A Shift in the Wind Direction
Are the lies catching up with Trump and Vance?
Yesterday I wrote about an idea I have regarding why we have become so divided and how corrupt politicians are using that division. And events here and around the world seem to be reinforcing it.
But in this political season, even a few hours can shift things. That has been the case for months, beginning with Joe Biden dropping out of the race. After I wrote yesterday’s piece, I felt the wind shifting as the day progressed, a subtle thing that gained momentum.
The September jobs report came in at an added 250,000 new jobs, a striking sign of growth in the economy at a time when we are being told it is in the toilet by Republicans. But only some Republicans, those aligned with Donald Trump. The reality is that unemployment, at 4.1% is the lowest in fifty years.
When the market adds large numbers of jobs, companies must increase wage offers to keep and find good people. That means average earnings rise, which means more consumption, which boosts the economy. Economics 101. That’s one shift.
In more extremely good news for the economy, the Biden administration negotiation team ended the dockworker strike after just 24 hours until they complete negotiations in January. This strike could have crippled ports up and down…
