“The economy is in a sweet spot, with steady growth and broad improvement in the labor market.”
New York Times Opening Lines:
The real question in analyzing the May jobs numbers released Friday is whether there are enough synonyms for “good” in an online thesaurus to describe them adequately.
So, for example, “splendid” and “excellent” fit the bill. Those are the kinds of terms that are appropriate when the United States economy adds 223,000 jobs in a month, despite being nine years into an expansion, and when the unemployment rate falls to 3.8 percent, a new 18-year low.
“Salubrious,” “salutary” and “healthy” work as words to describe the 0.3 percent rise in average hourly earnings, which are up 2.7 percent over the last year.”
The Washington Post’s Philip Bump writes: “The black unemployment rate has never been closer to the white unemployment rate.”
And the unemployment rate among black Americans is “the lowest in recorded history.”
Bottom Line: The economy is booming, and it’s been fueled by the pro-growth policies of the Trump administration and Republicans in Congress. Democrats like Nancy Pelosi still lack a positive unifying message – and, once again – they’re trying to spin this economic progress as a negative. In 5 short months, voters will go to the polls and support the party that’s delivering on its promises, not the party of doom and gloom whose sole mission is to resist at every turn,” reports gop.com.