Posts Tagged ‘Black jobs’

Record High Jobs, Low Unemployment, Doom Trump

(2018-08-03) — The Commerce Department reported today that more Americans than ever went to work in July, and that unemployment hit an historic low. The latest jobs report virtually dooms President Trump’s Republicans in the 2018 mid-term elections, because Trump’s son, Donald Jr., met with Russians, his former campaign chief, Paul Manafort, bought an ostrich coat, and the president won’t apologize to CNN reporter Jim Acosta for calling the news media “the enemy of the people.”

The Federal Reserve this week upgraded its assessment of the economy from “solid” to “strong”, which means time’s running out for Trump-backed GOP candidates to explain why First Lady Melania isn’t always with her husband, and why his daughter, Ivanka, sometimes disagrees with her father.

Hispanic unemployment also hit a new record low, and Black joblessness remains near its new historic bottom, signaling that Republican candidates must distance themselves from Trump because everything the president has done so far constitutes impeachable “high crimes and misdemeanors.”

The disastrous jobs report comes on the heels of the Commerce Department’s foreboding announcement last week that GDP growth hit a four-year high, at 4.1 percent.

Minutes after the latest report, worried political consultants gathered behind closed doors inside the beltway to strategize how to rescue the GOP by engaging voters, who now have less time to watch political talkshows because they’re at work.

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