Despite all the drama and the Russia brouhaha presented by the mainstream media, the new administration is doing pretty good, and I am talking about what has been described as the Trump Effect on US economy.
Fox Business reports that the job numbers for March are pretty wild, beating expectations/estimates with almost 50%. United States private employers added 263K new jobs in March, which is more than the number of jobs created in February.
Previous estimates put March jobs numbers at 185,000, but according to a new report from a payroll processor revealed on Wednesday, the real life situation with regard to job creation is better than the theory.
Also, consumer confidence is high as a kite, a 17 years record high actually, while the unemployment rate seems to be steady, at 4.7%, or at least these are the official numbers.
This is the first time since 2008 when a majority of US citizens are optimistic about the future of the economy, i.e. 58% of Americans think that the economy is in good shape and things are going in the right direction.
Jobs creation is one of the fundamentals on President Trump’s agenda and a pivotal issue from his campaign. Currently speaking, the left wing mainstream media is obsessing with fake news stories about the so called Russian coup/meddling in the election, while positive economic news are swept aside and mostly ignored.
It’s also worth mentioning that the Republican dominated House led by Paul Ryan has not produced a single piece of legislation so far. The RINOS led by POS Ryan are working overtime to divide the House and make sure nothing gets done, ensuring that each and every one of Donald Trump’s campaign promises are slow walked and “killed” before they reach the floor.
— Donald J. Trump (@realDonaldTrump) April 6, 2017