WASHINGTON EXAMINER
Strong jobs report is a disaster for doomsayers and Democrats
by Washington Examiner
| December 08, 2019 11:35 AM
This summer, Massachusetts Sen. Elizabeth Warren tweeted, "The warning signs for another recession are flashing," and Joe Biden described the economy as “teetering on a recession.” But in the time since, the Democrats hoping to challenge and defeat President Trump in 2020 have been forced to mute their talking points about the economy.
Friday’s November jobs numbers offered another example of why they cannot discuss the issue with any credibility — and also why their challenge to Trump is an uphill climb.
The November jobs report showed that the U.S. economy remains strong, even as the rest of the world slows down. Not only were an astounding 266,000 net jobs added to the economy last month — far above expectations — but the previous two months were revised upward as well for a combined gain of an additional 35,000 jobs. Unemployment, already at a level below what economists once thought to be full employment, ticked downward again to 3.5%.
And for Democrats, this is a disaster.
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READ MORE: https://www.washingtonexaminer.com/opinion/editorials/strong-jobs-report-is-a-disaster-for-doomsayers-and-democrats
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