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January 22, 2020

Sundown Joe: The Economy Is Terrible, It Just Consists of "People Clipping Coupons In the Street." Or, Alternatively: "People Clipping Coupons In the Stock Market" (???!!!?

Does he mean... redeeming coupons attached to bearer bonds?

Does he think this is Die Hard? Or Mission: Impossible?

And what does he mean about people clipping coupons in the street?

Who clips coupons in the street?

What is he talking about?

Does he mean anything?

Or is he just sundowning as usual?



"No Marlarkey" Joe is peddling some serious malarkey.

The economy isn't merely good -- it's at a level which one would not be guilty of Trumpian overstatement to call an all-time high.

There is one chart that President Donald Trump's re-election campaign should be "plastering absolutely everywhere," said Fox Business host Deirdre Bolton on Fox Nation's "Deep Dive" on Thursday.

The graph shows the average unemployment rate in the first 35 months of each president's first term going back five decades.

The average unemployment rate nearly three years into President Trump's administration is 3.9 percent -- a 50-year low. The next best employment statistic was recorded during President George W. Bush's first term at 5.5 percent.

That statistic coupled with the fact that the wages of American workers are rising for the first time in years presents a challenge for Democrats in the 2020 election, according to the "Deep Dive" panel.

"Workers' wages have lately been rising faster than the salaries of their bosses. It pretty much knocks out the inequality argument. ... It appears the Trump era has been reducing [income inequality]," said James Freeman, the assistant editor of The Wall Street Journal's editorial page.

Meanwhile: Big dog gives a boost to a tiny little kitten.




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posted by Ace at 07:38 PM

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