What Finger News


“It’s the economy stupid.”

If the name of the political game is the economy, then Republicans have a lot of reasons to be optimistic about the future. Even as the Trump team finds itself embroiled in Democrat created controversies, and Democrat driven gridlock, the administration continues to go about the important work of righting our nation’s economic ship.

Advertisement article continues below

deplorable coffee mugs

Are you a Deplorable? Check out these "Deplorable" coffee mugs, and start your morning off right! Or maybe you want to build the wall! Be sure to check out the biggest and best conservative store on the Internet!

Over the President’s first 2+ months in office he has methodically gone about undoing many of President Obama Executive Orders and administrative actions. He has been unraveling regulations, cutting spending, and promoting a positive business environment even as he’s been pushing the GOP led legislature to begin the hard work of cutting taxes, regulations, and spending at the legislative level.

All of that hard work and all of the good will that President Trump is building in the business community is paying off. For the second month in a row the American job market exploded with new jobs.

Moody’s chief economist Mark Zandi cheered the news, “Job growth is off to a strong start in 2017. The gains are broad-based but most notable in the goods producing side of the economy including construction, manufacturing and mining.”

From CNBC:

The year’s fast start for job creation showed no signs of letting up in March as private payrolls saw another big boost, according to a report Wednesday.

Companies added 263,000 jobs for the month, ADP and Moody’s Analytics said. That was well above the 185,000 expected from economists surveyed by Reuters and also better than the 245,000 reported for February…

In addition to the big gain on the headline number, the month also continued a trend away from services-oriented positions dominating job creation. Goods-producing firms contributed 82,000 to the total, as construction led the way with 49,000 new jobs.

The news about another spectacular month of jobs growth immediately had an impact on the stock market as well, driving stock prices up, up, up.

U.S. stocks rose on Wednesday after solid private employment data underscored the strength of the economy, boosting financial stocks and helping calm investor jitters over President Donald Trump’s ability to deliver on his policy plans…

The S&P 500 financial sector rose 0.84 percent, leading the seven gainers among the 11 major S&P sectors. The financial index’s gains were led by banks, which start reporting first-quarter results next week.

At 9:57 a.m. ET the Dow Jones industrial average was up 147.68 points, or 0.71 percent, at 20,836.92, the S&P 500 was up 13.1 points, or 0.56 percent, at 2,373.26 and the Nasdaq Composite was up 25.80 points, or 0.44 percent, at 5,924.41.

Republished with permission Constitution.com

Viewpoints expressed herein are of the article’s author(s), or of the person(s) or organization(s) quoted or linked therein, and do not necessarily represent those of True Conservative Pundit

Subscribe to my daily newsletter, and join hundreds of daily readers and receive news and relevant commentary

Don't forget to follow True Conservative Pundit on Facebook and Twitter Please help spread the word about us, share our articles on your favorite social networks.

If you value what you see on True Conservative Pundit, please consider donating, any amount helps.

donate to tobr

Print Friendly, PDF & Email

Onan is the Editor-in-Chief at Liberty Alliance media group. He’s also the managing editor at Eaglerising.com, Constitution.com and the managing partner at iPatriot.com. You can read more of his writing at Eagle Rising.
Onan is a graduate of Liberty University (2003) and earned his M.Ed. at Western Governors University in 2012. Onan lives in Atlanta with his wife and their three wonderful children.