BREAKING : Trump Job BOOM Proves Americans Were RIGHT and Experts Were WRONG
The February job numbers are in, and they’re a STUNNING success for Donald Trump and the American people.
“February proved to be an incredibly strong month for employment with increases we have not seen in years,” Ahu Yildmaz, co-head of ADP Research Institute, said in a statement about the February report.
This jobs boom confirms the American people were 100% right in electing the successful businessman, and the experts, who said a Trump win would kill jobs and cause a recession, were wrong.
From Breitbart
The economy added nearly 300,000 private sector jobs in the first full month of Donald Trump’s presidency–blowing away the expectations of economists and defying many so-called experts who predicted Trump’s presidency would lead to an economic slump.
Employment in the private sector rose by 298,000 jobs in February, according to ADP and Moody’s Analytics. Economists surveyed by ADP had expected 190,000 jobs.
“The trade deficit will get larger and that means overall, you might save 100 jobs at Carrier, but overall the jobs in manufacturing we lost will get worse,” Nobel prize-winning economist Joseph Stiglitz told CNNMoney in January.
“If [Trump] is elected, I would expect a protracted recession to begin within 18 months. The damage would be felt far beyond the United States,” former Treasury Secretary Larry Summers wrote in a June 2016 op-ed in the Financial Times.
Today’s jobs numbers are, however, the real economy. And they demonstrate that the notion that Trump’s policies–or mere uncertainty around policy making–would kill jobs appears to have been far off the mark. Far from pulling back, businesses hired just about the maximum number possible in a single month.
The health care sector was one supposed to be particularly hard hit. “As many as 200,000 jobs may be lost in the health-care sector over the next year and employers will slow investment as they wait to see Trump’s clear plan for reform, according to Chris Rupkey, chief financial economist for Bank of Tokyo-Mitsubishi UFJ Ltd. in New York,” Bloomberg News reported in December.
Instead, the economy added 38,000 health care jobs in February.
“February proved to be an incredibly strong month for employment with increases we have not seen in years,” Ahu Yildmaz, co-head of ADP Research Institute, said in a statement about the February report.
Amy Moreno is a Published Author, Pug Lover & Game of Thrones Nerd. You can reach her on Facebook here.
