Impeachment has overshadowed the economy in the last few months. The mainstream media has largely ignored reports about America’s economic position.
According to the U.S. Bureau of Labor Statistics, the country has added 7.2 million jobs since Trump’s election. There were 266,000 jobs added in November. The unemployment rate remains at a near 50-year low (3.5 percent).
Perhaps most stunning is the wage growth that has occurred during Trump’s first term. Wage growth was 3.1 percent in November. It’s the 16th consecutive month that wages have grown more than 3 percent. Wage growth exceeded three percent just three months under President Barack Obama.
Manufacturing jobs are being added to the economy. Consumer sentiment is increasing. African American, Hispanic American and Asian American unemployment are all at historic lows. Real median household income is at a record high of $65,084. The number of Americans in poverty is at its lowest point since 2007.
Few issues influence Independent voters as the economy does. Democrats have an uphill battle to climb when it comes to beating Trump in 2020.
And sadly, they’re going to have to hope for America’s economy to tank in order to have a chance.
