Direct your attention to the center ring. I present to you:
It's the Trump economy, stupid
a Dev1lXYZ/The Hill joint
A NoLibtard Production
May 7, 2018
Two stories appeared on the front page and above the fold in the New York Times over the weekend. The first was about the seemingly never-ending Russia probe. The second was about the Labor Department reporting the lowest unemployment rate in nearly 20 years. Which of these two stories do you think American voters care more about?
It's not just the 3.9 percent unemployment rate that is worth celebrating. The growth rate of the economy over the last four quarters was just under 3 percent, a level that almost all liberal economists said was impossible to achieve and yet with
Donald Trump after one year in office, here we are. In just more than one year in the White House, he has achieved a growth rate that is higher than Obama was able to achieve in eight years.
Oh, and by the way, the Federal Reserve Bank of Atlanta estimated last week that growth in April hit 4 percent. Meanwhile, a survey of manufacturers finds that more than 90 percent are bullish about the future. There are now an estimated 6 million more jobs than available workers with the skills to fill them.
The New York Times wondered last week whether we are going to see inflation rising from 2 percent as a result of the surging demand for workers. The Washington Post reported that some blue collar workers are now getting signing bonuses of up to $25,000. Who do these workers think they are? Derek Jeter?
On Friday, Obama's White House chief of staff, Valerie Jarrett (yes, she's back) said on CNN that Obama deserves most of the credit for the boon and this is the left's new riff. What else could she say? The previous administration's staffers are genetically incapable of admitting that Trump deserves credit for anything.
This storyline that Obama is responsible for the bullish job market might have a sliver of credibility if it weren't for several inconvenient facts. First, almost every liberal analyst who now says that Obama deserves the credit was one who told us that Trump would surely crash the economy and the stock market if he won the election.
So let's get this straight: Trump's policies are to blame if the economy tanks, but he gets no credit if it soars? That's heads I win, tails you lose logic. Second, the economy was slowing down at the end of Obama presidency. The last year Obama was in office, the economy grew by 1.6 percent, which is barely staying out of inflation.
Bada Bing Bada Boom
THE END
(Roll Credits)
https://www.google.com/amp/thehill.com/opinion/finance/386482-its-the-trump-economy-stupid?amp
