|President Trump hosted a group of America’s governors for a policy discussion at the White House yesterday, and the blue-collar economic boom was top on the agenda.|
Another expectations-crushing jobs report Friday set the tone. “Since my election, America has gained 7 million new jobs. We added 225,000 jobs in January alone,” the President said. “And a statistic that’s incredible to me is: The average unemployment that we’ve had during this 3-year period is the lowest in the history of our country. Compared to any other administration, the lowest in the history of our country.”
🎬 LARRY KUDLOW: Blue-collar, middle-class BOOM keeps going
While Washington career politicians often ignore real-world results, local and state leaders know what a strong economy means for their workers. Since 2016, 28 states have reached or matched their lowest unemployment rates ever, and a record 39 saw unemployment rates plummet below 4 percent.
That’s no accident. The difference is an administration that puts pro-growth, pro-worker policies like tax cuts, deregulation, and new trade deals front and center.
Here are the results, as shown in Friday’s new jobs report:
🎬 President Trump: Wages UP, unemployment DOWN for African Americans
- “Experts” predicted 158,000 new jobs in January. America got 225,000.
- Before President Trump’s election, the Congressional Budget Office projected a 5 percent unemployment rate. We’re now at 3.6 percent.
- Unlike under the Obama Administration, workers’ wages today are growing fasterthan their managers’ wages.
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