January MAGAnomics – IOTW Report

January MAGAnomics

CTH:With the new year comes more Main Street winning; and the distinction between Wall Street’s economy and Main Street’s economy becomes stunningly clear.

The January jobs report showed a gain of 200,000 U.S. jobs, and more importantly, a 2.9% year-over-year growth in wages.  –SOURCE–  [Biggest wage rate jump since the phoney trillion stimulus-funded growth mid-2009.] We continue to remind of our two-year prediction that stunning wage growth will evidence in Q2 of 2018 (April-July)… today’s report is only the preview of that wage growth cycle.

Construction reported by the biggest gain by sector with 36,000. Bars and restaurants added 31,000 and health care was up 21,000. Manufacturing also showed a gain of 15,000 and durable goods-related industries added 18,000.   MORE

7 Comments on January MAGAnomics

  1. The Left doesn’t care about all of this. They want America to fail.
    Many want to be taken care of by the State and others need someone to blame.

    If Trump gets the country rolling again, it will just remind a whole bunch of folks that they are wrong. That’s why Hillary pandered so well. She told people that they don’t have to have personal responsibility. Obama helped by telling people that they are not responsible for their own accomplishments in, “You didn’t build that.”

    The Left doesn’t glory in the farmer who gets up at 4:00am to check on a calf, it glories in a crack dealer who makes it big as a rapper and has a busty singer/wife on his arm. It doesn’t recognize the nurse in a combat zone tending to wounded troops, it celebrates women who paint fake menstrual blood on their clothing and protest for free tampons.

  2. You really think Warren Buffet, Bill Gates, Elon Musk, Tim Cook, Jeff Bezos, and a whole clan of other billionaire lefties don’t care about an improved economy? Of course they care and of course they don’t want a failed economy. They will of course have someone to blame when the whole house of cards falls and it won’t be anyone in the democrat camp to blame. PDJT’s +9k on the DOW in a year is a record breaker because the market is sold that the current administration is going to provide what they said. If they do exactly as forecast, the market goes sideways from here. If anything falters, it fails. If there’s anything that’s wrong with Trump it’s that he’s too good, too fast. 2020 is a bit away and I hope the democrats aren’t running on a MAGA mockery because the market overheated. The flipside is Hillary is in control and if the market went higher it would tiptoe there. +9k for Hillary would take all her 8 years.

  3. You can’t foment COMMUNISM if the masses are fat and happy. Only misery gets people out into the streets, and from there, (wink/nod) who knows who might be thrown from power?

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