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WINNING ALERT: Dow 29,000, NASDAQ 12,000, S&P All-Time High, Pelosi Angry

Just thought a little good news was in order here. Today, in response to continuing positive economic news and growing optimism about President Donald Trump’s re-election chances, the stock market rocketed skywards into new record territory.

Image may contain: 1 person, text that says 'MARKET ACTION DOW JONES INDUSTRIALS (.DJIA) 29,004.51 358.85 (+1.25%) S&P 500 (.SPX) 3,570.42 43.77 (+1.24%) NASDAQ COMPOSITE (.NCOMP) 12,021.49 81.82 (+0.69% FOXI MARKETS BRUSH OFF DISAPPOINTING ADP NUMBERS DOW BUSINESS AS MARKETS OPENED AT ALL-TIME HIGHS 29,005.24 1:05P MT CLAMAN COUNTDOWN NAS 12,021.46 81.79 +0.69% 359.58'

The NASDAQ shot over 12,000 for the first time to reach a new all-time high. The S&P 500 closed at 3,581, also a new record close.

Meanwhile the Dow Jones Industrial average rose by 455 points to close above 29,000 for the first time this year, finishing the day at 29,101. The Dow has now regained 98% of its losses early this year, and is within 400 points of its all-time record close.

The Trump economy just will not be held back.

Recognize that this massive growth has been achieved with despicable Democrat governors in states like New York, California, New Jersey, Michigan, Pennsylvania and else where keeping their economies shut down for no reason other than cynical attempts to influence the outcome of the November elections. Sadly, they have been joined by a handful of Republican governors in states like Alabama, Arizona and Ohio in those efforts.

But no matter, the Trump economy just shrugs them off like flies on a horse’s rump, and keeps on moving ahead.

Meanwhile, in other wonderful news, Queen Nancy Pelosi put out a statement today claiming she was “set up” by the hair salon owner – who is a single mother, no less – she actually intimidated into opening on Sunday. Taking no responsibility for not knowing the current state of COVID restrictions mandated by her own step-nephew, Dictator Gavin Newsom, she said the salon owed her an apology for causing her office to be inundated with complaints:

Here’s the deal, folks: Queen Nancy is lying through her dentures about all of this. She is, without question, the very worst person in this country.

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.

 

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Try as They Might, the Democrats Cannot Kill the American Spirit

Tired of all this #WINNING yet? – The stock market continues to boom as the Trump economy keeps out-performing the predictions of the media’s favorite “experts.” The Dow Jones Industrial average temporarily topped 28,000 on Tuesday for the first time since February, before falling back slightly. The NASDAQ and S&P 500 set new all-time record highs on almost a daily basis.

Another indicator that the economy is recovering at a more rapid pace than expected is the price of crude oil, which has been remarkably stable for two full months now after several months of extreme volatility and one day when it even dropped below zero. The West Texas Intermediate benchmark that is used to determine most domestic transactions has held within a range of $39 to $42 per barrel for 8 weeks now, with a steady upwards trend.

Saudi Aramco’s CEO stated last week that his company sees Asian crude demand now virtually the same as it was prior to the COVID-19 pandemic. In the U.S., we have now had two consecutive weeks of huge drawdowns in crude inventories, a strong sign that the global oil market has essentially come back into balance.

All of this is happening despite the efforts of Democrat governors all over the country to use the China virus as an excuse to keep vast parts of their economies locked down as they try to influence the outcome of the presidential election. This is a truly despicable tactic employed by despicable people who believe that the ends of obtaining political power justify any repugnant means they decide to employ.

But even with that, the Trump economy – America’s economy – is just too strong to kill. The American spirit remains too strong to die.

In the midst of all the COVID lockdowns and restrictions, my wife and I took a road trip with some family members two weeks ago. We traveled through Arkansas, stopping for a night at Hot Springs, where we stayed in a downtown hotel. Every person we interacted with there was happy, upbeat and going about their business as Americans tend to do despite all of the dumb and ineffective COVID mandates like wearing masks and limited restaurant capacity.

We next traveled across Tennessee, stopping for a night in Nashville, where we again stayed in a lovely downtown hotel. There we had the exact same experience as we did in Hot Springs, as everyone we dealt with was a happy, real American going about their business, not some smartass nitwits wasting their time screaming on Twitter.

Next up was Gatlinburg and the incredible Smoky Mountain National Park, where we had to contend with literally thousands of Americans who were all friendly, helpful, going about their business and living their best lives. We spent two nights in Memphis on the way home and again had the very same experience before making the long drive back to Texas.

Along the way, I was struck by the scenic beauty across the entire states of Arkansas and Tennessee, states in which neither of us had spent much time in the past. Oh, and we also went for a long hike just across the state line in North Carolina, which was incredibly beautiful, too. I’ve now visited 41 of the 50 states in my life, and what you come to understand when you travel that much is that, once you get out of the big cities, our country is an incredibly beautiful masterpiece of God’s hands from sea to shining sea, and beyond to Hawaii and Alaska.

As we have sat somewhat locked-down in our homes over the past several months and spent far too much time watching the painful coverage of the big-city riots since June, it has been easy to get into the mindset that everything is bad, and that America is falling apart. That mindset is completely wrong.

America remains America, and Americans remain Americans. Twitter is not real life – it is a public cesspool dominated by blue-check wonders who hate our country and suffer with massive inferiority complexes.

This is why the Trump economy – America’s economy – will not and cannot be killed no matter how hard the communist Democrats try. America is not falling apart, and the indomitable spirit of Americans will ultimately prevail through this current crisis.

My wife and I enjoyed our road trip so much that we are about to take off on another one today, this one across the wonderful state of Louisiana, which for us has long been a bit of a second home. America is still America, and there is no more uniquely American place than Louisiana.

We’re going to see and enjoy some more of America before summer is over. I’ll still be posting every day, but probably not quite as extensively as normal.

God bless you, and America.

That is all.

Today’s news moves at a faster pace than ever. Whatfinger is my go-to source for keeping up with all the latest events in real time.

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Wednesday News Roundup: Marxist Dems Work to Return to Their Jim Crow Roots

WINNING ALERT – U.S. job openings exceed “expert” prediction by 1 million, climbing to a new all-time record high. Note the word “unexpectedly” in Bloomberg’s headline. Hilarious:

U.S. Job Openings Unexpectedly Increase as Hires Climb to Record

People walk down a street lined with outdoor seating for restaurants in the Little Italy neighborhood of New York on July 6.

U.S. job openings unexpectedly increased in May as state economies stirred to life and businesses looked to hire anew.

The number of available positions rose to 5.4 million during the month from 5 million in April, according to the Labor Department’s Job Openings and Labor Turnover Survey, or JOLTS, released Tuesday. The median forecast in a Bloomberg survey of economists called for 4.5 million openings. Job openings that involve workers recalled from layoffs or positions that are only offered internally are not counted in the figure.

[End]

Think about this characterization by Bloomberg for a moment: This report was for the month of May, when these “experts” already knew that the U.S. economy blew away employment expectations, as the jobs report came in with 2.5 million new jobs created vs. “expert” expectations that it would in fact lose more than 8 million.

But hey, when you are a part of the corrupt news media or the “expert” class the media loves to quote, anything good that happens in Trump’s America is always, without exception, unexpected.

This must not stand. – Several days ago, a video went viral of a husband and wife in Contra Costa County, CA using black paint to cover up a yellow “Black Lives Matter” mural that had been painted on the main street of their little town of Martinez by the Marxist Democrats in charge of the local government.

Yesterday, the couple themselves were charged with three counts of vandalism, including a hate crime, by the Contra Costa County DA, whose campaign was funded by Soros front groups:

Amazingly, the DA’s notice characterizes the Marxist, domestic terror group BLM as “an important civil rights cause that deserves all of our attention.” I swear I do not make this stuff up:

Image

Never mind the fact that it takes about 15 seconds of rudimentary research to determine conclusively that BLM is in fact a Marxist organization whose actual goals have nothing to do with Civil Rights and everything to do with the destruction of the American Republic – Democrats in power are now determined to make any opposition to those goals a “hate crime.”

This cannot stand in the United States. Elections matter, and the idiots in Martinez elected the Democrats who authorized the mural. Thus, a charge of vandalism is entirely appropriate. But the effort to prosecute the act as a hate crime is beyond the pale and demands intervention by the U.S. Department of Justice.

Are you watching, Mr. Barr?

School reopenings this fall are going to vary by state, and that’s not a good thing. – At an event at the White House Tuesday, President Trump and First Lady Melania Trump led a discussion about safely reopening America’s schools this fall. At the event, the President promised to put pressure on governors to get their schools reopened for the good of the children, who have already been set back in their learning due to the irrational panic over the Wuhan Virus.

One governor he won’t have to pressure is Ron DeSantis, the stalwart Governor of Florida, whose education commissioner issued an order yesterday requiring all public schools to reopen this fall for five days a week.

Naturally, the corrupt news media immediately found teacher’s union officials who are horrified that their members might have to actually go back to work. From a piece at USA Today:

But as concern about the order spread online Monday, some school leaders across the state said: Not so fast.

Opening schools under current conditions “could be catastrophic,” said Karen Resciniti, president of the Martin County Education Association. Most educators in her district are hesitant to return to the classroom, even if social distancing is followed and masks are required, she said.

[End]

Here’s how you solve that problem: Just order that teachers take a 40% pay cut for any distance learning classes they teach, and their concerns over the minute chance they might contract COVID-19 from children would evaporate in a second.

Reopenings are not so simple in other states. In Texas, where Governor Greg Abbott has gone scared of a bad media day, the Texas Education Agency issued a set of byzantine guidelines for reopening that will leave every school district, and schools within school districts, doing something different:

It’s just shameful. In the school district in the Texas city where I live, parents received an email of these guidelines late on the day before all school district officials went on a week’s vacation. So parents have no idea what their kids’ school weeks will look like, and no one to talk to in order to find out. Meanwhile, those parents must make the decision to either send their kids back to school or figure out a way to home school them by the day after those school district officials come back from their vacation.

Shameful.

But not as shameful as what is happening in the Democrat-led state of Washington. There, education officials issued a reopening process that plans to discriminate against some children – especially white and Asian kids – based on RACE. I swear I am not making this up:

Folks, we are witnessing in America today an effort by the Democrat Party to re-implement the same kinds of race-based Jim Crow laws that their party put into place and enforced across the South for 100 years.

This cannot stand if America is to stand. Ultimately, these people hate you and want you dead, and it is showing up every day in the actions they take and the documents they produce. You don’t have to believe me: All you have to do is observe what they say and do.

If they win the elections this November, this stuff is what America will become. In his monologue Monday evening, Tucker Carlson asked how can a political party that overtly hates half of Americans ever hope to govern the country?

The answer is simple and staring all of us in the face: By sheer, brute force. That’s how Mao did it; it’s how Stalin and Castro and Pol Pot did it; and it’s how this current group of radical Marxist Democrats would do it.

Get registered to vote. Oh, and buy more ammo just in case.

That is all.

Today’s news moves at a faster pace than ever. Whatfinger is my go-to source for keeping up with all the latest events in real time.

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Good News for America Abounds – Democrats, Corrupt News Media Hardest Hit

“We need new experts. Monkeys throwing crap at a poster with random numbers on it are more accurate.”

That’s a quote from a friend when I posted a link on Facebook to the story that Institute for Supply Management (ISM) Non-Manufacturing Index (NMI) rose to 57.1% in June, which naturally was vastly stronger the “experts” quoted by the corrupt news media had anticipated.

From that story at PeoplesPunditDaily:

Forecasts ranged from a low of 46.0 to a high of 52.7. The consensus forecast was 50.1. This is the largest single-month percentage-point gain since the NMI debut in 1997.

Last week, the Institute for Supply Management (ISM) Manufacturing Index (PMI) also came in stronger than expected at 52.6% in June, up from 43.1% in May. This reading further indicated the overall economy in expansion for the second straight month after one month of contraction that ended 131 consecutive months of growth.

[End]

This latest piece of great news follows last week’s Labor Department report of non-farm payroll job additions for June of 4.8 million, which almost doubled the “experts'” projection of 2.5 million.

Naturally, everyone in the national Democrat Party and in the corrupt news media – but I am being redundant – will respond to this wonderful news exactly as they responded to last Friday’s new study proving that Hydroxychloroquine is effective at treating COVID-19: With abject outrage and horror.

Because – repeat after me – Good News For America is Always, Without Exception, Bad News for the Democrats and their Corrupt Media Toadies.

Here’s another piece of great news for America that hits the Democrat/Media Complex of Disinformation hardest: In a unanimous ruling, the U.S. Supreme Court decided that states do indeed have the absolute right to require Electors to vote for the president candidate that actually won their respective state. Apparently, whomever it is that has been compromising Chief Justice John Roberts either did not care about this decision or is currently out of the country.

From a report at CNBC:

Under the complex rules that govern American elections, it is the vote of the Electoral College that ultimately determines the winner of the presidency.

Virtually every state — besides Maine and Nebraska — allocates all of its Electoral College representation to electors who have committed to vote for the winner of the state popular vote. And most states, including Washington and Colorado, have laws that require electors to vote for their pledged candidate. The electors argued that the enforcement of those laws was unconstitutional.

Micheal Baca, the Colorado elector, was replaced before he could cast his vote for former Ohio Gov. John Kasich. Three Washington electors were hit with $1,000 fines after voting for former Secretary of State Colin Powell.

Lower courts divided on the issue, with courts in Colorado and Washington ultimately coming down on opposite sides. The federal appeals court in Colorado sided with Baca, while the Washington Supreme Court sided with the state and upheld the fines.

The Supreme Court’s action on Monday affirmed the Washington court’s decision and reversed the Colorado decision.

[End]

So, here we see a looming strategy the Democrats had hoped to deploy following the November elections shot down by the Supremes before it can get underway. Somewhere, Brian Stelter is binge-eating a dozen jelly donuts because his stress level has shot through the roof.

Serendipity strikes. – As luck would have it, Senator Chuck Grassley posted this tweet as I was typing this piece up:

Understand that Chuck Grassley is not just some random senator. He is the long-time chairman of the Senate Judiciary Committee, and will take that post from Lindsey Graham next January if the GOP holds onto its Senate majority. Grassley knows that is happening with the Durham investigation, and if you read the wording of that tweet carefully, he is conveying his belief that prosecutions are in the offing.

He is also warning Durham and Barr not to wait until after the election to engage in prosecutions under the absurd reasoning that doing so would influence the presidential race. The fact is that delaying prosecutions would in and of itself be an overtly political act that would influence the race.

That tweet from Grassley is a public signal of his approval for Barr and Durham to get their butts in gear. Coming as it does from the Senator who will most likely be in charge of the DOJ budget in a few months, that is a strong signal indeed.

If Barr/Durham follow Grassley’s signal, that would also be great news for America and awful news for the Democrats and their corrupt media toadies.

Let’s go.

That is all.

Today’s news moves at a faster pace than ever. Whatfinger is my go-to source for keeping up with all the latest events in real time.

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Friday News Roundup: Another Jobs Blowout, Terrorist Clowns Arrested, and Garcetti Owns the Riots

Tired of all this WINNING yet? – Despite the best efforts of the corrupt news media and its Democrat masters to keep the economy shut down, America had another blowout jobs month in June. The U.S. economy added 4.8 million new jobs during the month, again humiliating all the “experts” who had projected about 2.5 million would be added.

That is almost 10 million net new jobs added during May and June, despite the best efforts by Democrat governors in big states like New York, California, Michigan and New Jersey to slow-play their reopenings. In total, 17.8 million American workers remain unemployed thanks to our insane response to all the COVID-19 panic porn, but that number is vastly lower than the 30-50 million all the “experts” were predicting just a few weeks ago.

In response to this latest good employement news, all the markets were up, and the NASDAQ set yet another new all-time record high.

God Bless America.

Another domestic terrorist goes down. – Federal authorities arrested and charged the ringleader of the mob that attempted to tear down the statue of Andrew Jackson in Lafayette Square across from the White House on June 22. The domestic terrorist’s name is Jason Charter, a clown who has bragged on Twitter and other social media about his ties to Antifa.

From a Fox News story:

“They were very organized,” a federal law enforcement official said. “Charter was on top of the statue and directing people … they had acid, chisels, straps and a human chain preventing police from getting to the statue.”

The FBI’s criminal complaint against Charter attaches screengrabs of local news videos and accuses him of also being involved in the destruction of the Albert Pike Historical Statue in Washington this month.

Citing local news video, the FBI alleges that Charter is seen “standing over the toppled Pike Statue, pouring an unknown liquid onto the statue.”

The complaint said: “He is then observed waving others away from the statue, and squatting down behind the statue where his hands are not visible. Seconds later, the statue catches fire. Charter is seen standing over the flames as it burns.”

The complaint also cites a tweet from a Twitter account with the name Jason Charter that says, “Tearing down statues of traitors to the nation is a service to this nation not a crime.”

[End]

So, not exactly the brightest bulb in the light fixture. Just another sad white Millennial nerd with an all-consuming sense of entitlement and zero sense of self-awareness.

Here he is in all his glory:

Jason Charter on Twitter: "Chilling at #BLMPlaza. #DC… "

Another of the ringleaders of the attack on the Jackson statue, a 37 year-old child name Graham Lloyd, turned himself in to Portland authorities on Wednesday. A federal judge there ordered Lloyd’s case transferred to Washington, DC for trial.

In case you’ve forgotten it already amid all of the COVID-19 panic porn spread by the corrupt news media, these and dozens of other arrests of Antifa/BLM terrorists in recent days come in the wake of President Donald Trump’s signing an executive order designed to protect national monuments and exacting long prison terms for such acts.

Cause, meet effect.

Good question, sir. – After the arrest of long-time Jeffrey Epstein associate and procurer Ghislaine Maxwell by the FBI yesterday, one Twitter user posed this question:

Mr. Coudrey names just a handful of the most famous of the many thousands of pedophiles and sex traffickers this Administration has arrested and prosecuted, but it’s a very valid question. Because when you look at that list you see that everyone on it other than Allison Mack was active during the Bush years, and Mack was active throughout the Obama years. So, it’s an interesting question that neither Obama nor Bush want anyone trying to answer.

But here’s another very interesting aspect of that list: Of the seven named there, four have very strong and well-known ties to Bill and Hillary Clinton.

– Anthony Weiner is married to Hillary’s longtime companion, Human Abedin.

– Harvey Weinstein raised hundreds of thousands of dollars for various Clinton campaigns and their crime family fake foundation.

– Bill Clinton is listed on the flight logs of Epstein’s Lolita Express jet more than 30 times.

– Ghislaine Maxwell was so close to Bill that she was actually invited and attended Chelsea Clinton’s wedding. As we can see, she was even awarded a prime aisle seat:

Ghislaine Maxwell at Chelsea Clinton's wedding : Epstein

Aren’t all of these “coincidences” rather amazing? Think about it: How many sex traffickers and pedophiles have you be-friended, employed or invited to parties and weddings in your own life?

But it’s all a “conspiracy theory,” right?

*sigh*

You don’t saaaaayyyyyyyyyyyy… – Marxist Democrat Los Angeles Mayor Eric Garcetti had a rare moment of temporary honesty this week. In reponse to a question by a Breitbart reporter about the cause of the state’s recent spike in COVID-19 “cases,” Garcetti said that “Some of the spread did come from our protests.”

Obviously, it’s notable when any Democrat politician actually admits that their pet cause – the riots – led to a spike in COVID cases. But Garcetti’s use of language in describing the protests is even more interesting to me. Note that he does not refer to them as “the” protests, but “our” protests. Wow.

But wait, there’s more. Breitbart quotes Garcetti has further saying that, “I want to see march for racial justice continue,” he said. “I don’t want to let up, I don’t want to see us just disappear.” Not “them” or “the protests,” but “us.”

We have known all along that these riots were staged events, carefully planned and organized by Antifa and BLM, who serve as the domestic terrorist arms of the Democrat Party, but it is a rare Democrat politician indeed who is so self-unaware that he willingly admits his ownership of them in public.

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.

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America Needs New “Experts” in Every Field

This week we witnessed the spectacle of so-called “expert” economists – men and women supposedly revered in their field – being humiliated by the Labor Department’s jobs report for May. These “experts” weren’t just wrong, they were more wrong than any group of experts in their field have ever been.

The consensus of those “experts” going into Friday was that the U.S. economy had shed more than 8 million jobs during the month of May and that the new rate of unemployment would approach 20%. They based that expectation on careful study and analysis, along with their collected wisdom gathered over years of experience in the field of economics.

Yet, when the numbers came in, it turned out that the phenomenal Trump economy had actually added jobs during May. And not just a few jobs, mind you, nor even a few thousand jobs. The economy added 2.51 million jobs in May, more than the U.S. economy had ever added in any month since records began to be kept. Rather than  rising up to 20%, the rate of unemployment in fact dropped dramatically to 13.3%.

Why did this happen? Part of it has to do with the fact that, over the past few months, the U.S. has been sailing in uncharted economic waters as it has dealt with it’s first-ever voluntarily self-imposed recession.The simple fact of the matter is that no one really knew going in how our or any other nation’s economy would react to the insane manner in which we have responded to this viral gift from China.

But the other part of it in the economic field is political bias among the economist community, at least those who are surveyed by the corrupt national news media, almost all of whom are leftist Democrats. Their bias is to assume that the Trump economic program will be disastrous, which is why these “experts” have been surprised by almost every monthly jobs report for the last 3-1/2 years. Their consensus projections have consistently underestimated the monthly jobs reports, just as they consistently overestimated pretty much every one during the 8 disastrous years of Barack Hussein Obama.

Obviously, our corrupt media establishment should be surveying a more diverse set of economists to make these “consensus” projections.

Equally obvious is our country’s need for a more expert group of medical “experts,” particularly when it comes to the field of control of communicable diseases. Literally every prediction made by the two “experts” upon whom President Trump relied during this response to the Wuhan Virus – Dr. Anthony Fauci and Dr. Deborah Birx – has turned out to be just as spectacularly wrong as this week’s projection by our economic “experts.” These two doctors, along with the equally inept meatheads at the Centers for Disease Control, are mainly responsible for having put more than 30 million Americans out of work and for our nation’s school children’s likely loss of a full year of learning.

Just as the media needs to rely on a more diverse set of economic “experts,” our government needs to gather together a much more diverse set of medical “experts” the next time China sends a viral plague to our shores.

No group of “experts” has been more consistently surprise than those in the oil and gas field over the past few months. Just a month ago, there is not one single “expert” in that field who believed the price for a barrel of West Texas Intermediate would be anywhere above $20. Yet, there it sits today, right on the cusp of $40 months before any “expert” thought that might be possible.

Similarly, the “experts” in the field of “climate change” have been completely and consistently wrong about literally everything since that field of quasi-science was invented out of whole cloth in the 1980s. It was the biggest scam in world history until the whole “Russia Collusion” scam was devised by the Clinton campaign and the FBI in 2016.

The field of education literally cries out for new experts in every discipline and at every level. America’s public schools are just mills of mediocrity and its universities little more than operations of Marxist indoctrination, and have been for decades now.

America needs new experts, hopefully some real ones. The “experts” we rely on today are killing us.

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.

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Another Phenomenal Jobs Report: “Experts,” Corrupt Media Hardest Hit

Today’s Campaign Update, Part II (Because the Campaign Never Ends)

Another month, another incredible jobs report that blasts through the projections by all the “experts.” – The Labor Department’s monthly jobs report is out. It’s real, and it is spectacular.

February jobs gains in the Trump economy amounted 273,000, beating “expert” projections by a whopping 98,000 jobs. This during a month in which the Democrats and their corrupt media toadies did everything they could to depress economic growth by whipping up irrational hysteria over the coronavirus.

But there’s more, so much more – from the report on this morning’s news at Yahoo! Finance:

The February jobs report reflected much better than expected job gains and an unemployment rate back at a 50-year low, before the coronavirus outbreak escalated and threatened to weigh on economic activity.

The Labor Department released its February jobs report at 8:30 a.m. ET Friday. Here were the main results from the report, compared to consensus expectations compiled by Bloomberg:

  • Change in non-farm payrolls: +273,000 vs. +175,000 expected and 273,000 in January
  • Unemployment rate: 3.5% vs. 3.6% expected and 3.6% in January
  • Avg. hourly earnings, month on month: +0.3% vs. +0.3% expected and +0.2% in January
  • Avg. hourly earnings, year on year: 3.0% vs. +3.0% expected and 3.1% in January

January’s job gains were upwardly revised to 273,000, from the 225,000 previously reported, and December’s non-farm payroll additions were upwardly revised by 37,000 to 184,000. This brought average job gains over the past three months up to 243,000, or above the average from 2019, when job growth averaged 178,000 per month.

Along with those huge upward-revisions for December and January, the total additional jobs added in today’s report amounts to an incredible 358,000. Yet again, keeping with the pattern throughout the Trump Administration, the consensus of the mainly-liberal group of “experts” was proven to be embarrassingly low.

Over the past three months included in today’s report, here is how the actual jobs numbers compared to the projections of the “experts”:

December:  Jobs added – 184,000. Predicted – 160,000.

January: Jobs added – 262,000. Predicted – 165,000.

February: Jobs added – 273,000. Predicted – 175,000.

 

Taken together, this means that the actual jobs added over the past three months exceeded the “expert” projections by 219,000 jobs.

Over the past three years we have seen two distinct, consistent patterns related to these jobs reports:

  • The “expert” projections are significantly low almost every month;
  • The initial Labor Department reports are almost always low and must be revised upwards over the following 60 days. Most, in fact, are revised upwards not once, but twice before we finally get to a final number.

During the Obama years, these patterns were exactly reversed: Expert projections were consistently higher than actuals, and initial actuals reported by the Labor Department were consistently artifically high, and ended up being revised downwards, often twice, over the following 60 days.

Obviously, there is an ingrained political bias present in the group of “experts” surveyed by the biased media. Equally obviously, the DOL is still plagued by a gaggle of Obama holdovers who need to be cleaned out of there.

But today, let’s celebrate: Despite the best efforts of the Democrat/media propaganda complex, the fundamentals of the U.S. economy remained extremely strong in February.

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.

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Trump’s Unprecedented Economic Success – The Story the Corrupt Media Won’t Tell

Today’s Campaign Update
(Because The Campaign Never Ends)

WINNING. Sooooo much WINNING.  – Guess what? Every major U.S. stock index rose yet again on Thursday as the wealth of positive economic news just kept rolling in. The NASDAQ saw it 11th consecutive record high close, and the Dow and S&P 500 also closed at new all-time high levels.

On the passage of President Trump’s tax cuts two years ago almost to the day, we here at the Campaign Update told you that those tax cuts, targeted as they are towards stimulating capital investment and economic growth, would quickly create a situation in which the economy’s largest problem would become a literal shortage of workers qualified to fill all the good-paying jobs that would be available. There is little doubt that we have now reached that happy point.

We now have record low unemployment levels for pretty much every category of American: Record low black unemployment; record low Hispanic unemployment; record low veteran unemployment; record low Asian unemployment; and a record high number of men and women gainfully employed in the U.S. economy. According to a recent report issued by the White House:

The surge in labor demand has resulted in 7 million job openings, which outnumber job seekers by more than 1 million. Before President Trump took office, there had never been more recorded job openings than unemployed workers.

Think about that. Never before, not even during the Reagan recovery, has the U.S. economy been in a situation in which it had created more open jobs than there were unemployed workers to fill them. That is a stunning achievement, and if a Democrat were president while such an outcome had been achieved it would be the only story being aired anywhere, anytime on cable news.

But because we are in the age of Trump, an age when our utterly corrupt fake news media studiously ignores reporting any news that reflects positively on the U.S. President, the White House must tell the story itself. This morning, to ensure our readers do get to see it, we are reprinting that December 16 report here.

Enjoy!

DRIVING A RECORD-SETTING ECONOMY: The booming economy and strong labor market allow Americans of all backgrounds to find work and succeed.

  • The current labor market revival is not a continuation of past trends, but instead a direct result of President Trump’s pro-growth policies.
  • Since President Trump was elected, more than 7 million jobs have been added to our economy – surpassing the Congressional Budget Office’s predictions by 5 million jobs.
  • This year, the unemployment rate has fallen to 3.5%, its lowest level in 50 years.
    • Unemployment for African Americans, Hispanic Americans, Asian Americans, veterans, individuals with disabilities, and those without a high school diploma have all reached record lows under President Trump.
  • The President’s policies are bringing people off the sidelines and into the labor force.
    • The prime age labor force has grown by 2.1 million under President Trump.
  • The surge in labor demand has resulted in 7 million job openings, which outnumber job seekers by more than 1 million.
    • Before President Trump took office, there had never been more recorded job openings than unemployed workers.
LOWERING INEQUALITY: President Trump’s policies are helping forgotten Americans across the country prosper, driving down income inequality.
  • Annual nominal wages grew by 3 percent in 2019 for the first time in a decade.
    • Nominal wage growth has now been at or above 3 percent for 16 straight months.
  • Wage growth for many previously forgotten groups is now higher than wage growth for more advantaged groups.
    • This is the case for lower-income workers compared to higher-income workers, workers compared to managers, and African Americans compared to white Americans.
    • These income gains mark a fundamental change compared to before President Trump’s inauguration, contributing to reduced income inequality.
  • When measured as the share of income earned by the top 20 percent, income inequality fell in 2018 by the largest amount in over a decade.
    • The Gini coefficient, an overall measure of inequality in the population, also fell in 2018.
LIFTING UP AMERICANS: The booming economy is lifting millions of Americans out of poverty and providing all people with the opportunity for a brighter future.
  • In 2018 alone, nearly 1.4 million Americans were lifted out of poverty.
    • The poverty rates for African Americans and Hispanic Americans reached historic lows in 2018.
    • Over 600,000 children being raised by single mothers were lifted out of poverty in 2018.
  • The number of people claiming unemployment insurance as a share of the population is the lowest on record.
  • Nearly 7 million fewer people are on food stamps than at the time of the 2016 election.
  • 380,000 fewer people are on Social Security Disability insurance than before the 2016 election.
  • Americans in economically-distressed communities are benefiting from increased investment thanks to the Opportunity Zones included in President Trump’s historic tax reform.

[END]

WINNING WINNING WINNING WINNING WINNING WINNING WINNING WINNING

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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.

Open post

The Trump Economy Defies the “Experts” Yet Again

Today’s Campaign Update
(Because The Campaign Never Ends)

[Note: Today’s Campaign Update will be on a delayed morning schedule from November 30 through  December 4.]

This damn Trump economy just refuses to cooperate with all the “experts.” – This Black Friday was, at least according to all the “experts” quoted by cable news operations an the nation’s other corrupt media outlets, supposed to be a down year. According to their joint narrative with the Democrat Party, the Trump Economy was supposed to be lurching along into a new recession, one that would arrive just in time to impact President Trump’s chances for re-election in 2020.

Given that 2/3rds of U.S. Gross Domestic Product – GDP – is derived from consumer spending, this media/Democrat/”experts” narrative meant it was necessary for Black Friday’s spending to be down from last year and the year before that. Thus, those were the predictions we were getting from people on MSNBC, CNN, CNBC, Bloomberg and on and on throughout the fake, corrupt, narrative-driven media.

But the problem with this narrative is a fundamental one: It is not true. The Trump economy is not bumbling along to another recession at all, as evidenced by third quarter jobs numbers and economic growth estimates having been revised upwards by over 10% in recent weeks. Those revisions would have been taken by real “experts” as warning signs that they were promoting a false story to the American public. But when the “experts” are fake, the warning signs go unnoticed.

The next big warning to the purveyors of fake news should have come when Adobe, which surveys 80 of the top 100 retailers in the U.S., announced early on Friday that Thanksgiving Day online sales had come in at a record high $4.2 billion, a 14.5% increase over 2018. In that same report, Adobe said that Black Friday’s online sales had already reached $600 million by 9:00 ET, a whopping 19.2% rise from 2018, which put it on a pace to reach $7.4 million for the day, far and away a record for any Black Friday, and the second-highest online sales day in history, behind last year’s Cyber Monday total.

Adobe confirmed that $7.4 billion Black Friday total in a follow-up report on Saturday, and now projects that Cyber Monday sales could reach a phenomenal $9.4 billion, almost 20% higher than last year’s record $7.9 billion. And finally, “small business Saturday” sales were projected by Adobe to reach $3.0 billion, up 18% over the record set in 2018.

These are not indicators of an economy limping along towards the contraction the “expert” narrative engineers prefer. While these double-digit jumps in online sales were partially offset by about 6% lower foot-traffic sales at malls and brick-and-mortar stores, per an initial estimate by ShopperTrak, the overall picture this massive consumer spending paints is one of a vibrant and very healthy economy.

Just a personal anecdote about that foot traffic: It may be down slightly across the country, but in Las Vegas it is wall-to-wall people. The little wifey and I touched down here on early Friday afternoon, and everyone we have spoken with is stunned by the masses of people flowing through this city’s casinos and high-end shopping centers this weekend.

It’s just one city, but it makes us wonder if we won’t see those ShopperTrak estimates quietly revised upwards in the coming days. This low-ball estimate followed by a quiet upwards revision process has, after all, become an integral part of the anti-Trump narrative, after all. Why stop now?

In any event, this record Thanksgiving consumer weekend is just one more instance of an agenda-based, narrative-driven media and group of “experts” trying to influence the public into creating a slowing economy based on fear and fear alone. The big problem they have at this point is that they have played the boy who cried wolf so many times now that the public no longer pays any attention to them.

God Bless America and its’ President, Donald J. Trump.

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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.

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Michael Moore Floats the Dumbest Trump Conspiracy Theory Yet

Today’s Campaign Update

(Because The Campaign Never Ends)

OMG, Mike, that’s, like, ruuuuullllly, totally dumb and stuff. – Fake documentary film-maker Michael Moore is pushing the most absurd theory yet about the identity of the “anonymous” author who wrote the Trump-bashing op/ed the New York Times ran last week.  Moore contended on Saturday that the real author is…wait for it…oh, you gotta wait for this one…DONALD TRUMP!  I swear I don’t make this stuff up.

Yes, friends, this big fat tub of goo told an audience of creeps at some film festival that he doesn’t really “know” per se who the writer is, but “if you want me to make a wild guess, Trump wrote it or one of his minions wrote it…. He’s the master of distraction. He’s the King of the Misdirect. If we’ve ever known anything by now, it’s that he does things to get people to turn away and the line that is most identifiable in terms of what he wants the public to believe, the line that says, ‘don’t worry, adults are in the room.’ The idea is to get him to get us to calm down and look away from what he’s really doing.”

Of course, the reality is that President Trump pretty much begs Americans every day specifically to judge him on “what he’s really doing,” because what he’s really doing is pretty damn spectacular.  What he’s really doing is creating the first period of relative peace and massive prosperity that our country has enjoyed in the 21st centurty.

Here, for everyone’s edification, are just a few of the details:

  • In just 21 months in office, Donald Trump and his administration have pretty much erased the heinously un-American legacy of America’s Biggest Mistake, Barack Hussein Obama.  That’s why you see Mr. Obama out on the campaign trail right now, desperately trying to take credit for the massive economic boom that has resulted from Trump’s policies.
  • Where Obama and his evil minions worked overtime for 8 years to brainwash Americans into believing that as much as 3% economic growth was basically impossible, and that economic stagnation was the “new normal” (how many hundreds of times did we hear them say this?), Trump now has the economy humming along at over 4% growth.
  • America’s manufacturing sector, which lay dormant throughout the Obama presidency, has seen the creation of hundreds of thousands of new jobs thanks to Trump’s agenda.  The petrochemicals and plastics industry now has more than $200 billion in new capital investment in U.S. plant and equipment on its books alone.  Obama repeatedly told us that these were the “old” jobs that were “never coming back” to our country, yet here they are, knocking on our door, looking for qualified people to fill them..
  • In both June and August of this year, the United States of America surpassed Russia and Saudi Arabia to become the largest oil-producing nation on the face of the earth.
  • In New Mexico two weeks ago, the federal Bureau of Land Management conducted an oil and gas lease sale that netted almost $1 billion in lease bonuses alone, by far the biggest onshore lease sale in U.S. history.  These things happen because of policy, not by accident.
  • The U.S. rate of unemployment has hovered at near-record low levels for a year now.  The biggest problem the U.S. economy has under Donald J. Trump is that employers find it increasingly difficult to find enough people to fill their growing number of job openings.  Millions of workers who had been so discouraged during the Obama years that they simply quit looking for work are now pouring back into the work force in Donald Trump’s economy.
  • Unemployment rates for Hispanics, African Americans and women are at all-time lows and getting lower.  The jobs situation is so fantastic, in fact, that even Colin Kaepernick has been able to find gainful employment.  Obama did not do that.
  • Around the globe, America’s foreign policy has created a period of relative peace thanks in very large part to the Trump Administration’s consistent and firm projection of U.S. power.  The Crazy Little Fat Guy in North Korea is no longer lobbing ICBMs over Japan out into the Pacific Ocean.  The despotic Mullahs in Iran now find themselves increasingly isolated, unable to export their crude oil, and facing growing unrest from the general population.  The terrorist Palestinian leadership also finds itself increasingly isolated and having its Obama-era funding cut off by this Administration.
  • The previously deadbeat European NATO members are suddenly paying their bills, resulting in a massive infusion of new money into that organization and rendering Vladimir Putin less interested in projecting Russian military power outside its own borders.

 

Obama, in one of his delusional rants this past week, actually said this:

 “We spent eight years pushing that (economic) boulder up the hill, we finally get to the top, it starts rolling down the hill and then these folks come in and say look at what we’re doing. They’re standing there, didn’t even break a sweat.”

Of course, what actually happened for 8 long years was that Obama had his regulators formed up in a defensive line about halfway up that hill, ensuring that the U.S. economy – the most incredible job- and prosperity-generating machine ever devised by mankind – was never able to break out into a true economic recovery during his reign.

What Trump has basically done is come in and decimate that regulatory defensive line.  So yeah, the Trump people actually have barely broken a sweat, because all they really had to do was rid our nation of Obama’s heinous legacy.

So the thought that President Trump would actually want to write the piece that appeared in the New York Times, a piece that asks people to focus not on his policy accomplishments but on his personality, is utterly absurd.  Because anyone who focuses on his policy accomplishments must conclude that he has so far been far and away the single most successful U.S. President in modern times, and perhaps ever.

Just another day in Michael Moore is a hopeless buffoon America.

That is all.

Follow me on Twitter at @GDBlackmon

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.

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