• Good Economic News Builds Once Again – Despite Lockdowns Persisting in Some States

    Surge Summary: Last work saw the emergence of lots of encouraging economic news … even though states like California and New York are still shut down in many ways.

    by Gary Bauer

    [Last week was] a tough week for the progressive left, which seems to believe it can only prosper if America is laid low.

    • We got hints from the CDC that a vaccine might be available by the end of October.
    • [Thursday], we learned that weekly jobless claims fell to 881,000 versus expectations of 950,000.
    • And [Friday] morning the Labor Department announced that 1.37 million new jobs were created last month.  All demographics benefited.  The unemployment rate fell from 10.2% to 8.4% — a tremendous decline that far surpassed the experts’ predictions of 9.8%.

    It is important to note that this economic growth is happening in spite of the fact that several liberal states like California and New York are still largely shut down. This growth is happening in the rest of America.

    The views here are those of the author and not necessarily Daily Surge

    Originally posted here.

    Image: https://www.pickpik.com/financial-equalization-help-stock-exchange-pay-graph-banks-122041

    Gary Lee Bauer is an American politician and activist, who served in the Reagan administration. He later became president of the Family Research Council and a senior vice president of Focus on the Family. In 2000, he participated in the Republican presidential contest.


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