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Jobless Claims at Lowest Level Since 1969

Remember all those things that lefty economists insisted were impossible 3 years ago? They want voters to pay attention to anything and everything except those numbers.

The number of Americans filing for unemployment benefits fell to a near 49-year low last week, pointing to sustained labor market strength, which should continue to underpin economic growth.

The labor market, which is viewed as being near or at full employment, is steadily boosting wage growth, which could help to support consumer spending as the stimulus from the Trump administration’s $1.5 trillion tax cut package fades.

The people whose wages went up due to that stimulus are the ones who are going to be spending money.

Unlike Obama’s scummy bailouts and sweetheart deals with failing solar firms, tax cuts actually drive the economy.

Read the full story from Front Page Mag

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