|The buildup to last Friday’s jobs report had a familiar story: Market “experts” and liberal critics of the President joined to boldly predict that October would be a lousy month for job growth. The booming Trump Economy would finally grind to a halt, they said.
But if there’s one thing these “experts” are consistent with, it’s being reliably wrong in anything having to do with President Trump or his policies.
🎬 Larry Kudlow: The facts don’t lie: “Middle-income families are flourishing.”
Friday’s jobs report smashed all expectations—yet again—as the economy added 128,000 new jobs during the month of October. That tally far exceeds the 85,000 mark predicted by economists. (The real number is even better: Accounting for the recently resolved General Motors strike, as well as for positive revisions to the totals for August and September, more than 300,000 jobs have been added to the U.S. economy.)
The historic news didn’t end there. Wages are on the rise across America, with 15 straight months and counting of 3 percent or higher average hourly pay increases.
President Trump is heading to Kentucky tonight, where this blue-collar, middle-class boom is lifting up families across the state—even if the Beltway media can’t bring itself to acknowledge the success of hardworking Americans under a conservative President.
In the Bluegrass State, the numbers tell the story:
- 48,000 jobs have been added in Kentucky since President Trump’s election.
- That total includes 7,400 manufacturing jobs and 1,800 construction jobs.
- Kentucky’s unemployment rate reached 4% earlier this year, the lowest rate ever recorded in the state.
- Its unemployment rate has been under 5% for 26 consecutive months, something that didn’t happen even once under the previous Administration.
Those results aren’t likely to change anytime soon—unless things get even better. Last month, UPS announced plans to invest $750 million and create an additional 1,000 jobs at their major air hub in Louisville.
The liberal echo chamber might want to pump the brakes on their doom-and-gloom predictions for a while. For a better barometer of how America is doing, they can put down their “expert” op-eds, step outside the Beltway, and talk to some American workers. With more than 6.7 million jobs added since President Trump’s election, the best is yet to come.
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