Why Trump is in a mind-blowing sweet spot after the June jobs report

Yahoo Finance ^ | 6/5/2019 | Brian Sozzi

[Vendome]

President Donald Trump has every reason to kick back with a Big Mac and some Cristal this July 4th holiday weekend and toast the economic sweet spot he finds himself in right now.

The president’s ongoing trade war with China hasn’t hammered the U.S. labor market (see the out of the blue strong June jobs report). Stock prices are hovering near record highs. And Wall Street still expects the Federal Reserve to cut interest rates at its next meeting (despite that strong jobs report) to juice the economy after a first quarter soft patch.

Can it get any better at the moment for the Commander-in-Chief (and any worse for the Democrats trying to unseat him)? Probably not.

[Vendome]

A stellar jobs report The U.S. economy added 224,000 non-farm payrolls during June, ..."

"...Consensus estimates were for 160,000 positions..."

Ooops!

[GrandJediMasterYoda]

Look at this photo from yesterday..The treason media isn't reporting the tremendous support Trump is getting....

[snarkytart]

More tax cuts please.

[1Old Pro]

The treason media isn't reporting the tremendous support Trump is getting....

Denial is a river, as in the media will be crying me a river when Trump is reelected despite their bias. The media can ignore and lament a great 4th celebration, but voters didn't and wanted to celebrate with Trump.

[Vendome]

[bigbob]

A buddy who is retired from a company that makes equipment for the steel industry says he can hardly recognize his old shop, it’s expanding and hiring people on a scale never seen before. All because of Trump’s economy and decision to save the US steel industry.

[Dr. Sivana]

President Donald Trump has every reason to kick back with a Big Mac and some Cristal this July 4th holiday weekend

Nix to the Cristal champagne, as DJT is a teetotaler.

[donozark]

Flatten the tax even more. Round two.

[KevinB]

A bad day for the America haters!

[donozark]

But I thought The Imposter from Mombasa said these jobs were never coming back?

[Eric in the Ozarks]

And, the Minnesota Iron Range is rocking with new 43 cubic yeard mining shovels.

[Vendome]

From the comments and, so true:

Reply13
thedudeabides
thedudeabides10 minutes ago
Another example of our incompetent media.....no wonder people don’t trust them. They can”t even get SIMPLE details right.........Every blue collar working American knows that Trump is a quarter-pounder guy. Not a Big-Mac.”

[Vendome]

He can give me his portion...

[Vendome]

Sectors with the most notable job gains in June included the professional and business services, health care and transportation and warehousing sectors. Manufacturing employment surged in June, with 17,000 positions created despite trade war-related new order weakness in various manufacturing surveys. Economists were predicting 3,000 jobs added in the sector.

Those are good paying jobs...

[smokingfrog]

[wally_bert]

End the evil income tax.

I can dream.

[wiseprince]

I was thinking, maybe since Trump has tied the economy to national security he is getting very detailed economic reports on a very regular basis and he is tailoring his actions to achieve the numbers he feels he needs to negotiate and stay strong on the world stage. He keeps hitting sweet spots and that’s not accidental

[RoseofTexas]

This is an example of people being SOOOOOO done with the people's #1enemy..the mediaVOMITS! We don't care anymore what they gave to freakin spew!! STICK A FORK IN THE *ITCH SHE DONE!!! Thank you President Trump for an EXCELLENT 4th of July..WE ❤️❤️❤️😘😘😘love you sir!!!

[milagro]

How AWESOME!!

[RayChuang88]

I agree. A phased ending of the income tax--a Forbes-style flat tax for around three years then a complete switch to something like FairTax--would permanently supercharge the US economy.