Trump thought acquittal was giving him a good week. Then some very inconvenient jobs numbers came out

Trump thought acquittal was giving him a good week. Then some very inconvenient jobs numbers came out
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Donald Trump thought he was having a good week, beating impeachment and all, but now the meanies at the Labor Department took a shot at his re-election case. The Deep State’s latest jab at the president is Friday’s yearly revision of estimated job growth under Trump — the heart of his case that he deserves a second term, and the bedrock of the 56 per cent approval of his economic policies. It seems that the economy actually created 514,000 fewer jobs by March 2019 than the initial statistics projected. So instead of Trump presiding over job growth of 7 million since he took office, it’s actually 6.45 million. Put in terms the President will understand: Before the revision, he had created 1.1 million fewer jobs than his predecessor Barack Obama over the three years before Trump arrived. Now it’s 1.5 million fewer — a 20 per cent drop. Coupled with impeachment news and Trump’s bizarro performances Thursday at a White House victory event and the National Prayer Breakfast, the revisions overshadow Friday’s news that the US economy added 225,000 jobs in January, beating average forecasts of 164,000, with the unemployment rate rising to 3.6 per cent. Average hourly wages have risen 3.1 per cent over the last year before inflation, according to the Labor Department. Inflation was 2.3 per cent in 2019, eroding most income gains. Put simply, pundits routinely debunk Trump’s claim that he, alone, created an economic boom, and the revisions add to the pundits’ case. There’s […]

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