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-   -   Trump crows as rosy jobs report underscores booming economy (http://www.politicalwrinkles.com/economics/54982-trump-crows-rosy-jobs-report-underscores-booming-economy.html)

Hairy Jello 06-03-2018 05:48 PM

Re: Trump crows as rosy jobs report underscores booming economy
 
Good economic news. This'll make libs even more pissed.

The big Q is how much this'll hurt libs in the midterms.

May’s job report is really great news for America, but really bad news for Democrats. Here’s why.

President Donald Trump promised on the campaign trail to bring real life back to the American economy, and if May’s jobs report is any indication of his work nearly 18 months into office, Trump has certainly succeeded.

The report showed the American economy is growing toward a very prosperous future. And according to CNBC, that’s really great news for everyone — except Democrats.

Why is it bad for Dems?

As CNBC reported, as politicians nationwide ramp up their campaign efforts ahead of November’s midterm election no issue “is more important than the perennial issue of employment.”

“Voters who are employed are historically more likely to favor incumbents than those who are out of work,” CNBC reported.

Indeed, May’s report showed the economy added 223,000 jobs in May, pushing the unemployment rate to just 3.8 percent, a level not seen in 18 years.

In addition, the unemployment rate among African-Americans dipped to 5.9 percent, a drop of nearly one whole percentage point from April’s 6.6 percent. As NPR noted, the gap between the overall unemployment rate and the rate among African-Americans has never been smaller.

More from CNBC:

Most troubling for Democrats is that the biggest job gainers have been groups that have historically suffered from stubbornly high levels of unemployment, including younger workers, black workers and so-called marginally attached workers, whose employment is tracked by the BLS with the so-called U-6 rate. That measure includes part-time workers who want a full-time job and people who want to work but have given up looking and aren’t in the official count of the labor force.

That paints a very bleak future for Democrats, who are organizing to retake a majority in Congress, if not just the Senate where the Republican majority is much smaller than in the House. And to make matters worse, experts predict the historic job boom may go on for years.

“Business is coming alive. This could go on for a whole bunch more years, in my judgement,” White House economic advisor Larry Kudlow told CNBC.

saltwn 06-03-2018 08:08 PM

Re: Trump crows as rosy jobs report underscores booming economy
 
Quote:

Originally Posted by AZRWinger (Post 935796)
Obama's first year average is 88K. But wait, blame Bush . Let's cherry pick averages then claim Obama is superior. :rolls With Obama worshippers there is always an excuse blaming someone else for his failures. :eek
The cult of Obama worship is consistent as in consistently delusional.

the fact you ignore 20K and 260K shows you are ate up with it. :o

saltwn 06-03-2018 08:10 PM

Re: Trump crows as rosy jobs report underscores booming economy
 
Quote:

Originally Posted by Bat (Post 935817)
Lowest unemployment rate for 18 years.
Lowest unemployment rate for blacks/african-americans/negros/colored EVER since the US government has been keeping that statistic.

thank you Barack Hussein Obama :usfla
Now if we can get rid of Dumpster fire before he tanks the economy we'll be doin good. :thumbsup

saltwn 06-03-2018 08:10 PM

Re: Trump crows as rosy jobs report underscores booming economy
 
Quote:

Originally Posted by Hairy Jello (Post 935822)
Good economic news. This'll make libs even more pissed.

...

Your entire aim in life :D

Uncle Jim 06-10-2018 05:49 PM

Re: Trump crows as rosy jobs report underscores booming economy
 
Quote:

Originally Posted by lurch907 (Post 935693)
More likely they will claim it's just a carry over from b.o., just as they claimed everything bad that happened with the economy during b.o.'s term was President Bush's fault.
For the sake of full disclosure, the economic downturn during the Bush presidency (not to be confused with the continuing slide during b.o.) was partially his fault, he didn't correct the Clinton era policies that caused it.

Agreed!:nobashing

WallyWager 06-10-2018 05:54 PM

Re: Trump crows as rosy jobs report underscores booming economy
 
Quote:

Originally Posted by saltwn (Post 935835)
Your entire aim in life :D

It's pretty much what conservatism has devolved into these days. Kinda sad.

Bat 06-11-2018 06:56 PM

Re: Trump crows as rosy jobs report underscores booming economy
 
Quote:

Originally Posted by saltwn (Post 935834)
thank you Barack Hussein Obama :usfla
Now if we can get rid of Dumpster fire before he tanks the economy we'll be doin good. :thumbsup

Maybe you missed the last election Rip Van Saltwinkle. Mr. Obama isn't the President anymore and hasn't been for well over a year.

saltwn 06-11-2018 07:31 PM

Re: Trump crows as rosy jobs report underscores booming economy
 
Quote:

Originally Posted by Bat (Post 936750)
Maybe you missed the last election Rip Van Saltwinkle. Mr. Obama isn't the President anymore and hasn't been for well over a year.

any advances thus far are diddly compared to his. and trump has a stagnant economy. more factors than employment. cost of living up
mortgages, gasoline, groceries.
and the welfare he gave to rich buds is causing discussion of cutting ss retirement :mad

AZRWinger 06-12-2018 07:55 AM

Re: Trump crows as rosy jobs report underscores booming economy
 
Quote:

Originally Posted by WallyWager (Post 936565)
It's pretty much what conservatism has devolved into these days. Kinda sad.

Right, not a word about the success of Trump's economic policies just whine about how evil Conservatives are devoted to making poor little liberals mad. ;)


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