The U.S. Labor Department announced that the economy created 161,000 new jobs in October and the unemployment rate fell to 4.9%. It was the 80th straight month of positive job growth. Hourly wages were up 2.8% annually, the largest increase since 2009. The unemployment rate when President Obama took office was 7.8%. The good economic news should be a plus for Clinton when the people vote tomorrow and this writer thinks the voters will take that into consideration.
Trump and his party are still preaching doom and gloom and are incapable of recognizing the good job Obama has done since he took office. And Trumps only announced plan for the economy is a major tax reduction for corporations, the wealthy and a repeal of the ACA. And none of those will do any thing for the economy or job creation. The republican party's lack of accomplishments is still the major reason why Trump and his party always deal in personal attacks. In other words, when you can not compete on the issues, attack and attack again.
With two months left in office, President Obama has made come true what this writer predicted in PolitiDose in 2009. That it would be a democratic administration that brought the economy back, created jobs, lowered the unemployment rate, reduced the federal deficit and keep America safe. And as usual, you read it here first in PolitiDose, your daily dose of political commentary.
This commentary written by Joe Lorio
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