Chairman of the Council of Economic Advisers Kevin Hassett Educates the White House Press As To Who and What Is Responsible for Amazing Economy
WANT TO LEARN WHO REALLY IS RESPONSIBLE FOR THE CURRENT THRIVING ECONOMY …
Watch the video below and you will see a masterful job by Chairman of the Council of Economic Advisers Kevin Hassett educate the liberal White House press as to when and where and who and why the economy is doing so well today. Unemployment is at 3.8%, we have had record low unemployment for Africa-Americans and Hispanics. Millions of jobs being created including manufacturing ones who Obama said would never return. Business and consumer confidence is up. Last quarters GDP was 4.2%. The DOW hit yet another record high today of 26,743.50, up 86.52.
Kevin Hassett goes through chart after chart showing the trend lines that distinctly indicate during who’s presidency the amazing gains have been made. Please watch. What is rather ironic is Obama is taking credit for things in the economy that he claimed would never happen again. President Trump has reversed many of the economy killing regulations.
Hey Barack Obama, you didn’t build it!
Remember when Obama mocked Donald Trump prior to the 2016 elections, stating the jobs were not coming back and how could he make such claims come true. Remember when Obama stated, what does he have a magic wand? It would appear he did Barack. It just goes to show just how clueless Obama was in the economy and job creation.
MORE AMAZING ECONOMIC NEW BROUGHT TO YOU BY THE TRUMP ECONOMY …
As reported at CNBC, the number of Americans filing for unemployment benefits fell last week, hitting near a 49-year low of 201,000. That is the lowest level since November 1969. The rate of layoffs in the U.S. have been declining for years and are now near the lowest levels in half a century.
This is why you elected Donald Trump president. He can only continue the amazing economy with a Republican, and more so Conservative Republican House and Senate.
The number of Americans filing for unemployment benefits unexpectedly fell last week, hitting near a 49-year low in a sign the job market remains strong.
Initial claims for state unemployment benefits fell by 3,000 to a seasonally adjusted level of 201,000 for the week ended Sept. 15, the Labor Department said on Thursday. That is the lowest level since November 1969. Data for the prior week’s claims was unrevised.
Economists polled by Reuters had forecast claims rising to 210,000 in the latest week.
The Labor Department said only claims for Hawaii were estimated last week. The four-week moving average of initial claims, considered a better measure of labor market trends as it irons out week-to-week volatility, declined by 2,250 to 205,750 last week, the lowest level since December 1969.
America, wake up. Under President Donald J. Trump we have not seen these finds of economic numbers in half a century. This is historic. Unemployment benefit claims at record lows, black unemployment at record lows, Hispanic unemployment at record lows, a current unheard of 3.9% unemployment rate, 4.2% GDP last quarter and consumer and business optimism is through the roof. Trump has renegotiated NAFTA with Mexico for a better US deal and is about to do the same with Canada.
A note to Republicans, Independents and blue color, hard working Democrats … this is what you wanted! This is why you elected Donald Trump in 2016. Look what he has made possible in less than 2 years. If you want all this to come crashing down then by all means put the Democrats back in control in the House and Senate and watch the collapse of the economy. It is up to you to continue to Make America Great Again.
DOW 26,656 AND CLIMBING …
Today the DOW closed at 26,656 for a new all-time high. The previous record was set in January 2018 at 26,616. Simply amazing! Yesterday the DOW reaches its 100th all time high since candidate Trump was elected President. The DOW is up almost 8800 points since Trump was elected. You might want to remember this bit of good news and what it has done for the economy and your 401k’s before you cast a vote in this November’s midterm elections. Its up to the American people if you want Anti-Trump, Resistance Democrats to control the power in the House of Representatives and Senate and watch all these economic gains come crashing down.
The Dow Jones Industrial Average closed at a record high on Thursday, its 100th record close since Election Day 2016. The stock market index has been propelled higher by economic optimism and tax reform, which have boosted companies’ earnings.
The S&P 500 closed at a record for the 89th time Thursday since the election, and numerous S&P 500 component stocks set records. Shares of companies in various sectors of the economy set records on Thursday, evidence that the strong economy is benefiting many industries.
Remember when Donald Trump was elected on 11/4/2016 the DOW was 17,888 and down some 700 points. All of the LEFT know-nothings, Never-Trumpers and Left-wing media pundits said Trump would crash the economy and the stock markets. The same know-nothings and Leftist hacks said Trump’s tariffs would crash the economy and stock markets. They could never have been more wrong.
U.S. stocks rose in early trading on Friday, with Wall Street extending its recent uptrend and pushing further into record territory.
Where are the major benchmarks trading?
The Dow Jones Industrial Average DJIA, +0.15% rose 81 points, or 0.3%, to 26,738, hitting an all-time intraday high in early trading. The S&P 500 SPX, +0.15% gained 8 points to 2,939, a rise of 0.3% that took it to new records of its own. The Nasdaq Composite Index COMP, -0.11% which remains about 1% below record levels, rose 21 points, or 0.3%, to 8,049.25.
Jobless Claims Remain at Half-Century Low Initial Claims, Fell to 204,000 in the Week Ended Sept. 8, 2018
MORE GREAT ECONOMIC NEWS …
As reported at the WSJ, initial jobless claims have fallen to 204,000, the lowest level since December 1969. More great news for the Trump administration. How many good economic indicators must be done under President Donald Trump before it becomes obvious, the reason for the great economy is his policies and the tax cuts?
The number of Americans filing applications for new unemployment benefits fell last week, remaining at a half-century low for the second-straight week.
Initial jobless claims, a proxy for layoffs across the U.S., fell by 1,000 to a seasonally adjusted 204,000 in the week ended Sept. 8, the Labor Department said Thursday. This is the lowest level since December 1969. Unemployment benefit applications were near this level last week too.
Economists surveyed by The Wall Street Journal expected 210,000 new claims last week.
Data can be volatile from week to week. The four-week moving average of claims, a steadier measure, fell 2,000 to 208,000, also the lowest level since 1969.
Jobless claims have remained low in recent years, as the labor market continues to tighten and managers face difficulty finding qualified employees.
Thursday’s report showed the number of claims workers made for longer than a week declined by 15,000 to 1,696,000 in the week ended Sept. 1. The figure, also known as continuing claims, is reported with a one-week lag.
MAGA: 72% of Blue Collar Workers are OPTIMISTIC About Future and 67% of Blue Collar Workers are HAPPY!!!
THE FORGOTTEN MEN AND WOMEN ARE HAPPY AND OPTIMISTIC UNDER PRESIDENT TRUMP …
A new survey of white and blue collar employees have provided some amazing results. 72% of blue collar workers and 76% of white collar workers are optimistic about their future. Also, 67% of blue collar workers state they are happy at their work. The 2016 presidential election victory by Donald Trump was a victory for the forgotten blue collar men and women of America. Blue collar workers are very optimistic about the future.
By many measures, America’s blue-collar workers are confronting a challenging present and uncertain future. The twin threats of outsourcing and automation show few signs of slowing, causing some pundits to question whether the American dream remains attainable for working-class families.
However, research suggests the outlook for white-collar professionals may also be less than rosy. Whereas blue-collar workers have actually enjoyed rising wages in recent months, white-collar professionals have seen their pay remain largely stagnant. Plus, large-scale surveys indicate office workers are feeling deeply disconnected from their work, leading to burnout and poor performance.
Keep this in mind for the upcoming 2018 midterm elections. It is not about what the MSM tells you or a skewed poll, it’s always about the economy.