Addressing the elephant in the room

U.S. economy added 312,000 jobs in December MAGA

economy added

 

 

U.S. economy added 312,000 jobs in December far exceeding Wall Streets expectations for 177,000 this in spite of an up and down stock market that has posted the worst performance since the Great Depression.

The unemployment rate rose to 3.9 percent, while the labor force participation rate also rose slightly to 63.1 percent from 62.9 percent during the month. Average hourly earnings meanwhile rose by 11 cents to $27.48. Over the year, average hourly earnings have increased by a total of 84 cents, or about 3.2 percent.

Although experts categorized the gains as unsustainable, they also said it meant an economic recession may not occur as soon as once believed.

“The U.S. economy will eventually fall into recession, maybe as soon as next year, but the December employment report indicates that this isn’t going to happen anytime soon,” said David Berson, the chief economist at Nationwide.

President Trump Tweeted on the issue today saying “Great Jobs Numbers Just Announced”

The President commented earlier on Twitter in response to new House radicals calling for his impeachment.

The President acknowledged before the jobs numbers came out that the markets are being impacted by the Democrats taking over the House. Then he responded to Democrats such as  Rashida Tlaib who told her young son “I’m going to Washington to impeach the MFer.”

Trump Tweeted “How do you impeach a president who has won perhaps the greatest election of all time, done nothing wrong (no Collusion with Russia, it was the Dems that Colluded), had the most successful first two years of any president, and is the most popular Republican in party history 93%?”

The U.S. economy added 312,000 jobs. Let’s see how long it takes for Democrats to try to sell this as bad news.

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One Comment to U.S. economy added 312,000 jobs in December MAGA

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