Super-MAGAnomic-Winning: U.S. Added 250,000 Private Sector Jobs in December – DOW Closes Above 25k…

According to ADP payroll reports the U.S. economy added a whopping 250,000 jobs in December exceeding the earlier forecast of 190k. The DOW jumps over 25,000.

This jobs report bolsters confidence in the MAGAnomic prediction shared two years ago. So long as current economic trends continue, the explosion in private sector wage rates, middle-class wages, will begin around Q2 of this year (April – June). Once the eight year Obama-labor-lag is fully absorbed, a tighter job market will put upward pressure on real wages.

The Main Street economic engine, the “real economy”, is now positioned to overtake the Wall Street engine, the “paper economy”. Meaning actual profits and losses, real economic GDP growth, will drive company earnings and valuations in 2018.

There is an economic policy synergy now taking place.  The tax package that was passed shows how President Trump’s economic policy drivers (Ross, Cohen, Mnuchin) have structured Main Street businesses to willingly afford the wage rate increases.

The MAGAnomic dynamic is two-fold. The tax rates for the middle-class have dropped; simultaneous to this tax change increasing take home pay, the business sectors will have room to drive actual hourly wage rates higher. Lower rates and higher wages has a compounding impact on the amount of money in workers paychecks/pockets. See how that works?

[CNBC] The total brought 2017’s private payroll growth as gauged by ADP and Moody’s to 2.54 million, an average of 212,000 a month.

Job growth was broad based, as professional and business services led the way with 72,000 new positions. The education and health services sector was next at 50,000 and trade, transportation and utilities contributed 45,000. Wall Street-related payrolls grew by 19,000.

[…] By size, businesses with between 50 and 499 employees added 100,000 jobs while small firms hired 94,000 and large companies contributed 56,000 to the total.

“The job market ended the year strongly,” Moody’s chief economist Mark Zandi said in a statement. “Robust Christmas sales prompted retailers and delivery services to add to their payrolls. The tight labor market will get even tighter, raising the specter that it will overheat.”

Overall, service-related companies were responsible for the balance of jobs, with 222,000 new hires. Goods-producing industries added the rest, with construction growing by 16,000 and manufacturing by 9,000.

The private payrolls numbers come a day ahead of the government’s closely watched nonfarm payrolls report. (read more)

The bottom line is how the MAGAnomic policy builds upon itself.  As middle-class workers have more disposable income they buy stuff.  Consumer spending drives GDP growth.

Higher middle-class wages mean U.S. consumers are no longer dependent on cheap foreign manufactured products.  This boosts the investment outlook for U.S. manufacturing.  The business cost dynamic shifts from the perspective of the U.S. as a service economy and the outlook becomes a balanced production economy.

President Trump’s MAGAnomic policy is breaking the historic cycle of low wages and cheap import product dependency.

Exactly as planned.

NOW, PLEASE WATCH:

.

See how that works?

.

Advertisements
This entry was posted in Budget, Donald Trump, Economy, media bias, Patriotism, President Trump, Taxes, Trade Deal, Uncategorized, US Treasury, USA. Bookmark the permalink.

119 Responses to Super-MAGAnomic-Winning: U.S. Added 250,000 Private Sector Jobs in December – DOW Closes Above 25k…

  1. Pam says:

    Liked by 25 people

  2. MM says:

    You have to believe in yourself first then others will follow suite.
    President Trump is a Gift From GOD to the American People…

    Liked by 26 people

  3. mazziflol says:

    Obama must be grinning ear to ear at these numbers. Afterall, its only because of the policies he put in place that is allowing such growth. If only he could of had his 3rd term. /snark

    Liked by 22 people

    • Ditch Mitch says:

      I heard the same comment last night from a left wing “pundit” on Laura’s show. She cut him off fast and I changed the channel. I hate those phony “fair and balanced”, “left vs right” segments.

      Liked by 15 people

      • Jazcox says:

        I’m really disappointed in Laura Ingraham show – I thought she would have a different format (more substantive interviews, not the typical left/right cat fights, so-call debates)! More like the format Greta used to have.

        Liked by 5 people

        • Ditch Mitch says:

          She was not a big supporter of PDJT during the campaign. After she gets her own show Laura tries to sounds like a PDJT supporter. I don’t believe it for a minute. Honest discussion like O’Reilly had on issues of the day is now gone. Left vs right talking over each other is the current method.

          Reminds me of my Irish/Italian New Year’s Day dinner. My mom use to say “everyone talks but no one listens” then everyone goes home.

          Liked by 5 people

      • mazziflol says:

        When I hear it, I just simply remind people that markets look to the future, not the past. Obama is yesterday’s fake news.

        Liked by 5 people

      • She doesn’t have a tv personality…she falls flat. When I try to listen to her radio program she is always telling POTUS what he should be doing, as if she is smarter than he is. I find her kind of boring. I also am tired of the left vs right stuff; why give the left a platform…they own all of the other networks, why give them anymore exposure.

        Liked by 7 people

        • BeePee says:

          Yes. Same with Tucker Carlson. And Hannity with the semi retard Geraldo and his pro Mexican amnesty anti wall rhetoric, flipping a verbal middle finger at US borders, language and culture etc. It becomes a hard slog waiting through it sometimes. Especially if you have to budget your time. Do I have the micro-seconds to spare listening to anti- American stuff when there is not enough time for the good stuff? Now Lou Dobbs, I’ll stay up all night to watch him.

          Like

      • kiskiminetas says:

        The “Left vs Right” segments are truly NOT fair and balanced. They are nothing more than swamp dwellers/feeders feeding the gullible their swamp gas narratives. I pulled the plug on FN a couple years ago. They are part and parcel of the MSM cabal whose very existence is predicated on money from Globalists. Don’t be fooled by them they are wolves in semi-sheep’s clothing and the women at times seem like they were hired from an escort service.

        Liked by 2 people

      • Sylvia Avery says:

        ME TOO! We are inundated with the Left’s talking points, so I fail to see why FOX News continues with that wheezy, outdated format of provided one “conservative” and one communist to comment. Blech.

        Liked by 3 people

      • Me too–I hate that fair and balanced FOX stuff……Just get the liberals off the set. Every other network out there is liberal, so they are covered.

        Give me some conservative opinions, not liberal insanity……..

        Like

    • Coast says:

      But………………Obama said those jobs would never come back….lol.

      Liked by 2 people

  4. I keep hearing how letting people keep their money rather than sending it to Washington is more voodoo economics that Regan tried and it never trickled down and it doesn’t grow the economy.

    But Washington stimulus spending can be financed by debt and is guaranteed to grow the economy??

    Guess that is why I don’t have a Nobel prize, too complicated for my pea brain.

    Liked by 12 people

    • Turranos says:

      Ya, that stuff is just way over our pay grade.

      Liked by 7 people

    • millwright says:

      AF: What Progressives always fail to mention in their tax/spend arguments are several well-documented realities. First, taxes are a percentage of the GDP. As GDP increases so does tax revenue, hence decreasing GDP reduces government revenues creating the demand for “increased taxes” . IOW a Progressive Ponzi theme . Second, reducing tax rates provides more capital for investment . Investment creates multiple levels of job opportunities, but it also eases rate pressures on insurances, and provides increased ROIs for retirees . Third, all of this business has the salubrious effect of increased casual spending further stimulating new business opportunity and entry-level employment .

      Liked by 8 people

      • TheLastDemocrat says:

        Yes: taxes are a percent of the GDP. -Until it is not: higher taxes make businesses hide earnings offshore and move activity offshore. Thus, getting business taxes down to a competitive level – to the point where businesses are not incentivized to move offshore – boosts tax yield in two ways!

        Liked by 4 people

    • AlwaysFaithful, by your own admission – “Guess that is why I don’t have a Nobel prize, too complicated for my pea brain.”, Pea brain? You are overqualified for Nobel prize.
      To get Nobel Prize –
      1) You need to be someone who starts his political career at residence of known terrorist
      2) Should be life long leftist student of Saul Alinsky,
      3) Should have done some basic drugs in your youth years (BTW – this also helps to get rid of whatever pea brain is left up there)
      4) Should not be able to complete a sentence if your teleprompter goes kaput (this is a qualifying proof that you do not have any brains)
      5) Should expect that you need a magic wand to bring back jobs to this country (another qualifying proof that you do not have any brains)
      6) Should be able to tell the world without batting an eyelid that you can command the ocean’s to stop its rise (another qualifying proof that you do not have any brains).
      ..
      ..
      There are few more that you can add but then I do not want to compete with “Fire and Fury” ;).
      BTW – the above 6 points are just synopsis gathered after years of hard work of community organizing, years of hard work of not letting a crisis go to waste, calling cops stupid, years of hard work of devising schemes for spying on my political enemies, discovering that the sweetest sound I ever heard was muslim call to prayer, etc. Phew, maann! That was very hard work for one man to do. Now I have to go on vacation with my billionaire buddy Richard Branson.

      Sorry for the rant.

      Liked by 2 people

    • ivanthenuc says:

      Don’t waste your time trying to understand the liberals or consider their positions using logic. It is absolutely going to fail because there is no logic to their positions, ideas or talking points.

      Whenever they talk just say to yourself – $5,000,000,000,000/year. That is all they want. All of their BS talk is just there to keep you confused and to keep everyone running in circles while they are stealing the change from your pockets and from the cracks in your couch.

      They know that what they are saying is illogical drivel and they don’t care.They are only in this for the cash. They don’t care about the poor. They don’t care about the children. They don’t care about the uninsured. They don’t care about immigrants. All they care about is all of those beautiful government $$$$$.

      Liked by 2 people

  5. Pam says:

    Liked by 20 people

  6. Turranos says:

    There’s winning and then there is winning right in the pocket book! MAGA Onward.

    Liked by 9 people

  7. MouseChop says:

    I do see how that works Sundance. Thank you and God’s blessings will continue to be poured over you. For you are boldly walking out His purposes. Love ya man.

    Liked by 13 people

  8. 4harrisonblog says:

    I don’t recall President Truman but I do recall President, Eisenhower. In my opinion President Trump is by far best President that I have lived under. I am giddy thinking about what he has and will do for this country and the children yet to come into this world. May God guide and bless President Trump ane all people of this earth.

    Liked by 27 people

    • Hope everyone prays for him every day. The entire world is arrayed against him.

      Liked by 10 people

      • Not sure about that, wayne. I think a secret army is being formed with no overt direction and no public organization. Here’s what happened to me a couple of days ago. I am an older person who finally has “enough” money.

        My daughter is successfully managing her own and her husband’s career and finances. By the time they arrived at their forties, they were independently wealthy. Both love to work, though, so still are.

        A neighbor, who is a single mother and works as a caregiver, was sitting on the couch as we chatted. In ten minutes we all learned we were Trump supporters. It took about two or three values-type questions to realize that fact. Three soldiers smiling happily at each other, knowing…

        This happens to us All. The. Time. Fear not.

        Liked by 3 people

  9. Cathie says:

    The Dow closed at 18,259.60 on 11/8/16, election day. Since the historic election, the Dow has increased to 25,075.13 today, a whopping 37.33% increase. MAGA

    Liked by 12 people

  10. Beautiful video SD, thank you…
    “the pages are not yet written, and we dont know yet what they will say, but all of you, the American people, will have a hand in writing the story…”
    (paraphrasing💖💕💖)

    Liked by 15 people

  11. treehouseron says:

    Around here, people are begging for workers. Way too many jobs to go around…. even the sign at Wendy’s says “Now Hiring… Premium $$$$$ “

    Liked by 8 people

    • MM says:

      That’s wonderful to hear.
      One of the reasons I didn’t throw in the towel and let Citrus Greening take over was because of the people who worked for me and had been loyal to me needed the job I provided for them…. After PDJT was elected I was able to let it all go and rest in peace because I knew in my heart my workers would soon have options that they never had before….

      Liked by 10 people

  12. Pam says:

    Liked by 10 people

  13. WhistlingPast says:

    With President Trump in charge they should change DOW to “WOW!”

    (under Pretender 0bowow everything was just DOWn….)

    Liked by 9 people

  14. bosscook says:

    Yeah, once you got the anti-capitalist Communist out of the White House and sent Hillary packing just look what happened. America is getting her mojo back again!

    Liked by 12 people

  15. Donna in Oregon says:

    The U6 was 8.0 in November 2017. Looking forward to the U6 for December 2017. Magic wand….indeed!

    Liked by 7 people

  16. NJF says:

    Lol

    Evidently gov Cuomo is suing the fed govt bc the new tax cuts are unconstitutional. He says “they have declared economic civil war on the state of NY”

    What a loser.

    Liked by 10 people

  17. 4sure says:

    manufacturing by 9,000.

    That is the sector that will be the last to add jobs. Mfg. output in In USA cannot expand until Americans have money to spend on manufactured goods produced in America. When we see that number outgrow the other sectors, it’s katy bar the door. Getting the infrastructure bill up and running is going to be the catalyst to mfg. jobs growth. If dims and the fake evil media understand what that will mean to the economy, and jobs for all Americans they will in no way support it.

    Just watch what begins to happen with Pelosi and Schumer and the fake evil media and CNN re. jobs and the economy.

    Liked by 3 people

  18. Tony in says:

    Can’t have so much winning! Let the impeachment begin /s

    Liked by 1 person

  19. Making Money Possible Again!

    People of all walks have the ability now to crawl away from the syrupy stagnation of the obamination years, where hardly anyone (well, except for K street) was making any money. Plenty of folk out of work, banks paying .5% interest at best, wages not growing and tough to save when you are living paycheck to paycheck.

    NOW everyone can go back to work, start saving, paying down debt, wages are going up and 401ks be growin like mad thank you Lord for ALL of this and for our magnificent President!!

    Liked by 7 people

    • 4sure says:

      There’s going to be many new millionaires made in the coming few yrs. by those who invest in the stock market NOW. Plenty of new ones already made. Day trading can once again make one plenty of money. Trump’s new stock market target is DOW 30,000. That means making money!!!!!!

      Like

  20. woohoowee says:

    Reposting from today’s WH Press Beating thread:

    During the campaign Trump45 remarked how fast economic prosperity and jobs, jobs, jobs would happen and he said it would take about two years. Well, here we are at only 11 months into his Administration and look at us go! MAGA!

    Sometimes dreams that you dream really do come true 🙂

    Liked by 11 people

  21. Minnie says:

    As always, Mr. President (and I never tire of saying it) – THANK YOU!

    Make America First Again has transformed our Blessed America, with more economic opportunity for all who are willing to roll up their shirt sleeves and to work.

    The added benefit of my Retirement Account’s exponential growth cannot be understated.

    I have worked my entire life and my hope to retire one day with the means necessary has just been incalculably reaffirmed.

    Thank You!!!!

    With admiration, support and love,
    A Long Island Deplorable
    xoxoxoxoxox

    Liked by 13 people

  22. treehouseron says:

    All the people saying the Stock market is heading for a ‘correction’ don’t get it. It was where it was because of the false paper economy. Trump is shoring it up with the real economy.

    THIS is the correction!

    Liked by 7 people

    • rf121 says:

      The stock market always corrects after a big run up. It is the natural cycle of the market. The only question is when.

      Liked by 1 person

      • piper567 says:

        I have noticed that profit taking has always been in play.
        But to know that an underlying strength is a reality is a new thing.
        Formerly, I never trusted a Market run…I used to be cynical enough to think, Investors are just running up the market so that they can take profits.
        Now, I believe Investors may take their profits (that IS why they invest after all), so we WILL see a variance, BUT there is now an underlying strength…Its REAL, so I believe the trend upward will continue.
        Its a very exciting time on so many fronts.

        Liked by 2 people

    • Trump is doing it with rising rates and no “qualitative easing”. Real is 100% correct.

      Liked by 3 people

  23. Oldschool says:

    Talk about hitting it out of the park!

    Liked by 4 people

  24. BobInFL says:

    Thank you President Obama /Sarc

    Liked by 3 people

  25. Risin'Tide says:

    And I get to re-enter the job force on 1/8 after 11 months of looking for jobs and being turned down often in the largest more liberal city in Alabama. Finally got an offer just out of city limits. Winning! MAGA!!! And yes, I do believe employers in these cities have some sort of information stream by which they hire on the basis of politics and other factors.

    Liked by 9 people

  26. dufrst says:

    This is again great analysis. The corporate tax cut now allows companies comfortably afford the minimum wage increases and on top of that provide their employees bonuses. But to Sundance’s point, jobs can now start to return to the US. Wages will go up as the jobs pour in.

    The other aspect is productivity because the next thing the critics will talk about is inflation and higher interest rates. Well, the tax plan allows full expensing of capital equipment which will have huge effect on productivity. Productivity growth will put a lid on inflation and higher interest rates will boost investment returns. Another big lid on inflation will be energy prices. ANWR and now this

    Drill baby drill! Energy dominance will lower energy cost even as the economy is expanding!

    Now we see it all come together. With companies flush with cash and jobs returning and the economy growing, now infrastructure investment can fully support it all. New highways, bridges, tunnels, canals, and rebuilding the inner cities with economic opportunity zones (0-5% tax rates). Trump said MAGA and he meant MAGA! MAGA!!

    Liked by 7 people

  27. itswoot says:

    After I finished watching the “Dream Bold Again” video up above, I got to thinking of the farmers who held their own organized Trump campaign rally (complete with crop dusters in a fly-over) back in February, 2016. I think it was held in Georgia.

    They had gathered together to dream bold again.

    (2:30 in length)

    Liked by 9 people

  28. Maquis says:

    Wow. A lot of dust in the air all of a sudden.
    🤠

    GBPDJT
    🇺🇸

    Liked by 6 people

  29. fleporeblog says:

    Folks in three weeks we will find out what the initial release is on the 4th Quarter GDP and the GDP for 2017! We truly have a chance of having a 4th Quarter that comes in at 4.5% to 5% and an annual GDP of 3% for 2017! BHO never once was able to reach 3% for a year during his 8 MISERABLE 😩 years!

    Liked by 6 people

  30. fleporeblog says:

    Our President is LOVED in the states that voted for him! Don’t believe any BS poll that tells you otherwise. Money 💰 talks and BS walks!

    Liked by 8 people

  31. citizen817 says:

    Hahaha! The emperor had no clothes, and no clue about how the economy works. I thank God everyday for President Trump!

    Liked by 3 people

  32. TeaForAll says:

    Every speech that President Trump gave during the campaign and during his 1st year in office was uplifting. He gave the American people Hope for tomorrow, Faith in a better way of life, to Dream the American Dream and to love not only ourselves but each other. A True Leader. We are truly Blessed . LOVE MY PRESIDENT

    Liked by 5 people

  33. StanH says:

    This is the kind of news that will bring the swamp to heel. As Mr. Trump promised the economy is beginning to roar, if this keeps up perhaps like Mr. Reagan in 1984, Mr. Trump could win a second term 49 to 1, or in 2020 45 to 5, perhaps, NY, CA, IL, WA, OR are too far gone. But if the economy is roaring, even people in blue states like money. This is great news.

    MAGA!

    Liked by 2 people

  34. steelbreeze7 says:

    Momentum is a beautiful thing!

    Liked by 1 person

  35. In case anyone’s still on this thread. This is how I imagine my coworkers live while avoiding how great and successful Trump is.

    Caption this!

    Liked by 3 people

  36. jbrickley says:

    Forget the Cyclone Bomb snowstorm, this is an economic BOOM and this is just the tip of the iceberg. If Trump can accomplish all he has campaigned for, expect records to be broken over and over and over again. Simply undoing much of the efforts of Obama is resulting in explosive because we all knew all those actions were strangling the recovery from the recession. Just wait till the trade stuff works out in the coming year or two. The Trump Administration should be loudly proclaiming the reasons for this economic shockwave. Beat it into the people’s heads that Leftist ideas strangle the economy. Oh how the Leftists love to think they are so smart when it comes to the economy but they couldn’t be more wrong.

    Liked by 1 person

  37. Rick says:

    As we got closer to the 2008 election, and it became more obvious that Obama was going to win, the DOW kept going down.
    The same with 2016, the more they said Hillary was a shoe in, the lower the market.
    Once they saw Trump, the rocket engine was lit, and it’s still climbing.
    I am afraid that the MSM propaganda will work, and we will see it tank in 3 years.

    Like

  38. wodiej says:

    Another moving moment for our country.

    Like

  39. wodiej says:

    I would really love to see Former Gov. Sarah Palin be given some kind of role in this. She’s all about the energy-“drill, baby, drill.” She was an excellent Governor too.

    Like

  40. John rick says:

    Can you explain why NPR reported this am that the job increase was only 140,000 and a little disappointing? Different sources? What would they be?

    Like

  41. colddeadhandsyoudirtyape says:

    US created only 148,000 jobs in Dec, vs 190,000 jobs expected! Very Disappointing.

    https://www.cnbc.com/2018/01/05/us-nonfarm-payrolls-december-2017.html

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s