was simply part of the whole thing. Matter of fact, I would be willing to bet at least part of the reason Trump made his slogan: “Make America Great Again” was because of Obama’s attitude and words that America will only see stagnation from that point on.
And now, only a couple of years later, we’re seeing the realization of that very slogan. Sure, there is still an awful lot of work to do. We still don’t have a wall at the southern border, largely because of RINOs and Leftists who stand in the way of our border safety, but we are doing fantastic in many other areas.
And making America’s economy boom again is a big part of Making America Great Again. It would be hard to make it great again if we are not doing well economically. It’s hard to do much with next to no money. But that is not a problem we see today, now that Obama is out of the White House.
Part of the reason I seriously doubt there will not be anything close to a blue wave tomorrow is because I believe people see the difference Trump’s economy is making. During the Obama years, the president basically wrote off manufacturing and blue-collar jobs and literally said they were never coming back. Now, they’re back and they brought some friends, too.
The fact that the Democrat Party has essentially abandoned the manufacturing industry and just about every other blue-collar industry, while Trump and the GOP have done tremendous help with regard to those industries tells me those people will not vote Democrat again, if they have in the past.
The Democrats have abandoned blue-collar workers, white people, middle-America in favor of illegal immigrants. This will come back to bite them.
Regardless of what many polls say, I don’t see a blue wave happening. Now, does that mean the Democrats could take back the House (notice how the House is the only thing they talk about, not the Senate, which begs the question of “if there is a blue wave, why would Democrats not win Senate elections too?”) and do some real damage? Yeah. There is a chance, slim as I believe it to be, that Democrats could take back the House, albeit by a relatively small majority. But regardless of how small, a majority is a majority and Democrats have shown themselves to be very dangerous when they DON’T have power. I couldn’t imagine what they would do WITH power.
Democrats winning back the House by a slim majority may not be the coveted “blue wave”, but it still can be dangerous. All logic, all rationale, indicates Republicans winning tomorrow. These great economic numbers, as we have seen, can only be achieved when Republicans are in control.
And the good news is that I do believe Republicans will definitely retain and even gain seats in the Senate, and I have faith that they will also retain the House. I won’t go by early voting statistics one way or the other because some states do not have early voting. Often times, Democrats are ahead in early voting, even when Republicans end up winning. The fact that Republicans seem to be in the lead currently doesn’t mean much to me.
Now, it goes without saying that it is our civic duty as Americans to vote, regardless of what party you vote for. But it is imperative for Republicans to take this election as seriously as we did the last one. Tomorrow, we will see if we are a nation that worries more about creating jobs or creating mobs.
So please, go out to vote. And if I may make a recommendation, vote Republican. We have seen for the last two years how toxic and flat out mentally ill and evil the Left is. And that’s when they are outside of power. We can’t let them back in power, even if by a slim majority.
I’m not saying this jobs report will definitely boost Republicans, but it should. It gives us one final reminder of one of the things we are fighting for pre-election day.
But no matter what, I am glad to see such great jobs reports throughout this year. I just hope we can continue seeing them like this, unimpeded by the damage the Democrats could cause.
“Do not be anxious about anything, but in everything by prayer and supplication with thanksgiving let your requests be made known to God.”
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Author: Freddie Marinelli
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.
Unions own the Democrat Party, we all know that. Tax payers’ money flows from your pocket to their pocket. But is it possible that the AFL-CIO is turning away from the Democrat Party to now start supporting President Trump?
Democrats abandoned the working class a long time ago. In fact, it never favored the working class – just the elites in Wall Street and the Media. But in the past their discourse, at least, was appealing to hard-working Americans.
Over the last several years, the Democrat Party has shifted its discourse to promote total depravity, such as abortion, gay marriage, transgender bathrooms and soon, pedophilia. They’ve abandoned the vast majority of Americans to promote an agenda that’s a direct attack on traditional Judeo-Christian values. The DNC is at war with Jesus and in doing so their focus shifted from the vast majority of the American population to the 0.01% of the population that’s pervert. What a dumb move! But this move tells you what the DNC’s priorities are.
Now the president of one of the largest unions in America is praising Trump’s plans on immigration. In his speech in Congress last week Trump called for a merit-based legal immigration system in an effort to revert the current downward trend in wages. AFL-CIO President Richard Trumka told Fox Business Network last week that he was pleased to see that Trump is promoting this new immigration system, something Trumka himself has been talking about for years.
If you think about it, Trump’s agenda of job creation is perfectly in line with Unions’ interests – the more jobs we create, the more union members and fees for the Unions.
It’s a basic concept that, for some reason, the left has been ignoring over the last decade or so.
Now what Trumka needs to think about moving forward is this:
What is his Union going to do with its money?
Is Trumka going to continue funneling money to democrat candidates in an effort to support the DNC pervert agenda? Or is he going to funnel money to his Union members once and for all?
Trumka needs to realize that his future is directly tied to what he’s going to do with his Union’s money. In fact, he needs to realize that the Union’s money is really Union MEMBER’S money.
To the extent that he continues to fund the democrat party, and the party continues to ignore hard-working Americans, sooner or later Union members will figure it out and Trumka will have to go. Shrinking America’s middle and working classes is not good business for Trumka.
But regardless of what he does, Trump’s mission to make America great again includes raising wages – not artificially, like democrats do when raising the minimum wage, but pragmatically by reducing the supply of workers in the market. Supply and Demand.
Trumka can be a part of this transformation, or he can be in the shadows. If Trump is to make America great again, it’s going to happen with or without Trumka’s support.
This reminds me of the Bible story about Joseph in Genesis. This is an interesting story because it tells you that no matter what people do, God’s plans cannot be diverted. If it’s God’s plan to make America great again, Trumka or no Trumka it’s going to happen.
Let me tell you the story.
Joseph was the 11th son of Jacob, and Jacob’s favorite. Joseph received his father’s attention and grace more so than the other children. One day, Joseph began having dreams about how in the future he’d rule over his family and how they'd bow down to him. His brothers were incredibly jealous and hated him – so much that, when he was about 17, Joseph was sold to the Egyptians as a slave.
Now keep reading to see God's work...
After Joseph was sold as a slave, he was sent to jail for something he didn’t do. In jail he interpreted the dreams of other prisoners. One of those prisoners was released and sent back to the palace to help the king. The king was having a recurrent dream that needed interpreting, so the former prisoner remembered Joseph and consequently Joseph was called in. He interpreted the king’s dream so accurately that he became the second in command. Joseph's interpretation of the king's dream was a prediction of 7 years of bountiful harvests followed by 7 years of severe famine. Joseph recommended to store up grain during the bountiful years.
Now it gets interesting. Keep reading...
When the famine hit Egypt it also hit Canaan, where Joseph’s father and brothers lived. Jacob, Joseph’s father, and his sons went to Egypt to buy grain...from the king! When meeting Joseph at the palace, neither Jacob nor Joseph’s brothers recognized him but they bowed down to him, thus fulfilling Joseph’s earlier prophecy.
You see, Joseph became who God created him to be and no one can stop God’s plans.
Trumka and everyone in the deep state better understand this principle.
Genesis 50:20 (Joseph to his brothers)
As for you, you meant evil against me, but God meant it for good, to bring it about that many people should be kept alive, as they are today.
Author: Daniela R.
The recent news that Carrier and Ford are keeping their investments and jobs in the US is bad news for democrats.
You see, democrats are NOT in the business of creating jobs and enabling prosperity for people. On the contrary, they’re in the business of KILLING jobs and EXPANDING POVERTY as much as they can, so that they can enslave you.
You may recall Obama actually mocked Trump during the campaign trail when Trump said he’d work to keep Carrier and Ford jobs here in the US. Here's the video:
In case you missed it, Obama’s message to Carrier employees was:
'Trump cannot bring your jobs back. What magic wand is he going to use? He can’t do that! The fact is you’re gonna lose your jobs and they’re not coming back. So the best I can do is create job training programs’...
...which is code for more POVERTY and GOVERNMENT EXPANSION.
Well, Trump just proved Obama wrong, didn’t he? And this isn’t the only thing liberals are absolutely WRONG about. That's why we created this site...
But, you see, when Obama pictures you taking a job training program he pictures you as a loser: you’re unemployed, indebted, desperate and useless and that’s why you need a training program. You can’t make it without your training program, Obama thinks, and therefore you have no hope of ever succeeding. The most you can do is get by. Have you ever seen a CEO take a training program? Do you think Steve Jobs ever took a training program?
You see, to liberals, you’re NOT a person – you’re just a small piece in their socialistic machine. You’re just an ant in the ant farm. You’re just a bee in the honeycomb. You're just a worker with no passion or aspirations. You just have to do what the government wants you to do with your life and don't dare complain. You are not an individual. You are a tool.
A training program? Really? And that’s Obama’s solution?
Obama didn’t even TRY to save those Carrier jobs. He wasn’t interested because jobs and prosperity are the OPPOSITE of what democrats want – they want you POOR and MISERABLE. To the extent that you’re prosperous, then there’s no need for a government program for you. In fact, once you're prosperous, you become their enemy. The minute you’re somewhat successful, you become the enemy – unless you become a democrat donor, of course. Democrats only like those rich people who give them money. But trust me when I say this: democrats are NOT interested in your well being, and in fact, they’re only interested in keeping you poor.
That’s the reason Donald Trump won – because most normal people want to live their lives as they please and succeed in whatever it is they’re passionate about. Democrats KILL that passion and want to make you think you’re worthless, you’re useless and therefore your only hope is a mediocre training program which will lead you to a mediocre job… if you’re lucky. That way, you’re a slave to the government.
Democrats have been pro slavery ever since they founded the Confederacy – they went to WAR against the North just to preserve slavery, for God’s sake. Slavery is in their DNA!
But you know better – you know you’re not useless or worthless. You have a family, you have dreams. DREAMS. And democrats don’t want you to dream – their policies are designed to kill your dreams and jobs so that you attend a few training programs, get food stamps and live the worst possible existence you can imagine.
This picture of you makes democrats happy. Obama would LOVE to rule a country filled with ant workers. He’s a socialist – all democrats are. And socialists don’t see you as an individual with DREAMS and HOPES. They see you as an ant worker. An ant worker. That’s who you are to them. An ant worker who needs to be told what to do.
Trump will soon be sworn into office. If he manages to really cut taxes to 15% as he promised (currently 35%, the highest in the world!), companies will have more cash. With more cash they can pay down debt and re-invest in their companies. This means more jobs. MORE JOBS.
Trump will also cut taxes for all Americans – with more jobs and more money in your pocket, you’ll be able to pay down debt, invest and spend more….which in turn, will create more jobs and prosperity. Just watch what happens in the next couple of years.
And MORE JOBS is the Democrats worst nightmare. Donald Trump is Democrats’ worst nightmare because he’ll PROVE that YOU ARE VALUABLE and YOU CAN SUCCEED WITHOUT THE GOVERNMENT, like he did.
You don’t need government. You just need the right OPPORTUNITIES. And you need God.
Philippians 4:13: I can do all things through Jesus Christ who gives me strength.
Freddie Marinelli and Danielle Cross 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...