Within 15 minutes of Friday morning’s release of the July jobs numbers by the Bureau of Labor Statistics (BLS), President Trump tweeted: “Excellent Jobs Numbers just released — and I have just begun. Many job stifling regulations continue to fall. Movement back to USA!”

Purely and simply: economic growth comes from political freedom.

 

 

 

There's one indicator that investors are missing when it comes to assessing the strength of the economy as it pertains to the stock market: the "Bernanke" indicator. 

Jobs reports are becoming less and less relevant to measuring an economy's performance.

There are only two conclusions that might be drawn by a study that acknowledges the predicted economic pain inflicted on the poor by Seattle's mandated minimum-wage increase: Either the members of the Seattle City Council are abysmally economically ignorant, or they intended the results of their actions.

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