Listen to the whining Democrats and the nay-sayers of the mainstream media and you would think that Trump’s policies were hurting the economy and ruining the lives of millions of Americans. Going into the 2018 midterm elections, they are still trying to pound it home that the GOP tax cuts mostly help the top 1% of the wealthy and that you and I will be paying more in taxes soon.
What they aren’t telling is that the unemployment level has dropped to 3.9%, the lowest since 2000 and before the Clinton-caused recession. Top economists are attributing this to the tax cuts and Trump’s policies, all of which are spurring a thriving economy, something Democrats can’t stand and want to end.
(Breitbart) – The U.S. economy added 164,000 jobs in April and unemployment ticked down to 3.9 percent, the lowest since before the bursting of the tech bubble at the end of the last century.
Economists had forecast nonfarm payrolls to grow by 192,000 and unemployment to tick down from 4.1 percent to 4.0 percent, according to Thomson Reuters. The unemployment rate had been stuck at 4.1 percent for sixth months.
April’s employment report showed that hiring has snapped back from a particularly weak March when the economy added just 135,000 jobs, according to the revised figure released Friday. Initially, March was reported to have added just 103,000 jobs. March’s weakness was likely due to harsh weather and payback from a particularly strong hiring month in February, which added 324,000 jobs after Friday’s revisions…
When the Democrats try to convince the people that they will end up paying more in taxes, that’s based upon the fact that the tax cuts will eventually end, if not extended and that the tax cuts will not pay the difference in loss tax revenue but some are reporting that it is paying for itself with more spending.