National Economic Council Director Larry Kudlow discusses the latest BLS jobs report, the overall health of the economy and U.S-China trade discussions.

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The Bureau of Labor Statistics (BLS) released the March employment report earlier today showing strong job growth of 196,000 with the unemployment rate remaining 3.8%.  Also, in March, average hourly earnings for all employees on private nonfarm payrolls rose by 4 cents to $27.70, following a 10-cent gain in February. Over the past 12 months, average hourly earnings have increased by 3.2 percent.

The employment result was stronger than most analysts predicted; and comes amid stronger home sales and higher manufacturing numbers.  The economy is strong, balanced and shows no signs of weakness.  January and February were also revised upward by 14k.
The strong March (+196k) makes the weak February report (+33k) look like an outlier.  Using January (+312k), the three-month average is now 180,000 jobs gained.

(Via CNBC) […] Economists had been expecting 175,000 jobs for March. The unemployment rate remained at 3.8% as expected.

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Prior to departing the White House for a trip to California and Las Vegas, President Trump delivered remarks to the media and took questions. [Video and Transcript below]:

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[Transcript] – South Lawn – 9:50 A.M. EDT – THE PRESIDENT: Hello, everybody. The economic numbers just came out; they’re very, very good. Our country is doing unbelievably well, economically. Most of you don’t report that because it doesn’t sound good from your perspective.
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With anxiety visible amid the DC crew now contemplating accountability for their failed soft-coup attempt, we enter a dangerous phase.  After all, 40 federal law enforcement agents openly participated in the effort; along with more than a dozen members of the Department of Justice.  What does that tell us about the fidelity of the FBI and DOJ to their oath of office?  What does that tell us about their current intentions?
A security breech at Mar-a-lago. Increased threats from media and politicians hyping anxiety/anger toward President Trump.  The ongoing Mueller team sedition effort. Excuses and justifications of violence against Americans wearing red ball caps. Trillions at stake from economic policies antithetical to the multinationals and Big Club lobbyists.
…And today the President’s schedule is a logistical security challenge [SEE HERE] President Trump travels to California (several stops), and Las Vegas Nevada.

“And Moses said to the people, ‘Do not be afraid. Stand still, and see the salvation of the LORD, which He will accomplish for you today. For the Egyptians whom you see today, you shall see again no more forever. The LORD will fight for you, and you shall hold your peace.” Exodus 14:13-14

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In an effort to keep the Daily Open Thread a little more open topic we are going to start a new daily thread for “Presidential Politics”. Please use this thread to post anything relating to the Donald Trump Administration and Presidency.

This thread will refresh daily and appear above the Open Discussion Thread.

President Trump Twitter @POTUS / Vice President Pence Twitter @VP

Sarah H Sanders Twitter @SHSanders45

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 †

There are no coincidences when you dance with the dragon.  Earlier today U.S. prosecutors notified Huawei in a court filing they intend to use classified surveillance evidence gained through a FISA warrant against the Chinese state-owned enterprise.

Assistant US Attorney Alex Solomon said at the hearing in federal court in Brooklyn, New York, that the evidence, obtained under the US Foreign Intelligence Surveillance Act (FISA), would require classified handling. (more)

A few hours later, President Trump holds a meeting in the oval office to discuss trade issues with Chinese Vice-Premier Liu He….  [Video and Transcript Below]

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[Transcript] – 4:31 P.M. EDT – PRESIDENT TRUMP: Thank you very much. It’s a great honor to be with the Vice Premier of China, a highly respected man all over the world. We’ve had tremendous discussions. We’re getting very close to making a deal. That doesn’t mean a deal is made, because it’s not, but we’re certainly getting a lot closer. And I would think with — oh, within the next four weeks or maybe less, maybe more — whatever it takes — something very monumental could be announced.
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With a larger portion of the U.S. electorate now beginning to realize there never was a Trump Russia-Collusion-Conspiracy case to begin with; and with people now realizing almost all of Mueller investigative time was spent gathering evidence for an ‘obstruction case’; and with new revelations from Andrew McCabe, John Dowd and Mueller officials overlayed on the previous Strzok/Page texts; we can now clearly reconcile a previous issue:

..The May 16, 2017, Mueller meeting with President Trump in the Oval Office.

There has been a great deal of flawed interpretation of the May 16th meeting between President Trump, Deputy AG Rod Rosenstein and Robert Mueller.  Some people even mistakenly used that meeting as a cornerstone for a claim that Mueller and Rosenstein were working to the benefit of President Trump.  However, if you overlay the new information, there is considerable evidence that interview was for the purpose of Mueller determining if he could achieve an ‘obstruction’ goal.  Here’s how…
FBI Director James Comey was fired on Tuesday May 9th, 2017.
According to his own admissions (NBC and CBS), Deputy FBI Director Andrew McCabe immediately began a criminal ‘obstruction’ investigation the next day, Wednesday May 10th; and he immediately enlisted Deputy Attorney General Rod Rosenstein.
These McCabe statements line up with with text message conversations between FBI lawyer Lisa Page and FBI agent Peter Strzok – (same dates 5/9 and 5/10):

(text message link)

It now appears that important redaction is “POTUS” or “TRUMP”.  [Yes, this is evidence that some unknown DOJ officials redacted information from these texts that would have pointed directly to the intents of the DOJ and FBI. WARNING: Don’t get hung on it.]
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President Trump delivered remarks today during a White House Opportunity and Revitalization economic group meeting. [Video and Transcript Below] What is the axiom that needs to be continually referenced when contemplating the forces aligned against President Donald Trump?  “There are trillions at stake“.
President Trump is single-handily navigating U.S. interests amid a landscape where the entire BIG CLUB is aligned against him.  All but a handful of DC politicians are owned by Wall Street’s BIG CLUB (Donohue and McConnell); multinationals & allied media. Meanwhile, to enhance their self-interests/plans, the ‘Occupy’ left-wing Democrats have abandoned all prior positions and joined a tactical alliance with Wall Street in the hopes of removing President Trump.  These are the forces against all ‘America First‘ policies.

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[Transcript] -White House – […] PRESIDENT TRUMP: We’re losing, a few years ago, two hundred, routinely, to China. We can’t do that. We’re going to turn it around. It’s got to be a great deal. If it’s not a great deal, we’re not doing it.
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This is a rather remarkable statistic [Technical Data Here] Weekly unemployment claims dropped to 202,000 for the week ending March 30th.  That’s the lowest level of jobless claims since December 1959.  More people are working today than ever in U.S. history. [The DOL jobless claims statistic is not connected to the unemployment rate; the BLS unemployment report for March will be announced tomorrow morning.]

(Via CNBC) The number of Americans filing applications for unemployment benefits dropped to a more than 49-year low last week, pointing to sustained labor market strength despite slowing economic growth.
Initial claims for state unemployment benefits declined 10,000 to a seasonally adjusted 202,000 for the week ended March 30, the lowest level since early December 1969, the Labor Department said on Thursday.

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