All The Usual Caveats Apply

Click here to view original web page at www.shotinthedark.info

But Trump’s first month of employment numbers are pretty darn good.

“GREAT AGAIN: +235,000,” Trump posted on his Twitter account in a retweet of a Drudge Report headline on Friday minutes after the Bureau of Labor Statistics released payrolls data for February showing the U.S. added a net 235,000 jobs during the month.

Gary Cohn, the former Goldman Sachs Group Inc. president who’s now director of the National Economic Council, used the report as validation of Trump’s approach to bolstering the economy, which has included bringing in corporate executives to the White House to press them for hiring commitments and publicly scolding companies over plans to move production abroad.

Like I said, all caveats apply; there are a lot of people out there out of work and off the grid, vis a vis the Bureau of Labor Statistics top-line unemployment nmbers.

But the stats show a rise in pay – which has been fairly absent from Obama’s “recovery” so far. There is a long way to go, and one month of good news isnt’ “Morning in America” just yet.

My personal jury is still out. But it’s not a bad start.