More good economic news:
The BLS number of jobs reported this morning for the month of May was close to 265,000 – when including the upward revisions from previous months. This is a phenomenal number given the declining workforce.
The workforce is declining due to illegal aliens self-deporting or, in a smaller number of cases, being deported. This chart shows the numbers:
At the same time, the financial markets are reaching record highs. It is ironic that most Americans probably aren’t particularly happy with the economy, almost 100% as a result of the increase in gas prices–an increase that is highly transitory, as there is no shortage of fossil fuels. I suppose if the Democrats succeed in taking Congress in the Fall, they will then take credit for the drop in gas prices that inevitably will happen. We can only hope that it happens before November.
