August Jobs Report Smashes Democrat Hopes for Recession
How
did the Democrats, who used to fight for working Americans, become a party
where the following would be bad news for them? Take a look at the recent
United States Bureau of Labor Statistics jobs report for August 2019:
The number of people employed
increased by an astonishing 590,000. The total employment numbers reached an
all-time high of about 157.9 million. The U.S. unemployment rate held at a
historical 3.7%, a 50-year low.
Unemployment among Hispanics and
African Americans also hit an all-tine low. Whenever this stat about minorities
historically low unemployment comes out. Democrats try to say that all those
jobs are low-paying with stagnant pay, but they will likewise be sad to learn
that:
August 2019 was the 13th month in a row that wages increased by at
least 3% for the year. Wage increases for workers (3.5%) were higher than for
managers (2%).
So, a
worker earning the average hourly rate of $23.59 for a 40-hour week saw a
healthy raise of about $1,650 for the year.
Remember
Nancy Pelosi’s trashing President Trump’s tax cut? Multi-millionaire Nancy
arrogantly characterized the cut as “crumbs” for the ordinary worker. However,
in 2018, the average U.S. worker took home an average $1,400 more because of
the tax cut.
However,
all that great news did not meet the predictions of the pointy-headed purveyors
of fuzzy math we know as “economic experts.” For example, there was Obama
economist Larry Summers, who typified Democrat economic philosophy. Just before
President Trump took office, Summers referred to the health of the U.S. economy
as “the age of secular stagnation.”
The
order of the day during the age of “Obamunism” was gloom and economic
defeatism. Just like Jimmy Carter, Obama felt that our country’s best days were
behind us. Both were proved wrong—Carter by the optimism and leadership of
Ronald Reagan, Obama by a leader who saw what was going wrong and took steps to
change course.
The
course change Donald Trump ordered resulted in some dramatic successes. The new
administration slashed regulations and lowered corporate taxes. Since the end
of 2016, our nation has gained an astounding 6.1 million new jobs! Contrast
that to the previous Congressional Budget Office 10-year economic projections
of just 2 million through 2019.
Despite
those successes, the Democrats and the news media have been the “cheerleaders”
of gloom and doom. President Trump colluded with the Russians to get elected,
they said. President Trump’s tax cuts were just a gift to the wealthy, while
poorer Americans struggle while working at two jobs, they said. Economic
progress? Nope. We’re actually looking at a recession, they said.
And,
oh boy, that could mean a defeat for President Trump in 2020. In fact, the news
media seemed to actually hope for bad economic news. Normal Americans,
meanwhile, just scratched their heads in wonder. How could a recession be
imminent when most of us have more money to spend and crowds of shoppers are everywhere?
In
any case, if there is anything that personifies how out of touch Democrats are
with normal people, it’s their menagerie of presidential hopefuls. They
desperately need to change the subject. Yes, folks, the sky is falling. We are
at a tipping point in a crisis of climate change, rising oceans, and endangered
polar bears. We are all going to die.
Okay,
so the ocean level actually hasn’t swamped New Jersey yet and the average
temperature rise in the last century has been a little over one degree, but the
scientific community is 97% behind us on this: We only have 11 (or was it 12?)
years to fix this, and your Democrat leaders want to spend trillions on solar
panels, wind farms and soybean meat substitutes.
So,
basing a political party’s election platform on actually abolishing prosperity
through banning air travel and off and onshore energy production might seem odd
to some. But Democrats have been out of touch with reality since Hillary
Clinton’s and Rachel Maddow’s election night meltdown.
President
Trump has essentially triggered a brand of political post-traumatic stress
among Democrats. As they veer further into minefield of what leftists like
crazy Bernie Sanders consider as normal, President Trump will probably goad
that nutty crowd into presenting a bill of impeachment before the next
election.
The
President knows what makes those wackos tick. Democrats also know that
impeachment hearings and the bill’s subsequent death in the Senate could mean
another four years of a Trump presidency.
They
know it, but they can’t stop themselves. Their last hope was the Robert Mueller
fiasco. What’s left now is choosing the hill they want to die on.
Norb
Leahy, Dunwoody GA Tea Party Leader
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