HAPPY LABOR DAY!

Labor Day, Economics, and Hurricane Dorian

On this holiday, let's take a moment to look at the bigger economic picture.

Today is Labor Day, and that means the unofficial end of summer on a day of celebration of the American worker. The holiday originated in the late 19th century and was born of the labor movement, though many Americans, led by President Grover Cleveland, pushed for and secured a September date to distinguish it from the socialist/communist “International Workers Day,” or “May Day,” on May 1. Labor Day was made an official federal holiday in 1894.

As we mark the day, let’s take a quick look at a few related topics.

First, Hurricane Dorian, currently a Category 5 monster, is heading for Florida, Georgia, and the Carolinas — not exactly a welcome holiday event. The days and weeks ahead with being filled with the extensive labor and massive expense of recovery, but Americans are a resilient lot.

As for the economy, as we’ve hammered home in recent weeks, the positive outlook is exactly why the Leftmedia is incessantly running reports of economic doom and gloom on the horizon. A good economy is a bad news for Democrats. If their prophecies come true, it will be because they succeeded in undermining consumer confidence.

Well, here are the facts: The August jobs report won’t be released until this Friday, but the employment picture is largely a good one — even if recent revisions are being used by Democrats and their Leftmedia propagandists to forecast a recession. The unemployment rate stands near a 50-year low of 3.7%, meaning one of the biggest hurdles for increasing employment is that companies are finding it difficult to fill jobs with workers. Manufacturing has taken a hit because of President Donald Trump’s tariffs, which are also hurting American consumers with higher prices. But Trump is calculating that the U.S. economy can withstand a needed battle with China that he didn’t start.

Third, wages are growing and consumers are generally confident. In fact, The Wall Street Journal reports, “American workers under 35 report being happier with their paychecks than people over 55 for the first time since at least 2011, according to a new report from the Conference Board, a business research organization that polls U.S. employees about workplace satisfaction. Overall, the share of workers satisfied with their paychecks rose to 46.4% in 2018, from 43% in 2017, an increase that mirrors federal data showing that wage growth accelerated in 2018.” Furthermore, “Nearly 54% of U.S. workers said they were satisfied with their jobs in 2018, the highest share reported in more than two decades.”

In any case, a happy Labor Day to those Americans taking a break from laboring today!

Source:

Share your thoughts with the world by posting a message on the Liberty Tree.

Tell Us What Liberty Means To You 

One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors. -- Plato (429-347 BC)

TRY THE LIBERTY TREE AD-FREE

THE LIBERTY TREE FRIENDS & PATRIOTS

 "FIGHTING FOR FREEDOM AND LIBERTY"

and is protected speech pursuant to the "unalienable rights" of all men, and the First (and Second) Amendment to the Constitution of the United States of America, In God we trust

Stand Up To Government Corruption and Hypocrisy

Knowledge Is Power And Information is Liberating: The FRIENDS OF LIBERTY BLOG GROUPS are non-profit blogs dedicated to bringing as much truth as possible to the readers.

                                                                                                    

NEVER FORGET THE SACRIFICES

BY OUR VETERANS 

Note: We at The Liberty Tree cannot make any warranties about the completeness, reliability, and accuracy of this information.

Don't forget to follow the Friends Of Liberty on Facebook and our Page also Pinterest, Twitter, Tumblr, Me We and  PLEASE help spread the word by sharing our articles on your favorite social networks.

LibertygroupFreedom    

The Patriot is a non-partisan, non-profit organization with the mission to Educate, protect and defend individual freedoms and individual rights.

Support the Trump Presidency and help us fight Liberal Media Bias. Please LIKE and SHARE this story on Facebook or Twitter.

WE THE PEOPLE

TOGETHER WE WILL MAKE AMERICA GREAT AGAIN! 

Join The Resistance and Share This Article Now!

TOGETHER WE WILL MAKE AMERICA GREAT AGAIN!
Help us spread the word about THE LIBERTY TREE Blog we're reaching millions help us reach millions more.

‼️️ ♻️ PLEASE SHARE ♻️ ‼️️

Please SHARE this now! The Crooked Liberal Media will hide and distort the TRUTH. It’s up to us, Trump social media warriors, to get the truth out. If we don’t, no one will!

Share this story on Facebook and let us know because we want to hear YOUR voice!

Facebook has greatly reduced the distribution of our stories in our readers' newsfeeds and is instead promoting mainstream media sources. When you share with your friends, however, you greatly help distribute our content. Please take a moment and consider sharing this article with your friends and family. Thank you

❦❧❧❦❧❦❧❦❧❦❧❦❧❦❧❦❧❦❧❦❧❦❧❦❧❦❧❦❧❦❧❦

For you see, the world is governed by very different personages from what is imagined by those who are not behind the scenes.

  Coningsby: Or The New Generation And, The governments of the present day have to deal not merely with other governments, with emperors, kings, and ministers, but also with the secret societies which have everywhere their unscrupulous agents, and can at the last moment upset all the governments’ plans. — Benjamin Disraeli, Speech at Aylesbury, Great Britain, September 10, 1870

◈ ◈ ◈ ◈ ◈ ◈ ◈ ◈