Click For Photo: https://media.townhall.com/townhall/reu/s1280x720/2018/354/cee063e1-6c52-4f34-9ae8-52974dc3f1ae.png
President Trump’s economy continues to exceed expectations, exposing the absurdity of “expert” projections of an impending economic slowdown.
The overwhelmingly positive effects of President Trump’s economic policies were on full display in the most recent report from the Bureau of Labor Statistics, which revealed a healthy surge in job creation for December.
Report - Payrolls - Month - Jobs - Sector
According to the report, nonfarm payrolls jumped by 312,000 in the final month of 2018, with 301,000 of those new jobs coming from the private sector. In total, the U.S. has added more than 2.6 million new jobs over the past 12 months.
Meanwhile, wages surged by 0.4 percent last month, pushing total wage growth to 3.2 percent for the year.
Norm - Data - December - Expectations - Experts
As is quickly becoming the norm, the economic data for December greatly exceeded the pessimistic expectations of so-called “experts,” who painted a much grimmer view of the U.S. economy.
“Economists surveyed by Dow Jones had been expecting payroll growth of just 176,000,” CNBC wrote, adding that the wage indicator “also was well above expectations of 3 percent on the year and 0.3 percent from November.”
Economists - Forecasters - US - Economy - Brink
Elsewhere, multiple economists and forecasters have speculated that the U.S. economy is on the brink of a “crisis,” even predicting that President Trump’s trade policy could trigger an economic “collapse” or a recession.
As it turns out, this was just another example of the press trying to deceive Americans about the President’s accomplishments.
Assessments - References - Dips - Stock - Market
Such gloomy assessments typically include references to recent dips in the stock market, but even that notoriously unreliable economic indicator has lost its usefulness to the anti-Trump media. In early trading immediately after the release of the BLS report, the Dow Jones Industrial Average rose by more than 600 points and was up by more than...
Wake Up To Breaking News!
A man rises to the greatness that is expected of him.