While the jobless number is at a near half a century low ?
Things ARE sliding downward…..
“It’s kind of a mixed picture,” said Douglas Kruse, an economist at Rutgers University and a former White House adviser under President Barack Obama. “The job growth was less than what Wall Street and economists were expecting, but the drop in the unemployment rate was unexpected.”
Manufacturing has already entered a decline, and consumer spending is also appearing to soften after more than a year of strength. The new report, issued by the Bureau of Labor Statistics, showed that the economy lost 2,000 manufacturing jobs in September.
The National Retail Federation warned Thursday that economic uncertainty, new tariffs and fluctuations in the stock market could derail Americans’ spending plans in the run-up to the holidays. Retail lost about 11,000 jobs, driven by employment declines at clothing stores. Some other sectors performed much better, however, as health-care and business services added more than 70,000 jobs combined….
These are good economic numbers for the most part and most people believe the economy is going well. If there are legitimate long-term concerns about what might happen, people tend to focus on the here and now.
All the more reason politically why Democrats should welcome a process and election about Trump’s fitness and morality. Trump would have a far bigger advantage if he could just point to the “economy, stupid”. and say basically nothing else, but as we know, he cannot help but respond to anything leveled against him.
If pursued smartly, impeachment can do many things, especially distract him and his message.