A Good Economy Is Bad for Democrats
The numbers won't blow anyone away, but they're certainly headed in the right direction.
Fresh off the socialist May Day protests, Hillary Clinton’s hilariously bad socialist/capitalist blame game and a day ahead of Karl Marx’s 200th birthday, there’s some positive news for our lower-taxed, less-regulated, free-market economy.April saw another 164,000 jobs created, which isn’t fantastic but it’s progress, and the headline unemployment rate dropped to just 3.9%, an 18-year low. The fuller measure of unemployment fell to 7.8%, a 17-year low. Black unemployment hit a new record low of 6.6% — doubly interesting in the midst of the Kanye West controversy. March’s jobs numbers were revised up from 103,000 to 135,000. Government payrolls declined by 4,000. People applying for unemployment benefits for the first time is now at the lowest level since 1973. Wages grew at an unimpressive 2.6% annualized rate, which bewilders experts, but according to the Employment Cost Index, first-quarter wages grew at the fastest pace in 11 years. That would be prior to the Democrat-caused financial collapse of 2008 for those keeping score.
The lone dark cloud was that unemployment dropped in part because more people aren’t even looking for work. As Reuters reports, “236,000 people dropped out of the labor force. The labor force participation rate, or the proportion of working-age Americans who have a job or are looking for one, fell to 62.8 percent from 62.9 percent in March.” That said, job growth can’t help but slow when the labor market is at essentially full employment.
Meanwhile, the Commerce Department recently announced its estimate for first-quarter GDP growth of 2.3%, which is better than expected. Of course, Americans who rely on nightly newscasts didn’t hear about that good news. Other news organizations spun it in a negative light for President Donald Trump.
And that right there is the key. A lot of the Leftmedia churn undermines consumer confidence, and the economy is all about confidence. To the extent Democrats — with the help of their Leftmedia allies — can erode confidence in the administration, the more they undermine the economy. The trick is for Republicans to hammer home the message of tax cuts, deregulation, and a growing economy.
Source:>>>>>>>>>>>>>>Here
One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors. -- Plato (429-347 BC)
TRY THE PATRIOT AD FREE
"FIGHTING FOR FREEDOM AND LIBERTY"
and is protected speech pursuant to the "unalienable rights" of all men, and the First (and Second) Amendment to the Constitution of the United States of America, In God we trust
Stand Up To Government Corruption and Hypocrisy
NEVER FORGET THE SACRIFICES
BY OUR VETERANS Note: We at The Patriot cannot make any warranties about the completeness, reliability, and accuracy of this information.
Don't forget to follow the Friends Of Liberty on Facebook and our Page also Pinterest, Twitter, Tumblr and Google Plus PLEASE help spread the word by sharing our articles on your favorite social networks.
LibertygroupFreedom 
The Patriot is a non-partisan, non-profit organization with the mission to Educate, protect and defend individual freedoms and individual rights.
Support the Trump Presidency and help us fight Liberal Media Bias. Please LIKE and SHARE this story on Facebook or Twitter.
WE THE PEOPLE
TOGETHER WE WILL MAKE AMERICA GREAT AGAIN!
Join The Resistance and Share This Article Now!
TOGETHER WE WILL MAKE AMERICA GREAT AGAIN!
Help us spread the word about THE PATRIOT Blog we're reaching millions help us reach millions more.
Help us spread the word about THE PATRIOT Blog we're reaching millions help us reach millions more.
No comments:
Post a Comment