Midknight Review -- new and revised: 500,000 folks go to work in the manufacturing sector, and BOOM, the national average income goes up by 3k.

The US is enjoying an average GDP growth rate near or above 3%.
In comparison, a high-taxed state like France only sees growth at .3%.
Trump took the economy and accelerated it on all levels. And now all Americans are seeing the benefits of a booming Trump economy.
Kevin Hassett, the Council of Economic Advisers Chairman, told Lou under Trump there have now been 500,000 manufacturing jobs created, something failed president Barack Obama said was impossible. And the added surprise relative to the GDP is the president has delivered $3,100 per household to gross domestic income.

Editor: no, many of us did not see an increase in our income. So how is it that incomes have increased? I have a friend who has been out of work for maybe three months. He finally landed a $70,000 job. My income remained the same. His increased by 70,000 and the national income average shot up. That is how averages work.

Explanation:
"3,100" comes from the Council of Economic Advisers, not Gateway Pundit. It is an "average" and, as such, is not saying that each and every American family has seen an increase of $3,100. Rather, when you add in the total incomes of 5 million new jobs filled during the Trump years to the existing total, you have an increase in the average annual income marker of $3,100. Under Obama, jobs "created or saved" could not make such a claim because, for the most part, Barack was counting jobs already earning an income (i.e. "jobs saved") and more than 40% of his new jobs numbers were part-time positions. He lost 600,000 real manufacturing jobs. Consequently, his numbers went down.

The Stated Nonsense from the Left now includes these Progressive goals:

July 2, 2008, Obama had this to say: "We cannot continue to rely only on our military in order to achieve the national security objectives that we've set. We've got to have a civilian national security force that's just as powerful, just as strong, just as well-funded."

MICHELLE OBAMA: "Barack knows that we are going to have to make sacrifices; we are going to have to change our conversation; we're going to have to change our traditions, our history; we're going to have to move into a different place as a nation."

“ . . . . . . they have become a generation of activists possessed with that most American of ideas – that people who love their country can change it.” -- Obama the Radical

On September 30, Van Jones told MSNBC "I think everybody should hold onto your seats. October is going to be the turning point when it comes to the progressive fight back."

Midknight Review -- new and revised

500,000 folks go to work in the manufacturing sector, and BOOM, the national average income goes up by 3k.

2 comments:

copyright policy of the original Midknight Review