National Economic Council Director Larry Kudlow discusses the Sept. Jobs report, the ISM manufacturing and non-manufacturing reports and the next stages of U.S.-China trade negotiations.
Kudlow notes job growth in the Household survey was a stunning 391,000 in September.
MAGAnomics – Lowest Unemployment in 50 Years !
The Bureau of Labor Statistics releases the September jobs report. 136,000 jobs were added to the economy and the unemployment rate falls to 3.5%, the lowest since 1969.
Demand for workers remains strong (Table A-1). Overall employment is very stable across all sectors (Table B-1) and wage growth is strong (+2.9%). Additionally, inflation is low; that means more disposable income. The Main Street economy is strong.
♦Over the month, the number of unemployed persons decreased by 275,000 to 5.8 million. ♦Among the unemployed, the number of job losers and persons who completed temporary jobs declined by 304,000 to 2.6 million in September. ♦Also, the number of persons unemployed for less than 5 weeks fell by 339,000. ♦The labor force participation rate held at 63.2 percent in September.
The change in total nonfarm payroll employment for July was revised up by 7,000 from +159,000 to +166,000, and the change for August was revised up by 38,000 from +130,000 to +168,000. With these revisions, employment gains in July and August combined were 45,000 more than previously reported. (BLS Report)
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House Judiciary Committee ranking member Doug Collins filed an amicus brief yesterday (full pdf below) highlighting why the Judiciary Committee should be blocked from receiving grand jury material against the backdrop of an impeachment effort without support from the House of Representatives.
In the larger picture it is clear the Obama administration weaponized the institutions of government to target their political opposition. It is also increasingly clear a Hillary Clinton administration would have monetized the U.S. government.
President Obama’s team used the DOJ, CIA, FBI and IRS to target their opposition. The intelligence apparatus was weaponized; one small example that scratches the surface is the FBI/NSA database exploitation. Black files on DC politicians, private sector groups and individuals facilitating leverage, and we are still seeing the ramifications.
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When former Overstock CEO Patrick Byrne recently discussed his role within the 2016 “political espionage” operations, he described the financial interests of political office; not coincidentally he also seems to have retreated into a safe-space.
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Our Father, who art in heaven, hallowed be thy Name. Thy kingdom come. THY WILL BE DONE, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but DELIVER US FROM EVIL. For Thine is the kingdom and the power and the glory, forever and ever. Amen †
By now it is clear the anonymous CIA ‘whistle-blower’ complaint was a constructed political effort by House Democrats, IC allies and Lawfare members therein. HPSCI Ranking Member Devin Nunes discusses the fraud behind the construction of Chairman Adam Schiff.
Folks, if you did not live and fight in the era of Andrew you might not see the master-level agitprop on display here. This is epic and so well done.
The most well constructed agitprop is when you take the opposition message, infiltrate the constituency, and then advance the message to its logical conclusion. If done effectively the audience will support the messenger while having no clue what is happening. WATCH:
Judiciary member and ranking member of the House Oversight Committee, Jim Jordan, outlined the House Intelligence Committee testimony today from Kurt Volker, the former State Department Special Representative for Ukraine Negotiations. “Nothing said today supported Adam Schiff and the democrats’ impeachment narrative. Nothing”
Today both Minority House Leader Kevin McCarthy and Representative Michael McCaul draw attention to Speaker Pelosi’s manipulation of House rules specifically intended to achieve articles of impeachment without Republican representation.
In a blatant display of committee manipulation, today the House Permanent Select Committee on Intelligence, Chairman Adam Schiff, worked around committee jurisdiction rules and took a deposition from Kurt Volker, the former State Department Special Representative for Ukraine Negotiations.
Not only was the jurisdiction of the House Foreign Affairs Committee usurped, but Chairman Schiff also limited republican members to having only one staffer present during the testimony. [Read McCaul Letter Here] This blatant manipulation of House rules was made without Speaker Pelosi holding a House vote to initiate an impeachment inquiry.
The House Rules that Pelosi changed in 2018 were designed to exploit the Trump-Russia impeachment via obstruction goal. Those same changed rules are now being used in the Trump-Ukraine effort. The committees’ need to gather impeachment evidence without the pesky interference by House republicans. This was always the purpose for changing the rules.
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