Today’s Campaign Update, Part II
(Because The Campaign Never Ends)
This dang Trump economy just will not cooperate with our elite betters! – As Reuters carefully reports today, initial claims for jobless benefits dropped sharply yet again last week, signaling that the U.S. economy just refuses to accede to the wishes of the Democrats and our fake news media, who are doing everything they can to pretend there’s a recession going on. From the Reuters report:
Initial claims for state unemployment benefits dropped 12,000 to a seasonally adjusted 209,000 for the week ended Aug. 17, the Labor Department said on Thursday. The decline was sharper than expected. Economists polled by Reuters had forecast claims would drop to 216,000 in the latest week.
But the story’s lead paragraph tells us so much about the Reuters mindset:
The number of Americans filing applications for unemployment benefits fell sharply last week, suggesting the labor market was holding firm despite a manufacturing slowdown and concerns the economy is on a path toward recession. [emphasis added]
Folks, there is no “manufacturing slowdown” in the U.S. economy, although there certainly is in China and the EU. This is simply nonsense being pushed by the media. There is not a single economic indicator that would imply that our economy is in or about to go into a recession anytime in the foreseeable future. The only people saying it is are people in the media and “economists” on the political left, all of whom are hoping for a recession to save the Democrats in the 2020 elections.
Sorry, ain’t happening.
So, yet again, good news for average Americans is shocking bad news for the elite media and the Democrat Party. Funny how that works, huh?
That is all.
Today’s news moves at a faster pace than ever. Whatfinger.com is my go-to source for keeping up with all the latest events in real time.