News Story of the Day: Ouch, that’s gotta hoit!
After anticipating job creation topping 150,000, the U.S. economy only recorded 130,000 new jobs, leaving the unemployment rate unchanged at 3.7 percent.
The sectors with the biggest gains were professional and business services (37,000), government (28,000), healthcare (24,000), and finance (15,000). The manufacturing industry only posted a gain of 3,000 jobs. Retail and energy experienced a contraction.
Also, here is the stinger: The Bureau of Labor Statistics (BLS) revised its jobs numbers downward for June and July by 20,000.
At least wages were up 11 cents to an average of $28.11 per hour.
The Federal Reserve is now almost certain to cut interest rates at this month’s Federal Open Market Committee (FOMC) policy meeting.
Chart of the Day: It looks like Americans are no longer bullish on the economy. Is it because they are looking at the data or is it because they are just parroting what CNN and MSNBC are saying?
Illustration of the Day: The left recently fell for fake news again as MSNBC’s Lawrence O’Donnell said he President Donald Trump had Russian co-signers for a loan at Deutsche Bank. The words “if true” were constantly repeated in the aftermath. Turns out to be fake news, but those two words are a reminder of this meme:
Quote of the Day: Speaking of the mainstream media, here is an awesome excerpt from Liberty Nation National Correspondent Sarah Cowgill:
Back in the day, many a kid heard their frustrated parents utter, “Stop crying or I’ll give you something to cry about.” It appears the grumpy guardian in America is President Trump, and he is making the media bawl like a newborn calf. He isn’t just hammering away at the radical lefties like MSNBC and CNN – truth be told, they seem to be self-destructing before our very eyes. No, Trump has even lobbed a grenade at Fox News, and every unmanageable media brat is scrambling for cover amidst declining ratings.
They don’t call her Sassy Sarah for nothin’…
Tweet of the Day: Sen. Bernie Sanders (I-VT) is grumpy. Despite being a millionaire who owns three houses, the only time he ever cracks a smile is by the thought of taking your money. Sanders doesn’t even like the sound of a baby’s faint cry.
Bernie Demonstrates the power of the Dark Side of Socialism. pic.twitter.com/XGTxn3T83X
— Carpe Donktum🔹 (@CarpeDonktum) September 5, 2019
Video of the Day: Let’s thank Mark Dice for watching and having to endure CNN? He is out with highlights of the seven-hour CNN Climate Town Hall.
So, the Democrats are coming for your meat, huh? Well, they should start first. Oh, never mind.
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