Larry Kudlow Discusses Overall Strength of U.S. Main Street Economy…


National Economic Council Chairman Larry Kudlow appears on Fox Business to discuss the latest excellent jobs report and the overall strength of the U.S. economy.

Additional points of interest discussed are the U.S-China trade negotiations, the status of the internal Beijing communist control over their economy and the ongoing issues with the EU.  Lots of good MAGAnomic news.

Stupendously Splendid Jobs Report – October Jobs +128,000, Aug/Sept Revisions +95,000, Wage Growth +3.0%…


Jumpin’ ju-ju bones, the October jobs report has blown away all expectations in every possible metric.  It’s not just the top-line job gains, the two month revisions are huge.

The Bureau of Labor Statistics (BLS) report for October shows 128,000 job gains; and that number includes absorption for negative impacts due to -20,000 census workers coming off federal payrolls, and -42,000 striking auto-workers.  Far better employment numbers than all projections and estimations.

Additionally, the prior two months had massive upward revisions. August was revised up by 51,000 (from +168,000 to +219,000), and the change for September was revised up by 44,000 (from +136,000 to +180,000). With these revisions, employment gains in August and September combined were 95,000 more than previously reported (BLS Link).

“The October jobs report is unambiguously positive for the US economic outlook,” said Citigroup economist Andrew Hollenhorst. “Above-consensus hiring in October, together with upward revisions to prior months, is consistent with our view that job growth will maintain a pace of 130-150K per month. Wage growth remaining at 3.0% should further support incomes and consumption-led growth.”  (link)

The strong employment results are so strong the results now have all of the financial pundits reassessing their prior perspectives on the state of the U.S. economy.

Within the household survey data the civilian labor force grew by 325,000 in October; as the total civilian population grew by 207,000.  Additionally the household data shows the number of people employed grew last month by 241,000.

[Household Survey – Table A – BLS link]

The overall unemployment rate remained relatively unchanged at 3.6 percent, and almost every category of worker is at record low unemployment rates.

Everyone that wants to work is able to find a job easily.  Additionally, the year-over-year wage growth remains +3.0 percent, which is much higher than inflation.

The financial pundits are quite shocked at the strength of Main Street and reevaluating their perspectives on the U.S. economy.  Here’s a few examples:

.

Steve Guest

@SteveGuest

CNBC reports strong job & wage growth in October

Embedded video

America’s Newsroom

@AmericaNewsroom

LISTEN: @cvpayne weighs in after the October jobs report says the US economy added 128,000 jobs

Embedded video

24 people are talking about this

Trump War Room (Text TRUMP to 88022)

@TrumpWarRoom

“Black unemployment rate another historic low at 5.4% that’s the lowest since they’ve been keeping records.”

Embedded video

2,724 people are talking about this

Reuters Business

@ReutersBiz

U.S. construction spending beats expectations on homebuilding https://reut.rs/322ZYLL 

View image on Twitter

MAGAnomics,… starts every day strong with a winnamin!

Trump Family Moves to Florida…


Tonight President Trump has announced via twitter that he and Melania Trump have moved their official legal residence from New York, NY, to Palm Beach, Florida:

President Trump Tweets Funny Meme About Hero Special Forces Canine – Media Lose Their Minds…


Earlier today President Trump tweeted a funny meme of the Hero canine from the Baghdadi raid getting a medal featuring a dog paw:

Cute and funny right?

Not so fast…

Unfortunately, highlighting the absolute jaw-dropping level of media nuttery, the White House reporters actually lost their minds about it; called the White House, demanded explanations, wrote articles about it not being real; and generally went bananas.

No, seriously; they did.  Look:

Steve Herman

@W7VOA

I’ve requested details from the @WhiteHouse on this photo.
There was no such canine event on today’s @POTUS schedule but there is a Medal of Honor ceremony set here for later today for an active duty Green Beret. https://twitter.com/realDonaldTrump/status/1189601417469841409 

Donald J. Trump

@realDonaldTrump

AMERICAN HERO!

View image on Twitter
14.3K people are talking about this

Mieke Eoyang

@MiekeEoyang

The President is disseminating fake news.

The President is sharing fake news about the nation’s highest valor award.

The President is sharing fake news replacing the photo of a Medal of Honor recipient with a dog. https://twitter.com/nytimes/status/1189638121186562049 

The New York Times

@nytimes

President Trump on Wednesday shared a photograph from 2017 altered to show him placing a medal around the neck of the dog injured in the raid that led to the death of Abu Bakr al-Baghdadi, the Islamic State’s leader.https://nyti.ms/2JB49be 

629 people are talking about this

The New York Times

@nytimes

President Trump on Wednesday shared a photograph from 2017 altered to show him placing a medal around the neck of the dog injured in the raid that led to the death of Abu Bakr al-Baghdadi, the Islamic State’s leader.https://nyti.ms/2JB49be 

Trump Tweets Faked Photo of Hero Dog Getting a Medal

The joke photo appeared to use an image from a 2017 Medal of Honor ceremony. The medal recipient was amused.

nytimes.com

6,196 people are talking about this

Jim Acosta

@Acosta

A WH official said “the dog is not at the WH.” https://twitter.com/realDonaldTrump/status/1189601417469841409 

Donald J. Trump

@realDonaldTrump

AMERICAN HERO!

View image on Twitter
16K people are talking about this

These journalists are nuts.

Moonbats.

All of them.

Good grief, everyone knew it was just a silly and cute picture about a hero canine who was wounded in the successful raid on Abu Bakr al-Baghdadi.   Everyone with a normal and stable-minded constitution that is.

Bizarre.

Doggo-gate or something similarly impeachable….  gottabe.

Nikki Haley, President Trump and MAGA Convenient Friction…


You might have noticed today how former U.S. Ambassador to the U.N, Nikki Haley, has grabbed multiple headlines.  Apparently within her new book, the former South Carolina republican – who removed historic monuments and then moved her permanent residence to New York, has outlined Rex Tillerson and John Kelly as stealth insiders working to undermine President Trump and attempting to bring Haley into their clique.

This move is so typically Nikki Haley it would almost have been predictable right?

Well, it was.

In 2018 CTH foretold and forewarned of exactly what Nikki Haley would do.  She is as predictable as the sunrise.  [SEE HERE]  Everything about Nikki Haley is opportunistic, political and false.  Nikki Haley is the female version of Mitt Romney.

CTH Archives […]  Due to the increasing success of the MAGA or Trump Republican apparatus, Haley will need to carefully position herself as a stealth Decepticon and not upset the vulgarian hordes; ie. the new republican party base voter.

As a smart and tactical politician Haley will invest heavily in the optics of supporting the MAGA movement; and embrace President Trump to avoid any conflict. (more)

I’m not going to write about it again.  CTH forecast exactly what would happen.

Nikki Haley relies on people with short memories.  She is a liar, a manipulator, and a purely political animal.   She wants to be president.  She will manipulate anyone and everyone in the process in order to achieve her career goals.

Remember in January 2016 when Nikki Haley gave the State of the Union rebuttal so she could attack the outside candidacy of Donald Trump?   A month later she endorsed Marco Rubio for president.  Or maybe you remember in June 2016 when Nikki Haley blamed Trump supporters for causing violence in San Jose?

Nikki Haley has one priority, Nikki Haley.  Everything else is a transaction.

She claimed South Carolina as her home in order to advance her political career.  Haley would never have become Governor without the endorsement of Sarah Palin and the help of the Tea Party; months later Haley openly rebuked, dismissed and disparaged Ms. Palin.

Haley enamored herself with the uniparty political ruling class, and after the politically correct and opportunistic response to the Emmanuel Church shooting, including the removal of all confederate flags, civil war monuments and historic South Carolina history….. she bailed out of South Carolina permanently and moved to New York.

Haley is for Haley, and she will do anything, sell-out anyone, and hitch her wagon to any helpful enterprise (ie. MAGA) to attain her political ambitions.  In 2016 she thought Marco Rubio was her best play; then she moved to join the Trump administration.  Now she has her eyes on the oval office.

She is the worst form of politician.

If Nikki Haley can ride a coup into the White House….

Don’t take my word for it, ask Rex Tillerson and John Kelly.