Trump Trolls Dems and Media For Stellar Jobs Report
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On Friday, the United States got shockingly good news when the unemployment rate, which was expected rise to 19.5%, instead dropped to a shocking 13.3%.
The news comes as a shock and suggests that the economic recovery from the coronavirus crisis may come back much quicker than anticipated.
Check out what the Daily Wire reported:
Despite the ongoing COVID-19/lockdown crisis, the U.S. economy managed to create more than 2.5 million jobs in May, according to the Labor Department’s Friday report. That gain, as The Daily Wire noted, is “by far the biggest one-month jobs gain in U.S. history since at least 1939.”
Unsurprisingly, Trump was though the roof about the Labor Department’s surprising report, posting first a half-joking self-congratulations then blasting out a series of reactions to the “amazing,” “incredible,” “stunning” jobs report before announcing a press conference and taunting his political rival.
President Donald Trump was clearly thrilled about the numbers. “Really Big Jobs Report,” President Trump tweeted on Friday morning. “Great going President Trump (kidding but true)!”
“THESE NUMBERS ARE INCREDIBLE!” the President later said while citing Fox Business host Maria Bartiromo. “I am so stunned. I’ve never seen numbers like this and I’ve been doing this for 30 years!” he continued, citing Treasure Sec. Steve Mnuchin along with Bartiromo. “This is an AMAZING JOBS REPORT!”
President Trump then went on to state that he would be “doing a News Conference at 10:00 A.M. on the Jobs Numbers!”
“Congratulations to wonderful Charles Payne on having been so optimistic, and therefore correct. Market up BIG!!!” he said in a separate post.
The President was clearly having some fun which is why he then proceeded to taunt the Democrats and their 2020 presidential candidate joe Biden.
“Oh no, the Dems are worried again. The only one that can kill this comeback is Sleepy Joe Biden!” President Trump tweeted.
President Trump then quoted CNBC host Jim Cramer: “It’s a stupendous number. It’s joyous, let’s call it like it is. The Market was right. It’s stunning! It is a stunner by any stretch of the imagination!”
The Daily Wire continues:
As The Daily Wire reported, before the widespread state-imposed lockdowns on entire industries in late March, the national unemployment rate was a solid 4.4%. By the end of April, after tens of millions of Americans filed new jobless claims (the worst week saw a record 6.9 million Americans file new claims), the jobless rate was 14.7%, with economists predicting another steep climb in May.
While the Labor Department’s report Friday brought some very unexpected good news, the previous day the department also revealed that another 1.8 million Americans had filed new unemployment claims the previous week, bringing the total number of new jobless claims from the start of the crisis to more than 42 million.
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