OOPS! ECONOMY DOES GREAT WITH GOV SHUTDOWN, 304,000 NEW JOBS IN JAN

OOPS! ECONOMY DOES GREAT WITH GOV SHUTDOWN, 304,000 NEW JOBS IN JAN

February 1, 2019

Rob Lauer Political Reporter

Conservatives have argued for years that government hinders economic growth, creates barriers to competition and costly regulations that stiffly job growth. Democrats and liberals have argued for years that the government is a key factor in job growth and creation. Well President Trump’s shut down just proved conservatives right. Economists, (liberal college types) expected payrolls to rise by only 170,000.

The economy surged without those non-essential government workers with over 304,000 new jobs in January proving once and for all government does not create jobs. As a small business owner my entire life I can tell you that my number one obstacle and pain in the ass has always been some government agency or bureaucrat blocking me or fining me or suing me over some nonsense.

So remember this month’s job numbers when Democrat-socialists blather about how more government creates more equity and prosperity for all.

As reported by CNBC:

Key Points
  • Job growth in January shattered expectations, with non-farm payrolls surging by 304,000, the Labor Department says
  • Economists surveyed by Dow Jones had expected payrolls to rise by 170,000.
  • There were revisions. December’s big initially reported gain of 312,000 was knocked all the way down to 222,000, while November’s rose from 176,000 to 196,000.
  • The unemployment rate ticked higher to 4 percent, a level where it had last been in June, a likely effect of the shutdown, according to the department.