June Jobs Report: 213,000 Jobs Added, Economy Expanding, Blue Collar Gains Most Substantive…

The Bureau of Labor Statistics presents the latest snapshot of jobs and employment.  According to the BLS data, behind the 213,000 jobs added, the most significant gains all center around growth in durable goods, manufacturing, transportation/distribution and the ancillary business services directly connected to the blue collar sector.

In addition, April was revised up from +159,000 to +175,000, and the change for May was revised up from +223,000 to +244,000. With these revisions, employment gains in April and May combined were 37,000 more than previously reported.

In the macro-review things are looking great; however, when you go into the micro-review you discover things are even better, they are MAGAnificent.

To understand what is happening we must all remember the Trump MAGAnomic policies are geared toward enhancing the creation of “goods”; the production of physical “stuff”; the manufacturing and durable good sector; or put another way: Main Street/Blue Collar work.   MAGAnomic policy is geared toward expanding the production base of the U.S. economy.  Therefore all majority benefit will be necessarily attached to those workers and industries that are part of the expanding production base.

Blue-collar trade jobs are exploding bigly; and with that MAGA development the work hours and earnings of those who participate within the trade-production processes are showing significant gains.  Work hours continue expanding and the wage rates within the MAGA-trades are also showing the most substantive gains. (Table B-2, and Table B-3)

However, with 30 years of economic policy which diminished the blue-collar-trade value, the largest portion of the U.S. workforce shifted away from trades, and/or the production of durable goods.  As a consequence the non-trade driven (investment economy or service economy) is full of workers educated in pre-elizabethan poetry, arts and useless humanities (See Table B-1 and compare year-to-year).   The non-trade-skilled-workers are plentiful as bank tellers, retail workers, data entry, etc. and their abundance is keeping the macro-view of wage growth artificially skewed.

Wages, hours worked and benefits for those participating in the production economy (the minority number; ie blue collar) are gaining at a much higher rate than wages and hours worked by employees outside of the production economy (the majority number). In the aggregate this gives the artificial view that wages and hours worked are not expanding at the same rate as the overall economy.  This is a mistaken perspective confounding the majority of the economic punditry.   Remember, we are in the space between two economic engines: A Wall Street engine, and A Main Street engine.

The economic fuel, the MAGA policy feeding the expanding economy, is being poured into the Main Street engine; the production economy.  The majority benefit from the Trump policy shift is being felt by anyone and everyone attached to the production economy.

Those workers who are attached to the Wall Street economic are not gaining the same level of benefit; nor will they for the next two to four years.  The workers inside the production economy will continue to experience the majority of the economic and financial benefit for the foreseeable future….. we’ve got decades of diminished economic activity to make up for.

Keep in mind, at a 30,000 ft overview, all of the current MAGA investment is pouring into plants and infrastructure.  When all of those production facilities start coming on line, approximately another year or two, they start generating even more jobs toward the finished goods each plant and facility will then provide.   More workers are then pulled away from the Wall Street economy and into the Main Street economy.  See how that works?

[In that ‘on-line production phase’, the *overall* wages then begin to rise; because the production worker base is expanded.]

Right now all of the trade jobs, and transportation (truck drivers etc) attached to the trade jobs, are at capacity.  Every raw material producer, miner, logger, and/or fabrication job professional: pipe-fitter, brick-layer, mason, welder, engineer, journeyman or apprentice therein; can make buckets of money with virtually unlimited work hours and overtime for those who can work with their hands and tools.

This is the MAGA economy; knowing how to use a pair of metal snips is WAY more valuable than a degree in gender studies.  Teach a Starbucks barista how to drive a fork-lift or operate a machinist lathe and they can increase their wages exponentially.

(Via CNN) Businesses added 213,000 jobs to their payrolls in June, another strong month of gains. Employers kept hiring even as fears grew of a global trade war. The economy has added jobs every month for almost eight years, the longest streak on record.

The unemployment rate inched up to 4%, the first increase in almost a year. But even that reflected a healthy economy: It rose because more than 600,000 Americans joined the work force. The job market is so good, many people who had previously given up looking are starting again.

“It’s a good thing. There are more people coming into the labor force,” said Satyam Panday, senior economist at S&P Global Ratings. “It indicates that we have more labor market slack.”

New entrants, including blue-collar workers and teenagers, shouldn’t have much trouble finding a job. There are more openings right now than unemployed workers, leading businesses to expand hiring to historically disadvantaged groups.  (read more)

Bureau of Labor Statistics DATA here.

Total nonfarm payroll employment increased by 213,000 in June and has grown by 2.4 million over the last 12 months. Over the month, job gains occurred in professional and business services, manufacturing, and health care, while employment in retail trade declined. (See table B-1.)

Employment in professional and business services increased by 50,000 in June and has risen by 521,000 over the year.

Manufacturing added 36,000 jobs in June. Durable goods manufacturing accounted for nearly all of the increase, including job gains in fabricated metal products (+7,000), computer and electronic products (+5,000), and primary metals (+3,000). Motor vehicles and parts also added jobs over the month (+12,000), after declining by 8,000 in May. Over the past year, manufacturing has added 285,000 jobs.

Employment in health care rose by 25,000 in June and has increased by 309,000 over the year. Hospitals added 11,000 jobs over the month, and employment in ambulatory health care services continued to trend up (+14,000).

Construction employment continued to trend up in June (+13,000) and has increased by 282,000 over the year.

Mining employment continued on an upward trend in June (+5,000). The industry has added 95,000 jobs since a recent low point in October 2016, almost entirely in support activities for mining.

In June, retail trade lost 22,000 jobs, largely offsetting a gain in May (+25,000).

Employment showed little or no change over the month in other major industries, including wholesale trade, transportation and warehousing, information, financial activities, leisure and hospitality, and government.

The average workweek for all employees on private nonfarm payrolls was unchanged at 34.5 hours in June. In manufacturing, the workweek edged up by 0.1 hour to 40.9 hours, and overtime edged up by 0.1 hour to 3.5 hours. (link)

Now, let’s wait to see what Canada’s results show.   D’0h.

Advertisements
This entry was posted in Big Government, Big Stupid Government, Donald Trump, Economy, Election 2018, media bias, President Trump, Trade Deal, Transportation, Uncategorized, US dept of agriculture, US Treasury, USA. Bookmark the permalink.

175 Responses to June Jobs Report: 213,000 Jobs Added, Economy Expanding, Blue Collar Gains Most Substantive…

  1. Sentient says:

    On the other hand, I hear Antifa is laying off…

    Liked by 16 people

  2. Sanj says:

    And we’re just priming the pump right now! Wait until all of this new infrastructure (factories etc) investment comes on line. The job growth, wage growth and tax revenue growth will be outstanding.

    Liked by 12 people

    • USTerminator says:

      Trump is Telegraphed to the world that trade wars are pending and huge tariffs are implemented shortly. Every company is reevaluate where they want to invest to manufacture. The only one place with 100% certainty no tariff to sell in US market is “Made in USA”. Trump just forced all corps to dust up their plan to manufacture in US without saying so. China Christmas plan is in serious peril now with the threat of $60+B tariff in the next 90 days for China. This is MAGA In steroid

      Liked by 19 people

      • Cuppa Covfefe says:

        Great points. The YSM and biz folks here in Germany and Europe are having an apoplectic fit. So be it.

        China’s problem with the Christmas rush is that getting their cheap (and not-so-cheap) crap to the USA is generally via container ships, which requires a long lead time. The alternative is air freight, which is an order of magnitude more expensive, and in some cases, not practical or possible.

        Plus, as Sundance has pointed out a few times, there’s no way China can match the tariffs that the USA can put on. If we’re buying $500M worth of stuff, and they’re only buying $200M, their tariffs are tapped out at $200M. They lose. By $300M.

        It’s like the old loan adage: If you owe the bank a million dollars, the bank owns you. If you owe the bank 10 Trillion dollars, you own the bank. Lock, stock, and barrel…

        Liked by 5 people

    • sundance says:

      This is a key point almost all are missing.

      Thank you for emphasizing it.

      Liked by 16 people

      • Dennis Leonard says:

        Sundance,
        Do you think maybe cnn was trying a little obama did it,
        “The economy has added jobs every month for almost eight years, the longest streak on record.”
        Just like their hit piece in this article on Scott Pruitt,
        http://money.cnn.com/2018/07/05/media/scott-pruitt-resignation-journalism-whistleblowers/index.html

        Like

        • MAGAbear says:

          Obummer kicked an occasional field goal while DJT is putting ball into the end zone AND making the 2pt conversion!

          Like

        • Michael says:

          Do they mean after it crashed when 0bama won the first time?

          Like

        • Avi says:

          remember most of the “growth” both in jobs and in the DOW during the Obama years was just a rebound restoration of the pre crash baseline and not natural growth ex nihilo. What we are seeing now is new organic growth . Big difference between turning the lights back on and building a new factory.

          Liked by 5 people

        • dbobway says:

          That wouldn’t work on me personally. In 2008 was the first time in my then 35 years working, where my phone stopped ringing for my work. It lasted 4 years.

          I’m 63 and I have pulled my wood shop tools back out, Well at least the tools I hadn’t sold to buy food and pay rent,
          My phone is ringing off the hook. The Left has made themselves irrelevant. And not with just white people but American citizens of all ethnic backgrounds. It’s great to have them back on the job site!

          The golden goose that is the most productive economy in history are clearing the cob-webs and kicking the tires, here come the golden eggs.
          “We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.”
          For ALL of us!

          Liked by 4 people

      • Alison says:

        We need to find a catchy Trump branding phrase to replace “trade wars”. Our foreign …friends… might feel like they are in a war but we are merely ‘right-sizing” our side of the equation.

        Gor my creative thinking cap on.

        Liked by 1 person

        • Fools Gold says:

          Actually Trumps term Reciprocal is spot on.

          Liked by 5 people

        • How about “Teeter Totter Trade” – when it’s balanced, both sides can play. If it’s one- sided, we leave and you hit the ground. You could do some great visuals.

          Liked by 2 people

        • MAJA says:

          We already have Fair and Reciprocal Trade. MSM doesnt see it that way confirming their bias and continued lies.

          Like

        • Deplorable_Infidel says:

          “We need to find a catchy Trump branding phrase to replace “trade wars”’

          Dan Bongino mentioned F.A.R.T. on his July 4 podcast

          Fair And Reciprocal Trade Act

          Liked by 1 person

        • Smack says:

          Steal their lingo:

          Sustainable trade.

          Liked by 3 people

        • Cuppa Covfefe says:

          If they acknowledge that its reciprocal trade (looking at the YSM here in Germany, for example) they’ll be forced to admit that they’re shafting the USA six ways to Sunday [note to Schumer: you got the expression backwards]. The auto industry here, mostly in south Germany, is hopping mad at Merkel and the idiots in Brussels.

          I know quite a few folks in the auto industry, some of them extended family. And they could be in a WORLD of hurt if the auto tariffs actually come to pass. As would be Merkel… can’t wait to see her gone…

          Liked by 1 person

  3. MS Idaho says:

    amen

    Liked by 2 people

  4. RJ says:

    Help, I can’t take all this winning!

    Liked by 6 people

  5. MAGAnificent! The young men and women in high school today are looking at so much more opportunities for their futures!

    Liked by 12 people

    • fleporeblog says:

      They truly are! I LOVE the reason why the Unemployment Rate went up from 3.8% to 4.0%.

      From the article linked above:

      The unemployment rate inched up to 4%, the first increase in almost a year. But even that reflected a healthy economy: It rose because more than 600,000 Americans joined the work force. The job market is so good, many people who had previously given up looking are starting again.

      That means there are plenty of AMERICANS that are ready, willing and able to work. That means Americans that were either not looking or taking advantage of our welfare system decided that working makes more sense than sitting your a$$ at home. It also shows how the U-3 rate is complete BS. The fact people got off the sidelines caused the rate to go up. Even the U-6 rate was manipulated by this. It went from 7.3% in May to 8.1% in June.

      Like

  6. PatriotKate says:

    And guess what the headline was from my liberal rag newspaper? Unemployment goes up in June. Because it went from 3.8 to 4.0. However, I suspect the above adjusted numbers change that. Amazing we’re winning so big despite all the disingenuous lies.

    Liked by 7 people

    • neal s says:

      There might actually be a small increase in unemployment, because many people who had previously given up looking for work, are waking up and getting back into the job market again. Since they have started looking, until they do get employed, they will show up as an increase in the number of those unemployed.

      Liked by 8 people

    • JMC says:

      That ‘unemployment” was also mentioned on the CNN money page, after a line saying employment went up. They have no shame. It used to be called “talking the economy down”.

      Liked by 1 person

    • Cuppa Covfefe says:

      They adjusted the previous month(s) up. And they’ll adjust June up too, after July’s preliminary numbers come in. Same thing as in the biz world… gotta give the beancounters something to do 🙂

      Like

      • Cuppa Covfefe, Amen to that.
        Another trend if anybody did not notice is – since President Trump’s presidency, the job numbers are consistently revised upwards after initial numbers whereas during Obama years, the job numbers were consistently revised downwards after initial reporting.
        It would be interesting if someone can make a graphical representation of only those revised numbers. And then imagine the exploding heads if President Trump retweets that graphic :).

        Liked by 2 people

  7. StanH says:

    And this is how you win elections!

    Liked by 4 people

  8. 405bench says:

    Absolutely incredible! I am in mining, have been for 40 yrs and I see what is reflected above on a daily basis. Stunning. I love our President Trump!

    Liked by 10 people

  9. Sentient says:

    Ezra Klein’s wife (Annie Lowrey) has an article (linked at RCP) at the Atlantic bemoaning the ‘good and the bad of full employment’. Too funny.

    Liked by 4 people

  10. Justice Warrior says:

    Things we can work on, but fantastic areas of growth!

    Like

  11. Nigella says:

    Pelosi says jobs boom is “reckless.”

    Liked by 1 person

  12. PotP says:

    Pelosi’s railing against unemployment demonstrates one thing clearly:

    If you’re earning your way and not on the dole, the democrats can’t control you.

    https://www.washingtonexaminer.com/washington-secrets/democrats-blast-booming-jobs-report-trump-worker-agenda-reckless

    Liked by 5 people

  13. Caius Lowell says:

    You cursed Trump! Look what you’ve done! Globalism and socialism are melting! melting! Oh, what a world! What a world! Who would have thought a patriotic American like you could destroy McConnell, Ryan, Clinton, and Obama’s beautiful wickedness? Oooooh, look out! It’s going! Oooooh! Ooooooh!

    Liked by 5 people

  14. waltherppk says:

    Liked by 3 people

  15. NJF says:

    Listened to Charles Payne the am. He said one of the biggest optimism indicators is that the orders for “rigs” has gone thru the roof. They need to meet the trucking demand to carry all these new goods.

    Liked by 7 people

    • LafnH20 says:

      Companies are offering “Lease Options” fir Brand new “Rigs” for any driver who meets “Basic Qualifications”, NJF.
      Think “Owner Operators”!!!
      Yes, It is a Business.
      Yes, you have to Work!!
      A Lot!!!

      A brand new 2019 “Rig” with all the electronics and Fuel Economy features and warranties (Companies need Protection) run $150,000.00 +!!
      No small investment!

      Now… If they just had somewhere to park it while trying to take their MANDATORY 10 hour break!!!

      A WISE, IMHO, entrepreneur would buy a hundred acres on a major transportation artery, pave it, BUILD a “Country Store” with showers (Don’t Go Cheap!!), Top if the Line DRIVER LOUNGE with BIG BIG BIG BIG… did I mention BIG Laundry facilities, provide local products for sale (Win, Win, Win), and a GREAT AFFORDABLE RESTAURANT!!!
      Forget about the Fuel!!!! (EPA, etc)
      Large trucking companies contract with large truck stops for reduced fuel prices based on Gallons Sold.
      THEY COULD NOT CARE LESS ABOUT QUALITY OF LIFE for the truckers!!
      Cram them in there!!!!
      HIGH PRICES! CRAP FOOD!!
      I MEAN C R A P!!!
      Major truck stops are at CAPACITY for Parking!! Over CAPACITY!!!
      Two hour wait for a dirty shower…
      Anybody?
      1or 2 washers and 4 dryers… IF THEY WORK!!
      Choice of hot dogs, pizza or $3.95 cup of soup…
      ANYBODY??

      Owner Operators and company drivers will buy their fuel where they get the best price or where they “HAVE” to based on company policy. No Problem.
      THEY will PLAN ON going to YOUR place of BUSINESS to get away from the craziness of the BIG Truck Stops!!
      TRUST ME… BUILD IT…
      AND THEY WILL COME!!!
      🇺🇸✌

      Liked by 3 people

      • piper567 says:

        Lafn,
        Americans are The Best at finding a need and filling it…benefits everyone.

        Like

        • LafnH20 says:

          Yes, We are, piper567.

          The majority of Companies (Shipping & Receiving) won’t allow the drivers to stay on their property. The locals don’t want them parked on the streets. The majority of States don’t want them parking on on/off ramps. Most of the Rest areas allow for only a few trucks. (There are some big ones) The Big Truck Stops claim there is NO NEED FOR competition… Cuz they took a survey at NOON!!
          DUH…. The trucks are on the ROAD – WORKING AT NOON!!
          DUH!!!
          TRY a survey at 10 p.m.!!!
          2 a.m.!!!
          Drivers are officially “Sleeping”!!
          IN actuality, many are hunched over the steering wheel or waiting (AWAKE) for another truck to leave so they can back in to that spot. Drivers are sleeping in the fuel islands, breakdown lanes, behind stores and businesses. (Private Property)
          Working 14 hours a day and getting 5-6 hours sleep takes its toll!
          Seen a “Driving like their hairs on fire” truck lately?
          IN THE END…
          The driving “public” will bear the brunt of that cost!
          Too often, with TRAJECT results!!

          More Trucks for More goods..
          Great.
          Less space for these drivers to rest, relax and recharge…
          Not so great.

          These BIG Truck Stops, imho, COULD NOT CARE LESS FOR YOUR SAFETY!!
          $$$$$..
          IS ALL THEY CARE ABOUT!!
          PERIOD.

          Bring back the Mom & Pop Truck Stops!! Less the fuel!!

          Bring back Civility to the Industry!!
          Bring back “American Owned”
          Bring back “American Pride”

          M A G A

          For Everyone!!

          Like

    • Cheri Lawrence says:

      Really looking forward to all the infrastructure upgrades we need getting started, our highways, roads and rail system are in such bad shape from neglect!

      Like

      • litenmaus says:

        Cheri, The ‘gandy dancers’ have begun re-laying the rails on a 30 mile section of track on the Northern rail lines of Montana. The last time they were through was about 15 years ago and maintenance was long overdue. The process of repairing the lines is long and slow, and there is a lot of interruption to the railway time schedules, so isn’t profitable for the railroad companies to spend money on a silly little think like the track so the rails have suffered..

        Point being….This is the first infrastructure work that I have seen the BN/SF corporate office do, in a very long time.

        Liked by 1 person

      • Permit process is already much faster thx to Trump EO’s and regulations down in the departments.
        Even if congress doesn’t spent much money the private sector will love it. More jobs. A golden age… IF we give Trump a good MAGA majority in congress

        Liked by 1 person

  16. Angry Dumbo says:

    On vacation in Wisconsin over the 4th and firsthand, the growth around Janesville and the Foxconn area is huge. The roads and building are going up fast. The people of Wisconsin know that growth in manufacturing jobs and off shoots are the MAGA Agenda. The rust belt is shaking off the rust with some of the best high tech jobs in the world. My relatives in Illinois are green with envy.

    Liked by 10 people

    • Phflipper says:

      I live and breathe Hawkeye ‘Black and Gold’ and never before today would I say, “Go Badgers Go!!”

      Like

    • MAJA says:

      All this wonderful is making me tear up today.

      Liked by 2 people

    • dutzie60 says:

      Saw this tweet the other day and it filled me with JOY!!!

      Liked by 4 people

  17. intercesser says:

    Thank you , once again , Sundance for your excellent analysis and your insights. Wall Street globalists vs. Main Street USA . Now we know what it is that Pres. Trumps enemies are so afraid of : they have seen this show before with Pres. Reagan . Let us keep on fighting the good fight and never surrender. Pres. Obama is really starting to look like the reelection of Jimmy Carter. Keep on fighting for total victory ; White House , Congress and Courts . MAGA forever !

    Liked by 6 people

  18. kinthenorthwest says:

    Why the H3LL do I even ask anymore “How Crazy/Stupid Can Democrats get/be.
    REPORT: Pelosi, Dems blast booming jobs report as ‘reckless’
    http://dennismichaellynch.com/report-pelosi-dems-blast-booming-jobs-report-as-reckless/

    Liked by 2 people

  19. Dutchman says:

    “You didn’t build that”, DJT saying to Obummer, about the economy, in 2020, plus “whats he, got a magic wand or something?”
    Man, the political hitcommercials write themselves, but may not be neccessary.

    Liked by 3 people

    • MAJA says:

      I would love to see an add wth 0bama saying “you didn’t build that”, then of PDJT with a drone image from above looking down at a huge crowd of upturned facesin hard hats huge crowd answering him “Yes, we did” while running employment comparisons stats.

      The stupidity and cluelessness at that statement is beyond words. Stupid 0bama negated the taxes I’ve paid since I started working 45 years ago. Nope, it was your illegals and refugees who didnt pay for it.Clueless moron.

      Liked by 1 person

  20. sundance says:

    Liked by 5 people

  21. magatrump says:

    Thank God. God bless you SD. This is the most important factor in MAGA. Bringing back jobs to the USA and even trade barriers. MAGA

    Like

  22. Grandma Covfefe says:

    Thank you, Sundance for the Friday great news.

    Thank you, President Trump, for bringing back America’s glory.

    Thank you, Lord, for your many blessings today.

    Liked by 2 people

  23. Brainiac says:

    Thanks , good analysis. Could someone tell Barron’s?
    They are still in the bad news bears doldrums. I read the latest issue, none of
    the good news above, ‘all Eeyore all the time’.

    Liked by 1 person

  24. sundance says:

    Liked by 2 people

  25. alliwantissometruth says:

    Another fantastic jobs report & another fantastic explanation from our resident Guru Sundance

    The whole piece can be summed up like this…

    “The way an economy is supposed to be run”
    (especially in a Constitutional Republic)

    An economy that doesn’t produce tangible products is no economy at all, it’s simply a shell game destined to crumble after all the money has been squeezed out

    The above is what our so called leaders have allowed for decades. It’s pretty unbelievable no one stepped up to the plate before President Trump

    Liked by 3 people

    • billrla says:

      alliwantissometruth: Well-said about production of tangible goods. A service-economy is a sham economy in which the goal is to send someone else a bill.

      Liked by 1 person

      • Bendix says:

        A country that produces nothing is not a secure nation.

        Liked by 1 person

      • Cuppa Covfefe says:

        Yep. The crooked, sham USCoC did a (n overly-)leveraged buyout of the USA, and left us holding the bag and paying for it.

        Time to put Tom Donohue and his cronies in and out of Congress into prison for sedition and a ton of financial crimes. Chamber of Commerce, BAH! More like Chamber of Horrors… or Chamber of Commies…

        Like

  26. jessetmims says:

    WARNING TO LIBERALS:
    Don’t bring a Blue Wave to a Red Tsunami election!

    Liked by 2 people

  27. Liberal logic:

    The booming economy is Obama’s economy, “thanks Obama”.

    Everything that happened under Obama was “Bush’s fault”.

    Ergo, today’s booming economy is Bush’s fault.

    Like

  28. MAGAbear says:

    Have to laugh at many of the talking heads on TV and radio being perplexed at how the economy is growing like this despite “worries” of a pending trade war. It’s because Trump is addressing the trade issue as he is that the economy is booming as it is, along with his tax reductions and regulatory reforms. Some are so wed to free trade ideology that they can’t see the forest for the trees.

    Liked by 3 people

    • Pam says:

      It’s really crazy when you think about it. Of course, try explaining that trade war nonsense to the steel workers that are now working because of these tariffs. These pundits just look stupider by the day.

      Liked by 1 person

  29. simplewins says:

    This is all BS. There is NO trade War. If it was the stock market would drop a 1000 pts a day. This a small blip in the overall economy. I want Pres. Trump to continue to stick it to China and the crony chamber of Chinese commerce.

    Liked by 2 people

  30. FL_GUY says:

    Globullist definition of Free Trade: We can Freely tariff the crap out of USA products while we Freely force the USA NOT to tariff our Products and proceed to FREELY plunder all the wealth of the USA.

    Liked by 3 people

  31. billrla says:

    MAGAbear: If the people are not worried, they won’t watch the news. Therefore, the business media’s three favorite words are:
    1. Fears
    2. Concerns
    3. Jitters

    Liked by 1 person

  32. Stephen Reed says:

    Most here are free traders and possibly believe that in an ideal world, everyone is better off if goods and services are exchanged between countries without barriers.

    Without elaborating, I posit that free trade is a socialist notion and at best achieves a sort of leveling between the inhabitants of the various countries.

    The founding principles of the Republican Party included the thoughts of henry Clay and Abraham Lincoln who focused the party on the needs of working people. It was common sense to them that the United States should be protected by tariffs against the stronger industrial countries – chiefly Britain. Protecting workers also was a reason for the abolition of slavery, because slaves competed with freeman for work.

    Republican protectionist policy in the mid to late 1800’s made this country great the first time. The USA roared past free trade Great Britain to become the leading industrial power by the early 1900’s.

    Socialism and the thinking of Henry George led the republicans to today’s sorry state in which free trade is considered beneficial.

    I predict our president will lead pubic opinion toward the notion of permanent protective tariffs as evidence accumulates of their success.

    Like

  33. Mercenary says:

    This is what was pissing me off about all this “unemployment talk”, and this is not a dig on Trump at all. But the over the top praising of the unemployment rates, when we know for a FACT that MILLIONS of people simply dropped out of the labor force, and because of our insane counting policies, we don’t count those people as unemployed.

    There are quite literally millions of people who still need jobs. This is not to take away from Sundance’s post at all, because Trump is working as fast as possible to heal our economy. It’s just frustrating when we, and by we I mean the national media, doesn’t talk honestly about the pros and cons of our economy. Sundance provides invaluable analysis on the great things that are happening, it’s just insane to me when I hear plaudits about record low unemployment rates, and then fears and worries about a labor shortage, when I know for a fact that we nowhere near a full labor market. I’m honestly disgusted by places like CNBC running articles about their concerns over companies not finding people. Guess what, CNBC? That’s fantastic. It should always be that way. Citizens should be valued by companies. And when Trump passes E-verify and corporations are scared to hire illegals, actual American workers will be even MORE valuable to them, the way they should.

    Liked by 1 person

    • Bendix says:

      It will take a little while for wages to get to where people feel it’s wise to uproot their families, in my reckoning.
      You see single people moving to where the jobs are, but for families that are dependent on two low incomes, they need more of a guarantee.
      It’s starting to move, though.
      I’m thinking that as the under-employed take these better jobs, how many openings that will create for the people who have been out of the labor force a long time.

      Liked by 1 person

  34. thedoc00 says:

    Just needed to say the following:
    Record numbers employed in skilled jobs expanding the real tax base. I suspect even the so-called income gap has turned towards a downward trend, now that there are more skilled workers instead of hamburger flippers.
    People actually leaving jobs to look for better jobs, with no hesitation of success in their search.
    Large number of people re-entering skilled job markets.
    Large numbers of kids employed at entry level unskilled to semi-skilled jobs, in place of illegal immigrants and folks leaving them to re-enter skilled work force.
    Upward wage pressure and investments in US capacity. So far, downward trend in trade surplus gap.
    Tax revenues up.
    Tax break 2.0 on the agenda.
    All the foreign powers grumbling about a trade war, due to drive towards fair trade or punishing China seem to be taking actions other than counter tariffs. Note, even China is resorting to “legal” and “regulatory” actions to impact perishable goods and delay payments on durables.
    Even Wall Street has not caved as they find ways to make money amid all the “international turmoil”.
    Stock buy backs are coming which is actually good think as it frees up company balance sheets to make investments, shows faith of companies in their own futures and puts dollars in pockets of people and institutions who invest.

    To think, all Obama had to do was put away his pen and cell phone, apply a little of common sense with respect to taxes regulations as well as use of bailout money during the fake crisis and this would have been his recovery.

    Liked by 1 person

    • Stephen Reed says:

      I share our presidents sorrow that these steps were not taken many decades ago.

      Like

    • Stephen Reed says:

      I share our presidents sorrow that these steps were not taken many decades ago.

      Like

    • PatriotKate says:

      I have definitely noticed an uptick of teenagers and minorities working at the grocery store, fast food places and other retail. And recent college grads working for my customers.

      Like

  35. calbear84 says:

    Trump’s “magic wand” kicks donkey!

    Liked by 1 person

  36. truthbomb says:

    Another boon has been teen employment. My kid got a job at Chick Fil A this summer. Seeing a lot of teenagers working which will keep Generation Z away from starry-eyed communists like Cortez!

    Liked by 1 person

    • Avi says:

      part of teen unemployment though has been because many millennial don’t want to work and are being pampered by the parents.
      congrats on your kid,

      Like

    • prenanny says:

      Congrats to your kid, working even part time helps to establish respect towards money.
      If only banks would create passbook accounts again, a great way for youngsters to learn about money.
      And while I am asking raise the interest rate on SAVINGS, it was a nasty thing to get rid of.

      Like

  37. Avi says:

    how is Wester Pa doing? that is an area Donald won and needs to repeat.

    Like

  38. AmSa/Mx says:

    Like

  39. Avi says:

    wouldn’t it be nice if every libtard college student took a northeast Amtrack to see the industrial blight of former factory towns of deplorable whose jobs have been outsourced by both parties. G-d Bless you Mr Trump for beginning to bring some back.
    MAGA baby!!!!!!

    Like

  40. trialbytruth says:

    I had a discussion with my attorney ( I didn’t get billed). He works.part time on the family farm. He said the farmers were.getting killed with tarrifs.

    My atty understood China has bad behavior but complained.that there was no advanced warning so no one had time to adjust. He said “Europe hates China’s cheating to and would have joined us in correcting them”. He said “Mexico won’t buy our beans.”

    I gave three responses.thank to the University of CTH

    You had over 2 years notice if you knew Trump was going to win and 18 months if you had listened to the original.negotiating position of the 3 countries negotiators. He said” it depends.on who you listen too.” My response was no significant movement since the beginning based on the statements of the negotiators as opposed to the politicians”. He concided.

    Regarding europe I stated “Europe would offer no help because the assembly economies of Canada and Mexico is the key. Europe benefits there as well. Any closing of that loop hole would negatively impact them as also” He agreed.

    Regarding Mexico not buying beans. I asked “where will they get them then”. My atty responded ” Canada.” My response was “Who we’re they selling them to before?” He smiled and closed the conversation.

    Liked by 1 person

  41. L4grasshopper says:

    “This is the MAGA economy; knowing how to use a pair of metal snips is WAY more valuable than a degree in gender studies.”
    —-
    SD…..I just about lost it when the thought occurred to be that some gender studies graduates probably use metal snips to assist some people who want to change their gender 🙂

    Liked by 1 person

  42. Funny it seems every month under Trump the employment numbers are revised up, but under O they had to be revised down.

    Like

  43. Front Page on FoxNews..

    “‘We Got China By the Short Hairs’: 😉
    Wall Street Trader Predicts Long-Term U.S. Success in ‘Trade War’ ”
    http://insider.foxnews.com/2018/07/06/wall-street-trader-says-trump-will-win-trade-war-china-because-shanghai-struggling

    Like

  44. Jobs Job Jobs for everyone..
    Full time too…
    Black and hispanic unemployment is down…
    but unemployment went up a tick…

    Simple explanation…. Don’t be a leftist and steal Maga hats off kids…. and lose you Job…

    Liked by 1 person

  45. ibobland08 says:

    It’d be nice if we could start encouraging young people to think about skilled trades. Too many people think tradesmen are stupid and the work is degrading. I come from a blue collar background and even amongst those people there is still a negative stigma.

    I don’t like working with my hands and I hate sweating. So those who do it have my respect.

    As an aside. I hope there are benefits to lower skilled workers too. I hate when I see good people who have good work ethic, but aren’t very skilled, who have to slave away at $10 per hours jobs.

    Like

  46. wjb105 says:

    This video tells the story of international (trade) manufacturing and how the EU protects it’s markets (and the US does not).

    Like

  47. czarowniczy says:

    I’m watching the so-called ‘History Channel’ ‘Ancient Aliens: Unclassified’ and they’re talking about how Hillary, a diehard UFO nut, PROMISED the American people that she’d get to the bottom of the UFOs and alien contact info blackout or she’d fire everyone at the Pentagon and CIA and put in people who’d tell THE TRUTH!!!!!
    Oh well, they explained, in November another person was elected (they wouldn’t even say his name, and the wall of silence fell again, there’d be no revelation of the truth under him.
    Employment’s up, income’s up, US economy’s booming but that all pales in comparison to Trump’s being a tool of Federal and military bureaucrats trying to keep the truth about UFOs from the public.
    Is there no end to this s**t?

    Liked by 1 person

    • jeans2nd says:

      We already know the truth, czar. We never needed Hillary for anything.
      You see, an alien is anyone who is not a citizen of your country. Every country has had alien visitations.

      How’s that for gubmint-speak? And we did not even need a new gubmint agency, or even Hillary, for that. 😉
      And no, we both know there is no end to this s**t, do we not?

      Liked by 1 person

  48. Kebie says:

    I mentioned this in another thread a few days ago, I am a production Manager for an electronics mfg company in San Diego, we can’t find enough people to hire at the rates we start people. We’re looking at increasing starting wages $2/hr which will have a ripple affect for everyone working here! Technically, as part of Mgmt I should be against this, but MAGA comes first! To get the best people you have to compete in the market and the market is going up. We’re also always looking for Engineers and Craftsmen. We’re ramping up production to make America’s Military the best in the world.

    Like

  49. carshop says:

    This is another example of our founder’s wisdom. The American people know what is best. We somehow have to hold onto that when the hate comes our way. God Bless President Trump and keep him and his family strong.

    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