News Story of the Day: The U.S. jobs market is still healthy, but the economy posted a weaker-than-expected labor report for November.
According to the Bureau of Labor Statistics (BLS), the U.S. economy added 155,000 new jobs last month, lower than market estimates of 190,000 jobs. The unemployment rate remained at a 49-year low of 3.7 percent. The biggest jobs gains were located in healthcare (32,000), professional services (32,000), manufacturing (27,000), transportation (25,000), and retail (18,000).
In the 11 months of 2018, the U.S. has added an average of 206,000 jobs per month, up from last year’s 182,000.
Wages are also climbing as the average worker’s earnings jumped six cents to $27.35 per hour.
Chart of the Day: Why is the stock market plunging? It’s more to do with the Federal Reserve’s money-supply growth moderating and unable to sustain the bull market, in addition to rising interest rates. But the yield-curve inversion may be a signal that the “economy is poised to weaken.”
Illustration of the Day: The Boston Globe is out with an op-ed that discourages Senator Elizabeth Warren (D-MA) from running for president. She should as it would create more humor since she considers herself 1/1024th Native American. But there is another reason:
Quote of the Day: The media praise of former President George H.W. Bush is ridiculous. There are a couple of things going on here: They are distorting history, they are praising him because they hate President Donald Trump, and they like establishment politicians. But Jennifer Rubin, a Washington Post columnist, was able to slam multiple people and groups in an article about Bush 41.
Graham Noble of Liberty Nation took her to task:
George Herbert Walker Bush was America’s 41st President and a true champion of neoconservatism and the administrative state. Since his recent passing, left-wing politicians, pundits and scribblers have taken every opportunity to confer sainthood upon him for the sole purpose of drawing comparisons between him and the current president; the honest, well-intentioned and eminently qualified patriot and war-hero compared to, well, Trump.
These low-IQ hypocrites have missed the mark in two respects. On the one hand, they conveniently disregard the unbridled contempt in which they held Bush 41 when he occupied the White House. On the other, they fail to understand that President Trump’s electoral victory was largely due to a rejection of the statist – and globalist – political elites represented so quintessentially by the man who succeeded Ronald Reagan.
Enter Jennifer Rubin, a token conservative writer for The Washington Post – a curious condition, in itself, as Rubin is no conservative and is a writer only in the same sense that an infant, on first learning to put crayon to whiteboard and inscribe her name, could be called a writer. Rubin penned – or, perhaps, crayoned – a recent opinion piece aimed at using Bush Senior’s death to score cheap political points, as leftists have been doing for several days. In six paragraphs, Rubin managed to excoriate the National Rifle Association (NRA), Fox News, Trump, his lawyer, Republicans in general, and the Republican Party specifically.
Tweet of the Day: Heather Nauert is set to become the new U.S. Ambassador to the United Nations. The Ron Paul Institute summed up the choice with this tweet:
Nikki Haley To Be Replaced By Blonde Version Of Nikki Haleyhttps://t.co/gyuTdCOmIm pic.twitter.com/mjN5FmSxrH
— Ron Paul Institute (@RonPaulInstitut) December 7, 2018
Video of the Day: The media kept telling us that the funeral service for former President George H.W. Bush wasn’t about President Donald Trump, which is why they went on and on … and on about Trump.
Does anyone get the feeling that if the elites decreed that everyone must have their thumbs amputated, Americans would agree that the law makes sense and must be obeyed?
That is why I have always said that those elected “Representatives” are a Representation of the People who elect them.
Uneducated Americans who are being led down the path to total control of every breathing moment.