Trump Economics – February Private Sector Job Growth Shatters Expectations, 298,000 Jobs Added…

…“and we will win, and you will win, and we will keep on winning; and eventually you will say we can’t take all of this winning, …please Mr. Trump …and I will say, NO, we will win, and we will keep on winning”.

~ Donald Trump

The February jobs report was released earlier today and the results stunned the markets. Employment in the private sector surged by 298,000 for the month However, no forecaster anticipated manufacturing and construction jobs growing over 106,000 jobs.

Construction jobs swelled by 66,000 and manufacturing added another 32,000. A stunning reversal in the sectors gaining the most significant growth in the first full month of a Donald Trump presidency:

The total shattered market expectations of 190,000, according to economists surveyed by ADP. The blockbuster report also solidified market expectations for the Fed to hike interest rates next week. Probability for an increase jumped to 91 percent after the release, according to the CME.

The report encompassed the first full month under President Donald Trump, who has pledged to rebuild the nation’s aging infrastructure system. (read more)

The results are so far beyond expectations that all current forecast models are being revised.

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[…]  The year is off to a sizzling start for job creation, according to the ADP counts. January added 261,000 positions, a number that was revised upward from the originally reported 246,000.

“Confidence is playing a large role,” Mark Zandi, chief economist of Moody’s Analytics, told CNBC. “Businesses are anticipating a lot of good stuff — tax cuts, less regulation. They are hiring more aggressively.”

Services led the way with 193,000 new jobs, with 66,000 coming from professional and business services. Health care added 38,000 while information-related jobs came to 25,000.

Job creation was fairly evenly distributed across business size. Companies with 50 to 499 employees added the most with 122,000, while small firms added 104,000 and large contributed 72,000. (link)

President Trump has proposed such a significant paradigm shift in U.S. production and manufacturing that he has almost single-handily uncoupled federal economic policy from Wall Street and attached it to the Main Street economic engine.

This result is stunning, yet not unexpected by those who have taken deep dives into the possibility.

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REMINDER – One of the larger hurdles President Trump faces is a need to re-educate an entire generation on a fundamentally new vision of the U.S. economy. A return to a Pro-Main Street, goods-based, manufacturing, technology, innovation and industry driven economic model.

Interestingly, many people have referenced a 1991 (25 years old) video of Donald Trump testifying before congress – as evidence of him being tuned in to political consequences of economic activity. The entire video is well worth watching because it gives you insight into a very specific moment in time as they discuss the ‘Reagan era’ 1986 tax reform act.

For the sake of this discussion post I would like to draw your attention to a very specific exchange between Donald Trump and Representative Helen Delich Bently (R-MD).

Representative Bently takes the discussion a little off subject from real-estate and engages Mr. Trump on U.S. manufacturing. Remember this is 1991. (The video is prompted to @39:24) Watch – it’s only about two minutes:

[Related Note – During Donald Trump’s testimony before congress in this video, Senator Marco Rubio and Senator Ted Cruz were approximately 20-years-old. This understanding sets the backdrop for a generation who is disconnected from the previous economic model being discussed within the congressional committee itself.]

In this 1991 hearing, Representative Helen Bently is pointing out an ongoing erosion of U.S. manufacturing. Notice how she references current trade deals and “fair trade” versus “free trade”, sound familiar? It should.

trump hard hatWhat you will find in all of Donald Trump’s positions, is a paradigm shift he necessarily understands must take place in order to accomplish the long-term goals for the U.S. citizen/worker as it relates to “entitlements” or “structural benefits”.

All other politicians begin their policy proposals with a fundamentally divergent perception of the U.S. economy. They are working with, and retaining the outlook of, a U.S. economy based on “services”; a service-based economic model. Consequently their forecasted economic growth projections are based on ever-increasing foreign manufacturing dependency, and even more solidifying service-based economics.

While this economic path has been created by decades old U.S. policy, and is ultimately the only historical economic path now taught in school, Trump intends to change the course entirely.

Because so many shifts -policy nudges- have taken place in the past several decades, few academics and even fewer MSM observers, are able to understand how to get off this path and chart a better course.

President Trump is proposing less dependence on foreign companies for cheap goods, (the cornerstone of a service economy) and a return to a more balanced U.S. larger economic model where the manufacturing and production base can be re-established and competitive based on American entrepreneurship and innovation.

No other economy in the world innovates like the U.S.A, Trump sees this as a key advantage across all industry – including manufacturing.

The benefit of cheap overseas labor, which is considered a global market disadvantage for the U.S., is offset by utilizing innovation and energy independence. Removing many of the burdensome regulations eliminates choking business costs and provides an offset for any import cost increases.

The third highest variable cost of goods beyond raw materials first, labor second, is energy. If the U.S. energy sector is unleashed -and fully developed- the manufacturing price of any given product will allow for global trade competition even with higher U.S. wage prices.

In addition the U.S. has a key strategic advantage with raw manufacturing materials such as: iron ore, coal, steel, precious metals and vast mineral assets which are needed in most new modern era manufacturing. Trump proposes we stop selling these valuable national assets to countries we compete against – they belong to the American people, they should be used for the benefit of American citizens. Period.

EXAMPLE: Currently China buys and recycles our heavy (steel) and light (aluminum) metal products (for pennies on the original manufacturing dollar) and then uses those metals to reproduce manufactured goods for sale back to the U.S. – Donald Trump is proposing we do the manufacturing ourselves with the utilization of our own resources; and we use the leverage from any sales of these raw materials in our international trade agreements.

When you combine FULL resource development (in a modern era) with with the removal of over-burdensome regulatory and compliance systems, necessarily filled with enormous bureaucratic costs, Donald Trump feels we can lower the cost of production and be globally competitive.

In essence, Trump changes the economic paradigm, and we no longer become a dependent nation relying on a service driven economy.

In addition, an unquantifiable benefit comes from investment, where the smart money play -to get increased return on investment- becomes putting capital INTO the U.S. economy, instead of purchasing foreign stocks.

With all of the above opportunities in mind, this is how we get on the pathway to rebuilding our national infrastructure. The demand for labor increases, and as a consequence so too does the U.S. wage rate which has been stagnant (or non-existent) for the past three decades.

As the wage rate increases, and as the economy expands, the governmental dependency model is reshaped and simultaneously receipts to the U.S. treasury improve. More money into the U.S Treasury and less dependence on welfare programs have a combined exponential impact. You gain a dollar, and have no need to spend a dollar. That is how the SSI and safety net programs are saved under President Trump.

When you elevate your economic thinking you begin to see that all of the “entitlements” or expenditures become more affordable with an economy that is fully functional.

As the GDP of the U.S. expands, so too does our ability to meet the growing need of the retiring U.S. worker. We stop thinking about how to best divide a limited economic pie, and begin thinking about how many more economic pies we can create.

President Donald Trump’s “America First” economic thinking is intensely generational in scope.

Simply put, we begin to….

…..Make America Great Again !

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137 Responses to Trump Economics – February Private Sector Job Growth Shatters Expectations, 298,000 Jobs Added…

  1. PaulyWalnuts says:

    You didn’t build that – Obama

    You can do anything – Trump

    Liked by 44 people

    • Kaco says:

      They made it sound like it was impossible, “Those jobs aren’t coming back.” With the right policies, they apparently do. You just can’t have a country this large not manufacturing and producing with a “service economy.”

      Liked by 19 people

      • Tazz2293 says:

        “You just can’t have a country this large not manufacturing and producing with a “service economy.””

        Truth in your words

        Liked by 6 people

      • Aparition42 says:

        I’ve never understood the way these people say “service economy” as though it’s a desirable thing to work towards. “Service” means flipping burgers, making beds, mowing lawns, giving pedicures, etc. Why in the hell would anyone want to turn the entire country into servants?

        Oh wait, I think I just answered my own question.

        Liked by 28 people

        • Reality Wins says:

          Ever notice that the more we become a ‘service economy’ the worse service gets?

          Liked by 22 people

          • Ploni says:

            Oh my goodness, isn’t that spot on!

            It’s like today, with everyone owning a cell phone, you can’t get your messages returned.

            Liked by 6 people

          • Aparition42 says:

            There’s a good reason most service jobs used to be reserved for teenagers as first jobs to gain experience. When adults are forced by economic circumstance to work low-level service jobs, there’s just something a little soul-crushing about it. The less skill required to complete a task, the less attention a worker will pay to it. When there’s no perceived possibility of upward mobility to reward ambition, complacency erodes work ethic.

            Under normal economic principles, a labor glut should in theory increase customer service, because employees should feel a danger of losing their jobs, but when the “safety net” is just as high or higher than the bottom rung of the ladder, the attitude changes from “how can I help you” to “what’s the point?”

            Our society has normalized being on the dole to the point that people don’t feel ashamed of receiving assistance. We’ve allowed people on food stamps to swipe a card that looks just like everyone else’s bank card instead of fumbling with an embarrassing paper book while the line builds up behind you. Subsidies and assistance checks are direct deposited to the recipient’s bank account rather than making them go to the office and wait in line.

            Without the stigmatization of being poor, low-level employees actually begin to see themselves as worse off than the jobless people that seem to have just as much, if not more than they do. All too often, this leads to under-achieving. These disenchanted employees work only as hard as they feel is warranted by the difference between their lifestyle and the lifestyle of the unemployed.

            Liked by 2 people

        • Dan P. says:

          Because Obarmy/Clinton Liberals would prefer that we Conservatives just be their wage slaves and pay for all their entitlement programs by working til we drop dead. “Service Jobs” my kiester, without real jobs in manufacturing, there is no middle class. Obama even went so far as to include destroying the ability to get 30 year mortgage in his EPIC FAILURE OBAMA DON’CARE by ruining the FHA system. The fact is that creep was the very worst abomination that ever walked free, he IS a lying moslem, anti-American, anti-white anti-Christian menace that should be locked up in Guantonomo Bay for the rest of his life!

          He deliberately tried to destroy the American way of life and all our hopes and dreams!
          If that does not warrant a firing squad, I don’t know what does!

          Like

      • R-C says:

        With *their* policies, “those jobs” truly weren’t coming back.

        With *OUR* policies…hiring BOOM!

        Liked by 14 people

      • The problem is the politicians have been conditioning us for YEARS AND YEARS that we need them to ‘fix’ stuff for us…. when THEY have been the ones, all along, holding back the ginormous engine that is the American Worker. People from the age of 10-30ish have been conditioned for un-greatness!

        Liked by 7 people

      • vinchenzer says:

        Here’s the Left’s “lord and savior” saying before Trump became President and before he spied on him, that the jobs were not definitely coming back. Wha? LMAOOO. Obama is truly a dimwit; he is the poster-boy for the Democrats.

        Liked by 5 people

      • mike says:

        The Kenyan dictatorship is almost gone, retreating to its roots.
        Probably needs a weed treatment.

        Liked by 2 people

      • jdvalk says:

        And you can actually say no to things like the economic and safety nightmare of driverless trucks which only benefit the consolidated oligarchs. All of a sudden, this forced change doesn’t have to happen simply because they demand it.

        Like

    • NJF says:

      “Impossible is just a starting point.”

      ~DJT Jr on his father’s mindset.

      Liked by 13 people

    • sundance says:

      President Trump’s must be waving that “magic wand” again…

      Liked by 20 people

    • Rex Brocki says:

      Pauly, that’s an echo (and a very good one, my compliments) of the different comments from socialists and capitalists on viewing the very same rich man’s mansion:
      Socialist: “How terrible… no one should have a mansion like that.”
      Capitalist: “How wonderful… everyone should have a mansion like that!”

      Liked by 3 people

    • Dmi60 ex says:

      If you get the economy rolling and people making money ,you will be surprised how all these insurmountable problems, health care ,,social security will be much easier to address.
      I have always said, people want stuff ,they want to work ,they are willing to work hard A booming economy is not rocket science ,just turn the people loose and reward hard work.

      Like

    • sundance says:

      Liked by 7 people

    • Is MSM reporting any of these? I wouldn’t think so but then I don’t watch them!

      Like

    • tellthetruth2016 says:

      Actually, Obama has NEVER built nothing or worked a day in his life….. All this POS has ever done has been a free loader off of this Country and a community “protester” because he sure hasn’t “organized” anything either …..

      Liked by 1 person

  2. Kaco says:

    Great news. I’d like to know what the opposition has against this? It’s the morally right thing to do.

    Does anyone know when the tax cuts are happening? I imagine many of these companies are relying on the 15% corporate tax Pres. Trump has proposed. Hasn’t Ryan, with his “Better Way”, proposed it a 20% tax?

    Liked by 1 person

    • rsanchez1990 says:

      President Trump has said that they need to do their Obamacare changes before moving on to the budget and tax changes, so we might see more on tax cuts from President Trump soon.

      Liked by 1 person

      • fred5678 says:

        Healthcare is 1/6 of the economy and healthcare bill will affect taxes bigly, so tax bill comes after healthcare. But RIGHT after!!

        Liked by 5 people

        • Kyrissaean says:

          well medical industry take more reasonable tax payer money that is not super marked up from actual manufacturing/service cost but expand affordable quality coverage to all, will lower operating cost. so trump’s tax plan goes hand in hand. we could have better everything from AAA video games with anime cut-scenes rather than cell shaded, cost of wall/michigan pipes lower but still quality and more money left over like wall be upgrade that harness excess rain fall from flooded storm prone places. more menu items,variety, maybe remove restrictions of unsuited for western audience themes.

          Like

      • Aparition42 says:

        The budget is also an integral aspect of tax policy. Right now they’re still slashing and burning all the ridiculous crap that our government has been buying with our grand-kids’ money so they can present it to the American people and prove that there’s no reason for taxes to be so high once you eliminate the fraud, waste, and abuse. They’re on the right path, but there’s a lot of fraud, waste, and abuse to go through before they’re done.

        Liked by 1 person

    • WSB says:

      After dinner.

      Like

  3. Rainer says:

    America first. Go President Trump!

    Liked by 1 person

  4. rsanchez1990 says:

    Great numbers, and President Trump is just getting started. I think we can expect a month with a million jobs added in the next year. Nothing to back that statement up, just a reflection of my faith in President Trump’s economic plans.

    MAGA is happening!

    Liked by 4 people

  5. MIKE says:

    Massive winning. I cannot wait to laugh out loud at the inevitable attacks from the ‘nattering nabobs of negativity’ surely to come, when I tune in around 11:00 pm tonight.
    Thanks to the “two trains running” model I learned here, I’m actually getting this stuff.
    Heightened sense of enlightenment, to paraphrase some ninny I saw on Tucker Carlson.

    Liked by 2 people

  6. Disgusted says:

    Wouldn’t “International Women’s Day” be the most natural and perfect day to send Hillary off to prison? A few hours left within which to make it happen!

    Like

    • Aparition42 says:

      Nah, her cellmates will not be taking the day off when she arrives. Especially Pat, the 280 pound MTF that the leftists felt deserved to be in a prison that matches the gender with which xe identifies.

      Liked by 2 people

  7. This, together with the news from Exxon-Mobil yesterday, I’m over the moon baby!

    Liked by 6 people

  8. Just imagine a year from now, then two years…

    Liked by 4 people

  9. jello333 says:

    I think some people are beginning to EXPECT this kind of Trump Effect. I mean like in the currency markets…. normally such a huge miss in the NF Employment prediction would cause a massive move. But today, while it moved a bit, it was nothing like would have occurred in the past. It’s almost like everyone is saying “Yeah, big deal, this is Trump we’re talking about, so of course the numbers are gonna start improving.” Ho hum… 😀

    Liked by 1 person

    • Aparition42 says:

      The markets are a false economy based on expectations, rumors, and marketing. They’ve been breaking records so long, a cooling is to be expected soon because the higher it gets, the more people begin to suspect a peak is imminent so sales will begin to accelerate as predicting the peak becomes self-fulfilling prophecy. None of this has anything to do with the reality on the ground, just the perception of what reality probably will be in the near term, and to a lesser extent, the long term.

      When you buy shares in a company, the company doesn’t actually get one red cent of that money, so stock investment is completely divorced from actual investment in new or growing businesses. As the predictions begin to favor actual reindustrialization, more money will be funneled into actual ground-floor investment in building new businesses, and this will likely be reflected in the overall market as a dip if not a fall.

      Rather than looking at stock indexes like the DJI or S&P which only monitor stock price of old established businesses, watch for the number of Initial Public Offerings to increase as this is the only point in the stock game when a company actually gets invested in by the market.

      https://site.warrington.ufl.edu/ritter/files/2016/03/Initial-Public-Offerings-Updated-Statistics-2016-03-08.pdf

      Check out Table 6 on page 22 of this PDF for the number of IPOs per year from 1990 to 2015. From 91 to 00, you can clearly see the chaotic tech industry boom brought about by the deregulation of ARPANET giving rise to the modern internet. Then in 2001, the “dot com” crash hits hard and IPOs fall from 372 to 77 and continue to decline for three years before a more sustainable growth resumes. Then in 2008, IPOs dropped to an abysmal 21 and never fully recover their pre-Obama numbers.

      It’ll be a few years before this kind of data can be sorted out for 2016 on, but I’m willing to bet a very large “Trump Effect” will be reflected in the number of IPOs per year throughout his first term as a result of his common sense approach to reducing the regulations and taxes that strangle growth and encourage monopolism.

      Liked by 1 person

      • jello333 says:

        I think you’re right. But I just wanna say that your short explanation of the stock market and IPOs is just one reason why I no longer mess with that. I tried stocks once a long time ago, along with options, etc…. even commodity futures for awhile. I decided even if I spent my whole life trying to figure it all out, I’d still never REALLY have it figured out. So now, finally, I’ve found something more my speed… the Forex market. Don’t know why, but I actually think this is kinda fun. 😉 (I’ll let you know when I make my first million. 😀 )

        Like

        • Aparition42 says:

          I’m the exact opposite. Bear in mind that I’m not a broker, and I’m by no means making enough money to justify other’s taking my advice, but I feel like I kind of “get” the stock market as a function of supply and demand filtered through human nature. Foreign currencies, though… The variables that go into exchange rates are so diverse, and all that Macro side stuff gives me headaches trying to follow. I’m in Florida, so I know if we get a late spring freeze, orange juice is about to get more expensive, but when you start talking about how a labor strike in Poland or an election in Taiwan or something is going to affect the Pound Sterling, I’m lost.

          Good luck to you though, I’ll buy you a drink when I make my million.

          Liked by 1 person

          • jello333 says:

            I almost got scared away before I ever began. Just a month after I started, THIS happened. Just lucky I only had a tiny trade open at the time! (Still by far the craziest thing I’ve ever seen in any market):

            Like

            • Aparition42 says:

              Yikes. A fairly similar, though not as extreme, thing happened to me just as I decided to try getting into precious metals. I allowed myself to get suckered into a lot of hype about the impending dollar collapse. Fortunately, I didn’t put much into it, but I did manage to buy pretty much right at the historic peak of gold prices. I haven’t really lost anything as long as I don’t sell it, but I may be holding it for a long time before that changes. That experience was one of the things that spooked me on currencies.

              Liked by 1 person

  10. Abster says:

    It is amazing what PTrump has accomplished in such a very short time and with such such. Ssopposition from every direction.

    Liked by 5 people

  11. helmhood says:

    No such thing as Impossible

    Liked by 2 people

  12. Peter says:

    This cracks me up.

    Winning
    [ ] tired
    [x] not tired

    Liked by 9 people

  13. Bill Brown says:

    The left hate this.
    America succeeding.
    America not exporting jobs.
    Alinsky will be turning in his grave.

    Liked by 4 people

    • so the good numbers under Obama were lies, but the same numbers under trump are truth…sorry, they were lies then and they still are

      Liked by 1 person

      • Ripcord56 says:

        What good numbers are you talking about? All those barista jobs that got created? All that 1% GDP growth everyone was so excited about? Doubling the national debt in 8 years? I’m confused. Which lying numbers are you referring to?

        Like

      • Bill Brown says:

        Yeah, part time Pizza Hut jobs for adults do not make for stable families.
        You are gonna be truly pissed when the US starts MANUFACTURING things again. I can tell.

        Like

      • Bill Brown says:

        J… in case you forgot the teachings of the Book of Bambi…..
        “How you gonna do that? Those jobs are not com’in back…..Folks.”

        Seems like the incompetent affirmative action community organiser wasn’t up to it or chose sabotage. You be the judge.

        Like

    • Aparition42 says:

      Just wait till they start sinking new wells in the gulf. Canada is going to be thumping their floor with a broom because of all the wailing and crying from the howling leftists.

      Liked by 3 people

  14. svenwg says:

    A man with a vision as well as a complete understanding of how the real world works has been elected by those citizens that are awake in a last ditch effort to not only save the USA, but to reverse the rot and create an even bigger and greater America. The establishment politicians have no idea of how to deal with him and in an effort to destroy him are in fact destroying their own credibility with the American voters. President Trump is not only President of the USA, but the man who can get the Western world to re-evaluate it’s self destructing policies and a chance to rectify their immigration crisis and rebuild the wealth that was destroyed way back during the First World War.

    Liked by 6 people

  15. entagor says:

    Why DEMs don’t create jobs.

    Dem Sen. Elizabeth Warren interviewed on MSNBC by Stephanie Ruhle
    “Ruhle then pushed back, “But Senator, you guys were in power for the last eight years. Why is it that it didn’t work for those good Americans you were working for?”

    Warren responded, “You know, let’s be clear about what it means to be in power. The Republicans had a blocking position. When they didn’t have a blocking position, we got the Affordable Care Act through, and when they didn’t have a blocking position, we got through the Wall Street reforms. But once they had a blocking position in the Senate and then in the House, we couldn’t get the minimum wage increase. We couldn’t get increases into Social Security. We couldn’t get a more progressive tax bill”
    http://www.breitbart.com/video/2017/03/08/msnbcs-ruhle-to-warren-you-guys-were-in-power-why-didnt-things-improve-for-regular-americans/

    Their version of helping is to put burden on business, and increase entitlement. That is a death spiral

    Liked by 4 people

    • Warren is part of the Democrat elite that are convinced, like Obama, that if they’d just explain it to us properly we would understand. Clearly, we are not smart enough to know what they know and they know what is good for us.

      It’s exactly why the Dems have lost over 1000 govt seats since 2008. They will never change. To do so would be to admit that they have been wrong for at least the last 20 years and that is never going to happen.

      Liked by 2 people

      • steph_gray says:

        She is also completely mired in socialism.

        Socialism. n. The belief that something can be worth anything other than exactly what people are willing to pay for it.

        Like

  16. Pam says:

    This was of course POTUS’ first full month in office. I was hoping for good numbers but these are fantastic. See, this is what the Dems are scared of.

    Liked by 4 people

  17. NJF says:

    Simply amazing

    *[…] The year is off to a sizzling start for job creation, according to the ADP counts. January added 261,000 positions, a **number that was revised upward** from the originally reported 246,000.*

    Ha, never heard any of Barry’s numbers being *revised up*.

    Liked by 4 people

  18. James23 says:

    This is a big f*ing deal!

    Liked by 5 people

  19. Disgusted says:

    Even BETTER would be “A Day Without ONE Particular Woman” , and she’d be off to prison here in Niantic Connecticut. So blue here. They’d all love having her live in their state.

    Liked by 2 people

  20. the jobs, GDP economic reports etc were BS under Obama and they still are

    Liked by 1 person

  21. 804hokie says:

    Now if the ENTIRE GOP in D.C. could do a substantive abortion of obamacare, that’d be great. Then tax cuts. Then give us actual freedom and cost-cutting measures in healthcare; do not try to repair that which cannot be fixed.

    Liked by 1 person

  22. entagor says:

    Dem version of infrastructure spending is Obamacare subsidies, and bailing out unions

    Dem version of educational spending is subsidized fat free lunches and collecting fines for non transgender bathrooms

    Dem version of research spending are grants to study why lesbians get fat

    Dem version of military spending is arming ISIS and free sex changes for any soldier who wishes to be castrated

    Dem version of housing spending is mandating mortgages for people who do not have the ability to pay mortgages

    Liked by 2 people

  23. MaineCoon says:

    President Trump has really jumped started this economy – something Jugears didn’t do in 8 years. Bet he is really, really mad!

    Liked by 3 people

  24. entagor says:

    The winds are so high here in Southgate Michigan I have lost power five times in the last 2 hours. Guess I have to shut down and have dinner before I end up sitting in the dark staring at the walls eating a peanut butter sandwich

    Best wishes, all

    Liked by 6 people

  25. “The February jobs report was released earlier today and the results stunned the markets.” The markets have been stunned every month for the last eight years, just not in a good way. Every single month all the elite prognosticators predicted the success of the socialist programs and were “surprised” at the pathetic jobs numbers. And to add insult to injury, generally those same numbers would be revised down 3 months later with no mention by the talking heads.

    Wait until the energy jobs start coming. In 2012, when Romney (apologies for bad memories there) was running, his team estimated that opening up our domestic energy could create 5 million jobs. 5 million. I believe it. Exxon’s announcement yesterday that they will invest $20 billion in refining projects on the Gulf Coast is huge and will start that rolling. Think about this. We are going to experience a trifecta of savings that business owners can then spend on expanding their businesses and consumers can spend on whatever they want. 1) Obozocare is going away. 2) Tax reform. 3) Gas prices are going to go down.

    I would use the term awesome to describe all of this but that’s yuge understatement. Thank you, in advance, Pres Trump.

    Liked by 4 people

    • wheatietoo says:

      Sec Zinke has quietly been working away…he opened up our Public Lands to Oil & Gas Exploration.
      This includes our Offshore Territories.

      Just wait till those jobs start kicking in.
      The results will be massive new job growth.

      Liked by 4 people

      • adoubledot says:

        Also in Trump Tracker’s list of legislation that’s been passed by the House waiting for Senate approval – the opening of ANWAR to drilling.

        Liked by 2 people

  26. Stringy theory says:

    Tremendous news for main street and we the people. Excellent exposition o, as always, by professor Sundance. Go Trump, MAGA!

    Liked by 1 person

  27. alliwantissometruth says:

    This is the Presidents ultimate weapon

    While the democrats don pussy hats & screech about seeing “Hitler walking these streets”, President Trump is producing real tangible results which will benefit all Americans

    The democrats speak of chaos & impeachment, that Trump has no idea what he’s doing, while the jobs pour back into the American landscape & the economic forecasts glow

    The democrats talk about “refugee” & illegal aliens “rights” while President Trump tries to do exactly what 80% of Americans wants him to do, stop the madness

    President Trump needs to take this directly to the people. Explain how he’s been able to do this much so far, with nothing but massive obstruction from the democrats & the entrenched bureaucracy. He needs to tell them to think about how much more he could be getting done if he didn’t face all these roadblocks & push back

    Again, a successful plan which benefits the people is the ultimate weapon which can & will drop the UniParty & the Deep State to their knees. The media won’t tell the truth, so the President must get this information out to the people

    This is how you fight back, success versus abject failure

    President Trump is loading his gun with the ammo of success. He needs to start firing

    Liked by 5 people

    • average Joe says:

      Colt is designing the TRUMP 45 ,it hits the target every time,Ruger has one they discontinued,called the senator , it don’t work ,and you can’t fire it.

      Liked by 2 people

    • deanbrh says:

      Don’t count on Trump firing a shot that can be heard. The left is deaf. They want nothing he has to offer unless it’s increased entitlements.

      Like

  28. bpk1300 says:

    While cheering the Boss, have a few giggles here

    https://intellectualfroglegs.com/spy-who-shagged/

    Liked by 4 people

  29. This news comes before the effect of building the Wall begins, as well as before the oil exploration and related construction jobs, AND before the military construction jobs at shipyards, space bases and vehicle factories begin.

    And hidden in these real, full time jobs and the employers who create them, guaranteed, is at least one new breakout company that will dominate the entire world. It’s the American way. Once the fire is lit, it spreads.

    This also sweeps away the Obama era malaise and defeatism, hypnotising people into believing defeat is inevitable, that the population will be replaced by mexicans and islamic savages, and so on.

    Now the heart beats strongly again; America is waking up.

    Everyone should confront any obstructionists they encounter directly, and tell them to stop blocking America’s future. It’s that simple.

    Liked by 2 people

  30. Duhders says:

    Very nice news. I did not like seeing this statement though:

    “The results are so far beyond expectations that all current forecast models are being revised.”

    Who cares about the stupid models, they clearly suck if you have to change them after 1-2 months of “something different”. Let’s just leave your sucky models alone, since you’re (whoever you are) clearly not as smart as you think if you can’t predict Trump’s actions based on his campaign promises would have an effect on business confidence. This way we can have an actual comparison and truthful conversation rather than a new expectation that will predict higher growth that will thereby allow the MSM to downplay the effects by using the difference in the new model vs actual rather than Obama’s actual vs Trump’s actual.

    Liked by 2 people

  31. And THIS is one of the ways we get out of debt!

    Thank you for everything you are doing President Trump.

    Thank you Sundance for explaining all of the healthcare, deep state and these jobs reports to keep us all informed!

    Maga!!

    Liked by 3 people

  32. And THIS is one of the ways we get out of debt!

    Thank you for everything you are doing President Trump.

    Thank you Sundance for explaining all of the healthcare, deep state and these jobs reports to keep us all informed!

    Maga!!

    Liked by 2 people

  33. “REMINDER – One of the larger hurdles President Trump faces is a need to re-educate an entire generation on a fundamentally new vision of the U.S. economy.”

    So true, when you have school teachers and professors who embrace climate change, globalism, communism and general, all-around “American UN-exceptionalism”. God speed and God Bless, President Trump!!

    Liked by 3 people

  34. wheatietoo says:

    Manufacturing Jobs are ‘job multipliers’.
    They cause a ripple effect out into the country…which spawns even more jobs to be created.

    The factory worker has ‘new money’ to spend.
    They go out and buy groceries, goods & services…which creates the need for even more jobs.
    They buy homes & durable goods…which creates the need for home construction jobs & more factory jobs.

    President Trump has started the ‘drumbeat’ and that beating must continue to resuscitate the Heartbeat of the American Economy.

    Already, the Left is whining…”But he’s not creating any govt sector jobs”.
    They call them “public sector”.
    But I call them ‘govt sector’ because that’s what they are.

    Government Jobs are revenue negative.
    They require tax dollars to fund them…or borrowed money.
    Even though taxes are withheld from govt jobs, that is merely recycled tax dollars.
    So the result is ‘revenue negative’, because it takes tax dollars to fund the salaries.

    We have far too many govt bureaucrat jobs as it is.
    We’ve been borrowing money to fund them.
    This is the most Unsustainable thing in our existence right now…and it must be cut back.

    Liked by 3 people

    • John says:

      That’s called monetary velocity which was about 0 under Prez 0.

      Like

      • wheatietoo says:

        Actually, it was less than zero…it was in negative territory.
        That is why Ozero added 10 trillion dollars to our National Debt.

        Like

    • WSB says:

      You bring up an interesting point. If the Department of Land Management can make money by leasing land (or selling some, for that matter), would there be ways for other departments to actually make money?

      Liked by 1 person

      • wheatietoo says:

        The US Postal Dept is an example of how well a govt dept makes money.
        They could make money…but most years, they don’t.

        The danger in making a govt dept into a profit-oriented operation, is the power that the govt has over ordinary citizens…the power of coercion and intimidation.

        I am all for putting up some of our Govt Land Holdings for sale to the private sector.
        This would help the States that those lands lie in…and make those land available for revenue production, which would be taxable both by Fed and State.

        Liked by 1 person

        • wheatietoo says:

          …make those lands

          Liked by 1 person

          • WSB says:

            wheatietoo, I gues I am asking…could our government be productive to an extent, that for example, Alaska is to their state citizens?

            If I am not mistaken, oil fields in that state are leased, and the citizens recieve a profit sharing check from the oil company renters’ profits. Very similar to share holders’ dividends in a publicly held company.

            Liked by 1 person

            • WSB says:

              Not trying to rebrand ‘Guess’.

              Like

            • wheatietoo says:

              That might work, and with mining leases too.

              For example, the Fed govt grants mining stakes to people for mining gemstones and those people get to keep whatever they find…with nothing going to we-the-people for the use of that land.

              That is just one small example.
              There are a lot of lands that have mineral deposits that mining companies would probably like to explore/develop.

              Liked by 1 person

  35. mcfyre2012 says:

    And…for the first time in years, first-time unemployment claims for the same time period are LESS than new jobs numbers !

    Somehow during the Obama years, the unemployment rate magically went down…even though first-time unemployment claims always were more than new jobs numbers (I’ve been following the numbers since 2012).

    Liked by 1 person

    • steph_gray says:

      I think it was because they kept kicking people who had supposedly “given up” (tell that to them!) out of the count. Counting fewer and fewer people kept raising the percentage of employed. My math is not the strongest but that feels correct…

      Also Lou D pointed out recently that it was often 4 sucky part-time jobs replacing 1 substantial full-time job with benefits.

      Liked by 2 people

      • mcfyre2012 says:

        Indeed. They used to count the seasonal/temporary jobs that started after Columbus Day and ended Christmas Eve.

        Like

    • Lburg says:

      It might be time to shine the Trump Spotlight on what the real unemployment rate is and has been for the past eight years (and make the method absolutely transparent).

      Liked by 1 person

  36. mikebrezzze says:

    Trump needs to give obama a job in Guantanamo bay!

    Liked by 2 people

  37. TylerMcKinkey says:

    This is just the first month. What are the dems going to say/do when we are consistently over 400K and approaching 500K?

    Liked by 3 people

  38. Nate Sliver just sat on his sliderule the wrong way.

    Liked by 3 people

  39. Shamrock says:

    What is the trade-off between buy American and subsidize worker salaries through tariffs? How to avoid bloated union salary and benefits which was the original cause of outsourced labor?

    Liked by 1 person

  40. CharterOakie says:

    Sundance — very good explanation of the economic and financial dynamics of more domestic production of goods vs. importation.

    Washington, Hamilton, Clay, Lincoln and so many other political leaders understood it. The purveyors of globaloney have done their best to change truth into lies.

    This is why I voted for Perot, Buchanan, Palin and Trump. Thank God a clear-thinking economic nationalist has finally been elected.

    MAGA!

    Liked by 5 people

  41. Curry Worsham says:

    And, just like whenever there was a whiff of positive economic news for Obama, the CBS Evening News led with the story… oh wait, they never mentioned it.

    Liked by 2 people

  42. Rex Brocki says:

    From my dear Canadian wife, when I read her this story:
    “Yeah, all those people who said they’d move to Canada if Trump won? Why the blankety-blank would any of them think we would WANT any of those losers?? Some of the Trump people, now those we could use… we’ve got Trudeau to get rid of!”

    Liked by 4 people

  43. darththulhu says:

    Not. Tired. Of. #Winning

    Liked by 1 person

  44. dbethd says:

    The Little Engine That Could: “I think I can, I think I can, I think I can.”
    The Trump Train: “…we will win, and you will win, and we will keep on winning…”

    Liked by 1 person

  45. KeepingtheFaith says:

    Where are these jobs? Not seeing much changing where I live….time to move?

    Like

  46. fakenoozisforfools says:

    What struck me about the video in this article (after the initial 2 minutes with the lady Republican) is the several minutes of back-and-forth between Trump and the Democrat representative from Louisiana. Reminding myself that this was from 1991, I was struck at how much sense the “gentleman from Louisiana” made. There isn’t a single Democrat in Congress today that could have made the presentation this guy did. There was nothing wacko left-wing, nothing strident, no reference to victim groups. I had forgotten what it was like in those days when a certain segment of the Democrats in Congress were not the crap weasels they ALL are today. The decline started with the Clintons, it accelerated with Bush winning a squeaker over Gore in 2000, and went to Mach 10 with the election of 0bama in 2008 and to Mach 20 with the defeat of Hillary in 2016. Such a conversation as was had between Trump and the LA congressman in this video would be impossible in today’s political climate. Not only is no one on the Democrat side intelligent enough to have it, it wouldn’t be allowed by their leadership.

    Like

  47. wodiej says:

    Trump must be getting great satisfaction in being able to fix these things that he has seen broken for decades. I am anxious to watch how the trading issue goes. These people know Trump is a fearless leader and they are not so arrogant now.

    Like

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